Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Have not heard back I'm sure we will once things are processed or we notice the shares in our accounts. Seems no one is sending SSNs which is good.
I emailed my statement and did not provide my SSN and will only give it if absolutely necessary as I feel the same as you do giving out that information.
Just emailed in for my B shares. Hopefully we get more news soon.
Done enough DD to be confident this will pay off in time. Been here since December and holding tight.
Let's hope this thing gets moving again!
Still Pink on OTC markets.
Most likely, I don't get excited with the dates they give. The news eventually comes just not on time.
They said by 5/31. That's not a trading day. So I would assume we will hear next week.
I wouldn't count on any news until next week.
CEO still owns 75% of the shares according to the disclosure. Also, obviously the only way to pay employees in a company with no revenue yet is with shareholder funding. You can't expect them to work for free.
We should get more updates this week with the quarterly report at the very least.
It's still there you just have to click the "show intro" tab in the top right corner of your screen .
Yeah that's the hope. Keep my fingers crossed. If they get something positive locked up like a financed and the audited financials reflect half of what they've claimed in terms of the value of their software we should be golden! Of course of they don't R/S before that!
I sure hope so. My average is .0010 on a good chunk. Hoping for another run above that so I can get some of my investment back.
They claim no plans but I would imagine it will come at some point down the road.
It was in a PDF they sent to investors via e-mail. There is no link but I cut and paste the contents below:
Telecorp Investors Update
May 1, 2014
Investor Questions
1. How many customers have purchased the Telecorp products?
As of yet no customers have bought the products. We still need funds to complete server issues (regards to handling volumes) and final debugging. See bottom of this update on more information about this. At present we have significant companies and several distributers that have signed up and want or want to sell our services. These early adopters will be given a 4 month free trial to make sure everything works well before we go to market. We have announced January 1st 2015 as a tentative launch date but we are hoping to be much earlier with the first group.
2. How many employees total in all offices?
We have when we are a full speed 27 employees/consultants
3. What is the monthly company revenue?
There is of course no revenue as we are launching tentatively January 2015
4. Can we expect to see investor updates on at least a monthly basis? We issue Releases or Updates when we can and have news to share.
5. What are the announcements supposed to be made this month regarding "Enhancing shareholders investments”?
We are working on this hope have news within 60 days.
6. Please provide an updated float, A/S and O/S to shareholders
O/S outstanding shares: 6,054,477.964 A/S Active Shares: 8,984,999.996
Product Update
While we understand investors being impatient, we believe the wait will be worth it. First with all the tools and innovations that we have and we are working on, none of competitors offer like this small sample;
? All of our four major cloud services are connected to our contact manager. No one does this.
? We are the only CRM (Like Salesforce) that offers scripting.
? We are the only CRM (Like Salesforce) that offers Disposition Buttons. These buttons allow staff to press buttons on the computer to collect information on inbound or outbound call. Our competition requires actual manual inputting.
? We track every aspect of a call in contact manager automatically.
? We offer Campaign Manager that ensures that staff and departments manage each
customer. Interaction on predetermine times or at various milestones.
? Controlled calling ensures based on the company’s needs, manages client callback’s,
new customer calls, retention calls and data base mining. The administration can
choose what percentage for each area plus minimum call volume.
? Calls can have different levels of importance.
? We have tools that automatically distribute voice calls, text messages, faxes, emails and
live calls.
? With our appointment confirmation tool for use in businesses like Doctors or Dentist
offices, we can when a patient cancels an appointment fill the appointment
automatically with little need of receptionist.
? We can deliver virtually an unlimited number of different voice, text, e-mail and faxes
messages.
? We are the only online meeting/training and testing system that is connected to contact
Manager. This means all your information is one place.
? Allow Mobile Tele-Calls for people on the go to make their calls for the day on their cell
phone with voice prompts. All calls are recorded and delivered (optional) in text and stored in Contact Manager. Plus any captured information like callback date, appointment date, notes and much more. We will describe this in more detail soon.
? Also using our system we can get results of sales (no matter where the sale takes place) into the system in virtually real time (less than 5 minutes).
? Almost no extra work after hours or first thing in the day as ours is the only system is 95% automatic so results are in virtually real time. Take for example a travelling sales person has to complete their daily report...with our system almost never!
We will offer more on system in future updates.
Other News
Telecorp is very close to arranging funding to complete the software as of April 30th we have been told by funder that they anticipate that by no later than May 31st that Telecorp will be able to get up to $100k a month on an ongoing basis up to $5 million. The company name which we will announce when final approval has happen.
At present we need $350k to complete software. Software could take 6 months to complete, however portions of the software could be street ready sooner.
The monthly funding means we will be going full steam which will allow for good news stories and acquisitions.
Our quarterly report will be released by May 15th and our Audit and Annual report will be released by June 30th.
They updated last week. We will probably hear something in the next two weeks with their quarterly report and news of possible financing.
We will get news before January. Audited financials (June), financing (EOM), acquisitions, final product development, and news of who has signed contracts for products. All of this was supposed to happen by spring but apparently there have been more delays.
Do you know time frames for those targets?
The audited financials are a big deal also. That will actually confirm they have software that's worth something.
Finally some communication!!
I sure hope it doesn't. It's certainly in the realm of possibilities but they stated a market correction would not happen until the market cap is much higher. Can't get much lower than it is. I expect news and an upswing before a R/S happens.
I got an email from them 2 days ago regarding a dividend question I asked about 2 weeks ago. So they're still there!
Their website was recently updated with new products. They have news, they just need to release it already!
At the very least; hopefully they give us an update tomorrow even if things have been delayed.
I hope you're right!
Doesn't each dividend share convert into 100,000 commons when you want to convert in a year?
So your 500 shares would turn into 50,000,000.
I think they just got themselves in trouble trying to be more transparent with shareholders. There have probably been some sort of delays with progress they did not foresee (like hiring a PR person that can spell) and maybe they will not be able to deliver expected news for a few weeks. If they did not say anything that would be fine. However, since they said April now they will look bad.
Big news is coming. Hopefully in the next few days. If not I will wait it out like many others as we have all been doing!
Almost time for those Audited Financials to be released!
Haha just waiting on some news. Probably make us wait until 4/30.
Give us that news! We hungry!
TLNUF
Let's get that news!
TLNUF
Yeah that plus you holding off on your voodoo black magic spells will help haha.
Sure is everything looks updated which is a good sign.
Maybe they're going to use their products to show us how!? Maybe they purposely messed up everything and they will demonstrate how it works. LOL
What's even better is it's coherent and free if mistakes. Hopefully they fired the jerk off doing the PR work.
Looks like they've added quite a few products on the site and updated new images. They've also added sound clips of their text to voice products.
I haven't looked at their website in a while but it looks like they've done some updating.
This section is new:
http://www.telecorp.com/business-leads/
Claims of adding thousands of customers per day??? Either they're lying or they are gonna drop a bomb of a
PR on us soon.
Haha put the curse on after at least one more run. Need this to hit .001 to break even. Let's go!
We can only hope!