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That sell job at the end also lowered the RSI a little bit, only gives up more road to drive up to the mountain top
Well said Penny. I find it hard to conceive that they'd let this entire week go by without at least doing a PR to explain the details on the dividend. We will get an explanation before Friday. I'm sure of it.
oh my god. I better rethink my position in TLNUF...I'm gonna transfer more $$$ so I can buy more cheapies. TLNUF to the mountain top! :-p
They just responded to my email as well concerning when we would be updated and also concerns regarding capping the AS. They apologized for the 1 week delay in response and attached the FINRA approval announcement. No reply regarding the AS. I'm a little annoyed by that. But I still believe in them. I'm holding tightly.
Wow, what the hell just happened there? Someone really wanted out badly.
You do realize that that post was sarcasm about statements made about TLNUF's future right?
Well said. I'm hoping to make 6 digits on this one.
I think those 11s are a joke really. All it takes is one person cleaning out those 11s and we could start a run before news even arrives this week.
Its interesting how just a couple months ago some were calling this stock a pos and said it had no chance of sustaining the rise north, and look where we are now. This seems to be a common pattern in a number of these tickers.
I agree. They said in February they were close to major announcements. So I believe we could start to see some of the fruits of their behind-the-scenes efforts. Many may be surprised this week. I'm hoping for a huge acquisition or partnership announcement.
I was wondering when your royal flush 10 grand hand was going to get played. I think 9s are safe. Especially when news is guaranteed this week. Nice play man.
I'm lowkey jealous, lol. My hand is all ready all in, no more powder for the moment
I like how some started putting those bids up at 7s thinking they would get sum and then that big slap came in. Love it! lol
Big slap at the 9s!
Very true. An update will come this week. When this week? No one really knows. Just be patient folks.
I have a good feeling many of us that believe in Paul will be greatly rewarded soon.
I believe so too. In some of the communication from Paul & IR they have mentioned wanting to acquire other telecom companies and develop partnerships with other companies. They also mentioned last month that they were close to major announcements. I don't think they were referring to the dividend either. Therefore, there is something or there are somethings that they have in the pipeline that will come to the surface very soon. They've given us several clues as to what to expect and quite frankly either an acquisition or significant partnership could push us through the gate of pennyland well before the financials come out. And then the product launch is scheduled for mid-Spring which is also late April/early May. So there is lots to look forward to. Multiple pennies by Summer.
Honestly, I think we will have other news prior to May that will push us into pennyland. I think that will just push us deeper.
I know! I can't wait for the audited financials which will prove the debt is gone. It won't be able to be disputed by anyone with sense.
Thanks KG. I think that was a separate email, no? We definitely will have a follow up pr from them this coming week. It may not be until mid-week so everyone will need to wait for it and relax.
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
It's a simple fact that some believe TLNUF will run resulting in a profit and some believe TLNUF will drop to .0002. I happen to believe the former, TLNUF to the mountain top soon! There is nothing to fear here regarding TLNUF.
I agree. I think that a substantive pr is on the horizon. Many people interpret a period of silence as no progress. I view it differently. This company has been pretty communicative. It was pretty responsive in January laying out the plan and then in February and March have been, while less responsive, clearly fulfilling their plan. I mean, look, we didn't get the divy from them just sitting on their butts & eating doughnuts. Clearly, the company is working behind the scenes and when it has something substantive to release, it will. They have told us that quarter end is March 31st and that the audit firm they hired will conduct the audit late April. By May we will have other news that moves the pps im sure. And from whereever we will be at that point, when the audited financials comes out THAT'S when I believe these so-called Shamus will come flying in. I would not rule out a share buyback or cancellation in the near future either. I feel really good about that company right now. And on another note, people who want to try connecting OLI* to this company...I'm sure Paul was just as surprised as we were to hear about what OLI* is accused to have been doing. I doubt that if he knew the truth he would have invested any money into OLI*. Would any sane person give their money (or investor money) to a scam and jeopardize their own company?
We don't need Johnnie Cochran to beat frivolous cases. This company is on to something and many will be left behind when the train starts choo-chooing. Go PVEC!
He didn't miss any opportunity. They haven't responded yet! Again, OLI* didn't respond for 3 trading days after the FINRA divy announcement. Many of the ppl here have super high expectations that may need to be tamed a bit to something more realistic. The company is being methodical in how they plan to move the pps up. And make no mistake about it, they have a plan for doing it. Just read their 2014 Plan on the telecorp website. Here's a sample of how the CEO writes by the way:
Paul Phillips, CEO of Telecorp Inc, states, ” Filing audited financial statements is absolutely necessary to build investor confidence. It’s another act of transparency on the part of management to ensure that its financial records have been independently verified by a third party PCAOB Auditing Firm. The selection of Malone Bailey LLP as the company’s auditors is a first step in becoming an OTCQB company. Now, that we have a sound Business Development Plan, moving forward, we need to implement and act on the changes we have made. More clarity on the information we have already put out will be made available to stock holders as we implement our objectives.
To date, we have amended our articles to create convertible preferred, we are in the process of consolidating our affiliate & non affiliate debt, we are going to be filing with FINRA the stock dividend, we are implementing a plan to acquire other private companies, we are going to buy secured debt from non affiliates in other public companies to enhance our investment activities, and now we are going to audit our books. Our investors deserve to see the progress we will be making and they deserve to have it independently verified.
http://www.telecorp.com/2014/01/15/telecorp-inc-announces-new-business-model-to-enhance-its-net-stock-holders-equity-4/
I agree. This is one that can move very quickly. They may get roasted on Monday if a pr comes over the weekend or pre-market monday. Although my expectation is we will hear something between Monday-Wednesday next week.
As mods we cannot remove each other's stickies unfortunately.
I disagree. No massive selling here. Just a few impatient people trying to momentum trade. This company is not about making people rich overnight. They have a strategic plan and appear to know what they are doing. They will update next week, they have to in order to clarify the dividend. People need to relax and have patience if they want to make money here. This is not an overnight machine. OLI* got finra annoucement of divy on a friday. The company confirmed it on following Wednesday. The run didnt begin until monday AFTER they confirmed it. Basically a full week after the actual finra approval. So it takes time ppl!
#39 on Breakout Board. We are still on there. Gotta keep moving up the charts though.
Guys I got admin to put the news in the news section. Hope everyone is happy
No pumpers here. This company is transparent and a lot of information of their plans are out there. You either see the potential or you don't. If you don't, that's all on you.
It looks like those trying to get out had sold into the bid instead. That will likely allow us to move up faster since we have held strong. Blessing in disguise?
True. I've seen this happen too many times to count.
People got impatient and lowered their ASKs
We need a huge slap to take these 13s out
Lol. I was just thinking that. People gotta break up your order. At least be clever about it lol
13s up! I smell fire
So thin on 12s and 13s!
#22 on breakout boards!
Yea in the FINRA pr it says telecorp will follow with further details and OTHER announcements "soon"