I Disagree 100% with your post -
Quote: "calulate the shareholder equity at the exact same price of .0014 with your new structure of 1/20. Wow, that's a lot less shareholder equity isn't it?"
The PPS changes with the share structure - so the PPS X 20 = 0.028
1,000,000 shares @ 0.0014 = $1,400
50,000 shares @ 0.028 = $1,400
Same thing.........

Regarding shorts and if they are bad for a stock - The jury is still out on that one as many argue that it is healthy for a stock to be shorted as it adds to the bounce as the shorts are covered.

"Never trade on your own Fear or Greed - Trade on OTHERS Fear and Greed"

If the prospect of FLTT doing an R/S (Reverse Split) strikes fear into your heart - Take a look at the set of charts that shows all the pinksheet stocks with available charts on stockcharts.com that had an R/S between Dec 3rd and Dec 14th - This should ease your mind as the only ones with real effect were the stocks that had no further to fall prior to their R/S ie. they were trading @ 0.0001/0.0002 or close to that before they split..........





THRRD was @ 0.0001 and had no further to go prior to R/S




OPGXD was @ 0.0001 and had no further to go prior to R/S





LCRED was @ 0.0001/0.0002 and had no further to go prior to R/S

Only 4 more trading days until Christmas

Annotated Chart

Trapped in the body of a sub .............. lol :)

Awesome food - The Beef was out of this world

Got your Green - Have a great weekend :)

lol - that's the average - But if you look @ the Time & Sales you can see that we have some real small 5K-10K orders bringing that average down

Like I give you 20 nickles or 10 dimes and you give me $1

That's an average of 200K shares per trade, some bigger playah's imo

Up 15% Saweet!

Over 20 Million traded yesterday, someone is buying. The hope is that they are smart traders and will get the ball rolling in the other direction, once they feel they have enough shares.
But like you said this is Penny land nobody really knows what will happen.

Look what happened last time we were down this low....

A bounce into the weekend would be saweeet.

Although the transactions, most of them will originate in the US. I have a strong feeling and will be willing to admit I'm wrong if it is the case, that the revenues will mostly come from the destination countries.
Quote: "Canada, Mexico, India, Central and South America, Gulf Coast Countries, and the Philippines. The Company intends to expand into the U.K., Africa, Sri Lanka, Bangladesh and the Pacific Rim".

The main use of the cards will be for overseas money transfers, I would have my own post removed if I'm wrong about the revenues from fees coming from the overseas banks rather than the domestic banks.

I think but I could be wrong and if I am I will have this post removed; but as far as I know the majority of the revenues from the overseas transactions will come from the overseas banks, so this ruling should not be such a big factor for Flint.

Regarding the ruling.......... I have been hearing about this for months now and don't know why Visa and MC stocks took such a hit from it, I would have figured it was already baked into the cake.

The company is making all the right moves to become a profit making machine next year, not many companies in this price range with as much promise as FLTT imo

I'm going to watch Rocky 1 - That's the one where he kept getting up every time he was knocked down, enjoy your chick flick.........lol

and yes I do get compensated to make positive posts, that is true.
But if you don't own shares, have no intention of ever owning shares and you constantly post negative posts on this board the only conclusion anyone can come to is you(That's a general you) must also be compensated.

A lack of fear mongering posts would help for a start.

Thank you Kings :D

Press Releases are to inform the public about what's happening - I'm paid to do awareness for Flint and I'm not embarrassed to do my job to the best of my ability

Uptick - Letzz Goooooooo

Our man Vince
Mr. Browne added, “The banking relationships are the critical success factor in the India market and Mr.Najeeb and the team in India and here in the U.S. have done a truly remarkable job in developing such strong banking relationships over the past few years. This is a significant competitive advantage. IISS and its banking partners will offer services both within India and to the millions of Non Resident Indians overseas. IISS receives fees for every transaction carried out by users of the services delivering sustainable and resilient recurring revenue streams over many years. At this stage is hard to predict what the outcome for IISS will be but we expect to attract significant numbers over the next few years due to the rapidly growing mobile money transfer segment in India and in conjunction with our banking clients that already have millions of customers that will want these services. We look forward to announcing our first customers and updates on our progress in due course.”

Mohamed Najeeb, Chairman of IISS, is a former Additional Labor Minister for the Government of the State of Kerala, the state in India that provides the most Non Resident Indian (NRI) labor. Mr. Najeeb is also a retired General Manager of NORKA ROOTS, a quasi – governmental public organization that helps all Keralite NRIs. Mr. Najeeb stated, “In 2002, NORKA ROOTS was established to act as the single interface between the State of Kerala and those living overseas. Today, about two thirds of Keralites live outside the state with the majority living aboard. More than 30% of all NRIs living abroad are from the State of Kerala making it the single largest market for overseas money remittances to India. The largest individual remitter markets are the United States and the Gulf Coast Countries, where 40% of the 5 million NRIs are from Kerala. We work target these markets with our Indian banking partners to provide Card-to-Card and Mobile Remittance Services in the least costly and most effective way for NRIs to bank and remit money home to their families.”

$55 Billion!!!!!!!!!!!!! Wowza!

"India is the world's largest recipient of remittances. Remittances grew from $49.6 billion in 2009 to $55 billion in 2010, an 11% increase and nearly twice as fast as the world average according to the World Bank's latest Migration and Remittances Factbook 2011. IE Market Research Corp, a market intelligence and business strategy consulting firm, sees Mobile Money Transfers reaching $148.5 billion in 2014 for a CAGR of 86.2% in its latest Global Consumer Telecommunications Survey."

For the past 3 years, IISS has been working with several banks in India to approve and implement these Card-to-Card and Mobile Remittance Services. One of these banks has already secured approval for their program from the Reserve Bank of India - the central bank of India responsible for regulating all Indian banking – clearing the way for launch of services. Compliance is clearly a major issue to guard against money laundering and other fraudulent activities. The IISS Card-to-Card and Mobile Remittance Services are fully compliant with the guidelines laid down by the Reserve Bank of India

"The First stage"? - What else do they have in store for us??

The first stage of this program allows customers in India to have their domestic bank accounts and debit cards linked with cards issued by IISS to Indians working abroad. Those users can then simply remit funds to family members at home at any time, either by loading funds onto their card by ACH or even direct from their phone by using their Flint Telecom cell phone. Unlike traditional remittance programs family members will have access to the funds immediately at a fraction of the normal cost. The receiver can simply withdraw the funds from a bank’s ATM network as required.

FLINT TELECOM’S INDIA SUBSIDIARY GEARS UP FOR GROWTH IN THE $55 BILLION INDIAN REMITTANCE MARKET.

OVERLAND PARK, KANSAS — December 14, 2010 — Flint Telecom Group, Inc. (www.flinttelecomgroup.com) (OTC.BB:FLTT): today announces that its Indian subsidiary Ingedigit India Software Services Ltd., (‘IISS”), located in Chennai India, is expected to commence issuing prepaid debit cards and remittance services to Indian banks and their customers as early as next quarter.

Absolutely! and I will be here through thick and thin and can't wait to see you all weeeeeeeeeing to your hearts delight :D

It didn't tank until 2 years later - and you didn't get involved until October of this year, so you can't take credit for that decline......lol

You're right my chart is wrong - But there was no great big drop due to the R/S and the PPS did spike after that - The point was that the R/S was not a factor.

I don't need to suggest it - The progress they have shown since Vincent joined the company speaks for itself - Reducing debt while positioning the company to achieve greater income. It shows in the financial reports and the Press Releases are for real.

There are other reasons for doing an R/S - Loan companies with better rates often have PPS requirements - Hence why the companies do them.

They were at a point where they couldn't fall any further, Quad 1-2 - The R/S on LGTT gave them the ability to sink lower

I agree a share buyback is a better option but unfortunately the companies don't always have the money to buy them back - and when they just do it half azzed they get accused of stock manipulation.

It was months after the R/S when Semotus Solutions (the old company) did a 20:1 until we saw a decline in PPS

Thank you for that - Chart to follow.......

I do have an example for you on your earlier question - TTDZD

and now we just hit 0.0017 saweet