China Voice Holding Corp (fka CHVC)

[runncoach]

magic jack
I saw the infomercial on that a couple weeks ago. Some are happy with that service and some don't like it at all. They hope to steer the caller towards an advertisement and earn revenue from that. I doubt its possible from their prices. I think the business model of voip companies are poor. Yes some are scams, but there's just little chance of ever making a profit unless you own your own network, which voic did. The problem there was management was too involved with the lenders and looking out for their own best interest, certainly not the interests of the shareholders. Between that and technology changing so fast, it's a suckers game in this sector IMO. It's hard to find such a company that doesn't have a billion shares outstanding or has/will undergo multiple reverse splits in order to get the shares to pay the bills. CHVC for example will bump up against the authorized share limit of 200 million at some point, maybe by the end of the year. Then you know what is likely to happen. Big gamble on these types of stocks imo. GLTY