Pareteum Corporation (fka TEUM)

[n3m3sis]

Letter from Our Chairman

We have also experienced financial improvements during January. Our balance sheet reflects materially significant positive changes, notably, with our cash balance standing at $15.6 million on January 31, 2018. This was made possible by:

Our improved business operations resulting in nearing zero operating cash burn;
Our NYSE American: TEUM price per share increased, which in turn, prompted voluntary exercising of warrants and cash into the company;
We fully paid our senior secured loan, eliminating secured debt from our balance sheet and its corresponding interest and principle payments;
We are proud to be debt-free with substantial cash to operate and grow our business. We are putting these dollars to work throughout 2018 (and beyond) in a manner that we believe will yield the maximum shareholder value to TEUM through:

Profitable Sales growth
Product and services development, with a detailed build or buy analysis applied

Now thats what I call management!!

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