TLLE had a nice day as it closed up 207% to $0.40 on 494,151 shares traded, most of which came in the last few hours of the day.
I expect this upward trend to continue and here are a few reasons why:
TLLE began the week trading at a total market capitalization of approximately $6 million at a time when current market data (which is broken down for you on TheCapitalReport.com) suggests its shares easily represent a market value of at least ten times that amount.
TLLE was previously listed on the AMEX and at one time traded at much higher levels.
After some delays with filings, the Company lost its listing status and investors lost interest.
Now, TLLE is working aggressively to complete its prior period audits and bring all of its SEC filings current - the recently filed 10-K providing direct evidence of this. This could pave the way for the possibility of a NASDAQ Small-Cap listing or relisting on the AMEX in the near future.
The recent 10-K showed TLLE had net revenues of $56,244,000 for fiscal 2007! Quite a find for a virtually unknown company on the listed on the Pinksheets!
As the "street" begins to realize what a value play TLLE represents, many new investors will take a good look.
As larger strategic buyers become more aware of the Company's subscriber base and current low valuation, an outright acquisition of the Company may become a very real possibility.
With today's gains and word beginning to spread, this could just be the beginning of the rebirth of TLLE.
I have posted a profile of TLLE on TheCapitalReport.com.
You may also visit Teletouch.com for more information.
Stay tuned for updates, as I will keep you informed with new developments.
Thank you for your valued time, and tell a friend about TheCapitalReport.com!
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Sincerely,
WILD BILL
TheCapitalReport.com
This report is for information purposes only, and is neither a solicitation or recommendation to buy nor an offer to sell securities. TheCapitalReport.com is not a registered investment advisor. TheCapitalReport.com is not a broker-dealer. Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. TheCapitalReport.com accepts no liability for any losses arising from an investor's reliance on the use of this material. TheCapitalReport.com has been contracted to receive $100,000.00 by a third party (ICG) for coverage of TLLE. TheCapitalReport.com and its affiliates or officers have purchased and sold and will purchase and sell shares of common stock of TLLE, in the open market at any time without notice. TheCapitalReport.com will not update its purchases and sales of TLLE in any future postings on TheCapitalReport.com. Certain information included herein is forward-looking within the context of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. The words "may", "would," "will," "expect," "estimate," "anticipate," "believe," "intend," " project," and similar expressions and variations thereof are intended to identify for ward-looking statements. Such forward- looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. *TheCapitalReport.com does not set price targets on securities
