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Yeah if you call and leave a message they return calls rather quickly also!
Yeah me too! Or news of them being acquired...haha
Dividend not quite as big as what was originally stated but we still have something! Hoping good news continues to flow so we can get some steady growth. Keeping my fingers crossed!
Wow that's some good information you got! Maybe they tried the other plan and FINRA told them it was not possible. Either way its good news...assuming we will hear the official announcement soon!
Some good video interviews and information from the CEO that have taken place over the last couple of years. Their products sound pretty good. Hopefully this really starts taking off in the coming months as they have outlined...
http://www.telecorp.com/info#iSales
70 million!? You'll own 20% of the float then if I'm figuring correctly. That's good for all of us if you plan on going long.
70 million!? You'll own 20% of the float then if I'm figuring correctly. That's good for all of us if you plan on going long.
What happened to the chart and all the info??
Page being updated?
You all are making me jelous. I thought my almost 13 million was a lot! I want more!
Great post!
I was just reading up on the CEO. He has a great record of success. Looks like before Telecorp he lead another company to 14 million a year revenues in a few years. Looks like we are on that path it will just take some time.
Haha my average is .0012 so I don't have too much further to go to break even.
Last news was December I think but they release on OTC markets instead of actual PRs that everyone can see through mainstream channels. Must save them money.
They added some stuff the other day too but nothing substantial enough for movement.
They also released that the audited financials are paid for and in process.
They certainly exist. I had similar concerns and decided to call and a representative called me back. They have stated it's in process but has been delayed. Other communications also stated good news would be here by spring. I would not expect news next week. Just like many; I would have hoped the dividend news would have come already but it hasn't. Until then a lot of money is locked up here. I would expect in the next 6-8 weeks we will all be happy we stuck around. Just stinks having to wait. It might be better to wait a little bit. Let the pps climb a bit and have a better starting point and foundation for a run!
Yeah most recent email that was sent to investors stated that some paperwork had been filed and to be patient with the process as it has taken longer than expected.
Wish I could load up on more. Holding for pennies. Even if news does not come next week it's stated in all of that information they will have big news by spring. Glad I heald onto all my shares. It got scary for a while!
I think it goes by how much you paid for that million shares.
That's directly from the company not my interpretation..
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.
I had called telecorp last week and a representative called me back today. I asked her for updates on the current share structure, dividend news, and audited financials. She stated she was going to send me an electronic update with all of that information. What I posted is most of what I received. She stated that if I wanted more information they would be willing to set up a phone conference, I'm assuming with the CEO or other executive for more details if that did not answer all of my questions.
Yeah more or less same information that was already provided. I agree it seems hard to believe with all the volume. That's what we have to work with though.
Yes I just posted that in an email I received today from Telecorp...
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.
Update from Investors Relations phone call earlier. Think we already know this but this is as of today.
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.
Just spoke to investor relations. They stated they would be sending an email with most current share structure, dividend timeline, and some information on the audited financials. It might just be what everyone else has already seen but worth a try. I will post any information I get.
Added some more at ask as well.
Just called back...the number takes you directly to the office of "Paul Phillips" according to the voicemail, which is the CEO, right?
Hopefully someone calls back today!
Just got a voicemail from investor relations. They call people back! That's always a good thing. If I get a hold of the representative again and she can shed some light on things I will certainly post up.
I understand that...its just comical that they can get suspended...have a similar share structure....and not be a real business with employees and products and STILL be doing better than us. That's all I was implying.
OLIE up 400% today and we are still down here....WTF!!
I read it as they were going to file the deal that made with OLIE this week not the dividend. Either way I hope you're right just don't want to get my hopes to high.
In the same boat...waiting patiently...
Pretty low volume here today...
I sure hope so! OLIE sucks/sucked 100x harder than this and that flew to pennies multiple times!
Yeah crazy volume! Would have thought it would have gone north today.
Retained Earnings
6,314,493.77
5,936,907
Doesn't this mean they had revenues and chose to invest it back into the company? Again not an expert but what are your thoughts?
Thanks.
I could be wrong but everyone keeps saying they have no revenue. Under
Retained Earnings
6,314,493.77
5,936,907
Doesn't that mean they had over $5 million in revenue but are choosing to retain these funds to reinvest into the company?
Again, I could be completely wrong. Just looking for clarification.
Thanks!
Hopefully we can keep heading north slowly and build some positive momentum. That would be great leading into some news. Hopefully we get the dividend announced soon!
Nevermind...
How come it's not trading today?
Well I guess once their deal goes through with the RMA (sp?)they wont have any trouble becoming profitable. Overall, their report looks 23409823498x's better than OLIEs and that stock was going over a penny. I do not see why this continues to plummet. Hopefully they announce the Dividend soon and through a mainstream channel.
WE sure do.
I sure hope so. Been waiting patiently...