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The way I see it is if they don't deliver on most of their anticipated milestones by June then we are in trouble. If they do it won't be a problem being .01 or more sustained. Their plan is to uplist to OTCQB I'm sure their lawyers and management knew of the new rules. If this is a scam it will be evident by summer.
To me it could be why news has been delayed because they are stacking it to attract actual investors and not all of the flippers. It's quite evident they could care less about impatient day traders. Why do you think INVESTORS and POTENTIAL investors was italicized in the PR today.
IR stated they will be completed end of April!
Yeah people need to stop that nearly gives me a heart attack everytime.
Why would you post this if it is not true? Then the company looks bad when/if it does not happen.
Oh yeah!! T-12 hours (or so) to lift off!
On the last quarterly report under "retained earnings" it lists several million dollars. Doesn't that mean the company has revenue but has reinvested it all into the company? I could be wrong but if you could provide some insight that would be great.
Thanks!
If I'm doing my math correctly even if the company comes out with audited financials and they are accurate at intangible assets of 55 million we should be at .01 easy. There are several legit pennies that trade way higher than the 10-15x earnings. Many as high as 70xs earnings because of huge potential. Much like TLNUF.
Then factor everything else into the equation we should be golden if they deliver on projections.
I'm really hoping for a reverse merger or partnership with Jose Fernandez company; Meteor Telecommunications. That would push us way into pennyland.
Yeah that was separate...but good to know they have removed all the existing debt!
To add to that...
Until FINRA approves the Convertible Preferred Stock Dividend, I am not at liberty to discuss measures designed to protect stockholders from the dilution that has already occurred. We had a substantial amount of aged non-affiliated debt on our balance sheet that was compounding because it went unpaid, and now that situation no longer exists, thus the increased in the authorized and issued capital to make allowances for that debt to be converted and removed . We are awaiting FINRA Approval on our stock dividend, and once we have it, better clarity will be afforded to the stock holders as to the nature of the dividend and the corresponding rights and privileges of the Convertible Preferred Securities.
All the reasons waiting for months will ultimately pay off!!
TLNUF will continue to climb when the audited financials are released end of April. Can't wait for the next several months.
Product launch will be mid spring! Also received an email stating they will be applying for patents in the summer.
Never mind I made the mistake. It was from FINRA. My mistake all!!! It's been a day. But a good one! Finally back in the green!!!
This is not accurate. TLNUF sent emails stating all news from now on would be through OTC markets not the wire. Today's news was not from FINRA.
Yeah I feel everyone is incorrect. The announcement was not by FINRA today it would have been in a different section. Compare it to OLI* and you will see what I'm talking about.
I'm FINALLY back in the green! Congrats to all of those who have had patience and stayed! This is just the start!!
A scam with successful leaders in the industry; go figure!
That's correct. Anyone who has spent any time doing some good DD can see all the people involved with telecorp have had very successful careers and know this industry. There is no way this is a scam.
What crime exactly? They have an authorized amount of unlimited. They're doing what they have to do to launch products, acquire companies, up list, eliminate debt, and hire new staff. Could they communicate better? Yes, but all in due time.
The PPS is clearly stabilizing and starting to slowly go up with out news.
IR just emailed me back stating it's still 3.7 billion. Who knows...
IR UPDATE
I emailed this morning and asked the following question.
"Is there going to be a point in time where the AS will have an actual cap? According to the Wyoming state website you have an unlimited amount of shares available. I know that from monitoring popular message boards this is preventing many big investors from investing in Telecorp. Please let me know if you can provide any details about this concern."
The response...
"There will come a time when there will be a cap, and we will keep you updated on new developments."
I also just asked about the new claim of the OS being 4.5 billion lets see what they say..
Yes plus they said "planning" does not necessarily mean releasing. Everyone should just relax this will improve with time. Their priority isn't making flippers rich over night.
Yeah if you do some DD on the Jose Fernandez guy and his company it seems a reverse merger of some sort could be a possibility moving forward.
Is anyone able to find what they're currently trading at on the German exchange? I think the pps is still hovering around .60 but can't find a reliable site for a quote. Just curious.
Yeah that's about what my average is so my anxiety levels will go down once we are back around that area.
.10 would be glorious.
Look at me losing track of time. Thanks!
Next week should be the start of some very exciting times around here.
1. Confirmed news for next week
2. Company confirmed today audited financials will be ready end of month.
3. FINRA dividend approval any day.
4. Move towards up listing
5. Product launch in the coming months
6. Acquisitions??? Reverse Mergers??? Buy out???
Can't wait!
" Audited Financials will be completed by the end of April. Our year end is March 31st"
Just received this update from IR also! Great News!
I think it was just an assumption everyone made based on your prior post. There was never official word stating they had filed on the 10th.
I do remember a previous post a while back stating that after all paper work is filed the company calls FINRA and lets them know when they want the news to go out on a record date, etc.
Like others I feel they are waiting for other things to be in order so they provide us with a lot of significant PRs in a short amount of time.
I'm still thinking news will come at the end of the month.
Good point. If people would read the last financial report they would see that the "retained earnings" were several million dollars.
That would be excellent!!!
Yeah someone needs to update this page. The float is nearly 4 billion. So .25 is not coming any time soon. Maybe in a few years though....
This report lays it all out in detail.
Happy Reading!
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=116203
I could see Google finding use for it but not so much FB. If Google wanted a product to compete with a giant in the industry like oracle and if the software telecorp has is better; than why not?? Not saying I think there is a good chance of this happening but certainly not impossible. Maybe I will give that contact a call tomorrow that was provided and see what comes of it.
Where did you hear this from?
That would be awesome. I found that when researching the people involved with the company. They all check out and have had very successful careers in this industry.
I couldn't agree more. I think they have purposely been delaying dividend news until some other things are in line too. I would bet they are waiting on their financials to be audited and ready to be released as well as paper work for up listing. Then comes the product launch all in unison.