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.
You aren't reading it correctly.
Quite a negative spin on an AMEX listing.
Hearing lots of buzz about TCEL.
You are correct according to the stickied email..
Just re-read that email and it appears it is going to be the amount paid after all:
You have your present common shares and now you will have (as soon as we get Finra approval) the equivalent of what you paid in Preferred “B” Shares as well. These shares will have a fixed value of $2.00.
Everyone should read this link as well:
http://onswipe.investopedia.com/investopedia/#!/entry/introduction-to-convertible-preferred-shares,5228e3a5da27f5d9d017c73e
This should clear up the DIVY questions somewhat, posted by THOR:
Looks like they have already filed info with FINRA on the divy see the email I just received!!
---------- Forwarded message ----------
From: "Paul Phillips" <pphillips@telecorp.com>
Date: Jan 16, 2014 10:27 AM
Subject: Update
To:
Cc: <investors@telecorp.com>, <investorrelations@telecorp.com>
Hello
Here is an update.
The I/O is 2,709,623,770. The float is approx. 357,200,594. We have increased the shares to give us space to sell debt and gain assets. The model we are using is a proven model from Securities Attorney, a PCAOB Auditor and a group of securities executives.
Telecorp Lawyers are in the process of filing with Finra. Some documentation has already been sent. We are expecting approval shortly.
The plan for us to get up to 4 million in assets mid spring and then enter the AMEX Exchange at $2.00 value. We are protecting our investors in the company and they will receive after Finra approval what they paid in Preferred shares. There will be a point where there will be a market adjustment on common shares but all Investors will be protected with their preferred "B" shares. These shares will be restricted for one year.
Here is how it looks now.
You have your present common shares and now you will have (as soon as we get Finra approval) the equivalent of what you paid in Preferred “B” Shares as well. These shares will have a fixed value of $2.00. For example if you bought $5000 in stock shares, you now will have 2,500 Preferred B shares with a Fixed value of $5,000 in Preferred shares. These shares can be transferred into common shares at a par value of $0.0001. So that will give you 20,000 common shares for each $2.00 invested.
This plan doesn't protect speculators just true investors. Common shares will be sold at $2.50.
Check this site out and will explain http://www.investopedia.com/articles/stocks/05/052705.asp.
Hope this helps.
E-mail me with any questions you may have. Thank you.
Sincerely,
Paul Phillips
President and CEO
Company: 877-754-7554
Cell: 1-416-419-0596
Direct: 1-705-252-3400 or 1-905-595-5309 Ext. 1999
Fax: 1-705-252-8353
Skype: TelecorpCEO
MSN: pphillips@telecorp.com
Main E-mail: pphillips@telecorp.com
Visit Us Online: www.telecorp.com
OTC Markets
Ticker Symbol: TLNUF
ISIN #: CA8792962000
CUSIP #:879296200
It still may be the purchase price... I'm guessing that it's current share price, because that's more realistic. If it's purchase price... That's one hell of a DIVY! Either way it's a big one.
They should be if in fact those are the terms.
Depends on the price purchased or the price of the stock when the DIVY Ex date is recorded- not sure which one it will be yet.
For example right now @ current value 1M shares is worth $1100. You would receive 550 preferreds valued @ $2, restricted for a year.
It's dollar for dollar-not share for share.
If you have say $200 dollars invested, you would get 100 preferred shares worth 2$ each, restricted for a year.
That's my understanding.
Agreed Garyst! I posted the top six called last week and if you look @ the bobs there were many, many more 100%+ runners just Friday.
Haha! Enjoy your weekends everyone!
WEEKS BIG PICKS POSTED BY BOARD MEMBERS-CONGRATS!!
PICK CALLED HIGH MEMBER
SNDY .0014 .0038 Marilynt
SLIO .0015 .0045 Marilynt
AEGY .0012 .0028 Dwrvt
SKTO .0175 .03 Dwrvt/imbestever
EAPH .0085 .018 imbestever
NECA CHART posted last night:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96284680
VOIS CHART posted last night:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96290962
YEEHAW!
DIVY News sends it HF!
TLNUF
Honestly guys-for 2 days now you are debating paint jobs?
It's really off topic anyway. Talk about the stock-not general trading practices.
Nah, some Bidwhacker will close it even lol
Not what this board is about. Enjoy your MJ.
Thanks JJL- You are doing a great job as well!!
Just trying to keep up with the trading-the board-the Wife and kids---you know how it goes! Lol
????? It closed up 33% or so, RSI still low and accumulation turned way up?
Ha! Just heard about KALO from HIGHFADE.
Going to post a chart just to see a 1000%+ gain lol
Nice! Probably right-Ill post an updated chart here in a minute
Just posted it on my big movers and on the SLIO board! Congrats!