May be trading full time again SOON!
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.
Looks like they threw away the key o nhim. In for awhile!
More likely related to Sandy Winick! Picked up 80K more shares on the selloff.
CHTL to report after the bell with conference call 30 minutes after the bell. PLACE YOUR BETS!
CHTL to report after the bell with conference call 30 minutes after the bell. PLACE YOUR BETS!
Look out below!!!
Market now experiencing a Slow Motion Crash:
http://www.minyanville.com/businessmarkets/articles/economy-markets-dow-jones-industrial-average/7/12/2010/id/29120/from/yahoo
.0001 right around the corner
Or should I have sold Sold my BSTN and Bought LOSA?
Sold my CLTC this week and bought more LAKR.
Another Connolly special. Look who owns Corporate Srategies. I encourage EVERYONE to call Connolly's talk radio show tomorrow morning and demand ANSWERS!
http://www.winningstrategies.net/business-talk-radio-show.php
Also if you run a blog BLOG ALL of this and his connections to other worthless pennies and subpennies!
What bags? They didnt exist in the first place!
Interesting Share numbers:
Avg Vol (3 month)3: 1,489,320
Avg Vol (10 day)3: 797,714
Shares Outstanding5: 289.76M
Float: 148.20M
% Held by Insiders1: 40.54%
LAKERS IN 3 over the CELTICS!!!
SO...Today is the first time I have read those lawsuit files. Been busy with other things other than stock trading the last few years (like a normal job!). I see Sandy has hooked up with Andrea. If that is the case and the authorities are looking for Sandy and Andrea I'll bet I know where to find them.
LOL. never happen. You need to be a HUGE company with megamillion network to bill through the carriers.
Rule #2 Buy CHTL!
Tim Connolly
show us your DD on the aliases
They usually file 30 days late on insider trades.
not sure why it slid but it recovered nicely today.
Phil always looks like that. Its his MO.
I can' believe the NBA is wasting my time. I have to sit through 7 more games before I see my Lakers get another ring. Why don't they just skip the formalities (next 7 games) and give them there rings now so we can all watch the Dodgers prepare for anothe penant race?
It's called MAJOR dilution. Typical Connolly stock. Fr teh last several days the volume EACH AY has equaled the entire float. Assuming the latest Q numbers are correct (6 million float) then the only answer is dilution.
CHTL HUGE BIDS NOW!! GONNA BLOW!!
CHTL HUGE BIDS NOW!! GONNA BLOW!!
CHTL analysis: $7-$8 a share
Read NBT's analysis here:
http://www.facebook.com/notes.php?id=323244170877#!/ChinaTelGroup
"Our $7-8 value on CHTL’s 49% share of ChinaComm Network will undoubtedly go higher as we get the updated pro-forma numbers on 12 city and full 29 city deployments. With audit on CECT-ChinaComm Ltd. Complete, the two Chinese subsidiaries capitalized, CHTL will report ChinaComm Network revenues in their Q2 2010 financial reports."
Read NBT's analysis here:
http://www.facebook.com/notes.php?id=323244170877#!/ChinaTelGroup
AND revenues will be reported THIS QUARTER!
Yes it is!!! GREAT PICS!!! WHERE DID YOU GET THOSE????
You may want to check out their new website before you make any further comments.
I'm buying CHTL bigtime!
they've been supporting the bid on CHTL for quite a few days now. I've never seen them before.
I dont have time to look but did that MM make a big difference?
Ouch....Sorry.. i don't see any recovery here. An R/S wouldn't he either. Look to me like a perfect candidate for bankruptcy and dissolution.
Lakers vs Magic in the finals. You heard it here first!
$8.00+ by Christmas this year. A no brainer. Check out the new website and pricing structure.
They are.
CHTL NEW WEBSITE! NEW PR! HUNDRED OF MILLIONS IN NEW FUNDING!!
ChinaTel Consummates an Amended and Restated Stock Purchase Agreement With Isaac and an Extension of Its Promissory Note
http://www.chinatelgroup.com/
.Companies:China Tel Group Inc..Press Release Source: ChinaTel Group, Inc. On Wednesday May 12, 2010, 8:00 am EDT
SAN DIEGO, May 12 /PRNewswire-FirstCall/ -- China Tel Group, Inc. (ChinaTel) (OTC Bulletin Board:CHTL.ob - News), a provider of high speed wireless broadband and telecommunications infrastructure engineering and construction services, today announced it has entered into an Amended and Restated Stock Purchase Agreement (SPA) with Isaac Organization, Inc. (Isaac) for up to $640 million in stock and warrants. The SPA provides that ChinaTel will sell up to 49% of its Series A common stock in installment payments from Isaac of up to $15 million or more per month through December 2011, aggregating up to $320 million, including the $11 million already paid, and receive up to $320 million more should Isaac exercise its warrants received in consideration for the full payment of the purchase price for the Series A common stock. ChinaTel will control the flow of investment by making regular funding requests to meet its deployment needs. Once Isaac has invested $205 million, ChinaTel has the unilateral right to cease making funding requests if it determines it is in its best interests.
ChinaTel also announced it has secured an extension of the maturity date of its $191 million promissory note to Trussnet Capital Partners (HK), Ltd. (TCP) until December 31, 2011.
ChinaTel's CEO, George Alvarez, explained: "The two contracts now better compliment each other. Isaac is comfortable knowing ChinaTel will have the resources to repay its promissory note to Trussnet Capital Partners (HK) Ltd. in a timely manner."
"We are extremely excited about finally completing a defined roadmap to ensure that we reach our destination. With Isaac as our financial partner and working as a team, we are now focused and will be able to deploy the most extensive wireless broadband network in the world," exclaimed Colin Tay, the President of ChinaTel.
About China Tel Group, Inc.
China Tel Group, Inc. (ChinaTel), through its controlled subsidiaries, provides fixed telephony, conventional long distance, high-speed wireless broadband and telecommunications infrastructure engineering and construction services. ChinaTel is presently building, operating and deploying networks in Asia and South America: a 3.5GHz wireless broadband system in 29 cities across the People's Republic of China (PRC) with and for CECT-Chinacomm Communications Co., Ltd., a PRC company that holds a license to build the high speed wireless broadband system; and a 2.5GHz wireless broadband system in cities across Peru with and for Perusat, S.A., a Peruvian company that holds a license to build high speed wireless broadband systems. ChinaTel's vision remains clear: (i) to acquire and operate wireless broadband networks in key markets throughout the world; (ii) to deliver a new world of communications; and (iii) and invest in building long-lasting relationships with customers and partners to lead the broadband industry in customer service and responsiveness. Our strategy is to build leading-edge IP-leveraged solutions advanced by our worldwide infrastructure and leadership in emerging markets. http://chinatelgroup.com/
About Isaac Organization
Isaac Organization, Inc. (Isaac) is a leading global private investment firm, with approximately $5 billion worth of projects under management across a family of funds. Isaac invests in companies across a broad range of geographies, including the United States, Canada, China, Taiwan and South Korea. Guided by a thorough approach to due diligence execution, research and market analysis, Isaac has found one financial truth to be inviolate: growth and real wealth happens over time and scrupulous due diligence. Isaac's various funds invest in commercial real estate buildings leased by several agencies of the United States federal government, as well as by hospitals, medical clinics and other industries, including technology, telecommunications and entertainment companies. Isaac is also involved in urban development projects in Asia.
Safe Harbor Statement
This press release contains forward-looking statements that involve risks and uncertainties. Actual results, events and performances could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results, expressed or implied, to differ materially from expected results. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making an investment decision.
Contacts:
Retail Investors
Tim Matula
ChinaTel Group, Inc.
Investor Relations
(Toll Free) 1-877-260-9170
investors@chinatelgroup.com