This company with only two employees has generated some of the best PR's I've ever seen. Only problem is none of what's been forecast, eluded to, promised or targeted has ever been achieved. Two guys running the company for years. Norman is the CEO now and Steve was the CEO until stepping down some months ago.
OK so tell me, where is the beef? What has this company ever committed to that they have delivered on?
If anyone can show me what the big deal is here, I'd love to know what brings naive people here with their hard earned dollars. Just don't get it. Guess people have to learn the hard way.
FOUND THIS ON A GOOGLE SEARCH:
Everybody's Phone Company (EVPH) - mostly a local phone service provider - has been gathering a little steam over the last few days, but really hit a bull's-eye with today's news.... probably. It's actually hard to say. The company is now involved in a federally-funded telephone program (for low income families), but that in itself doesn't mean revenues will be generated - one of the possibly misconceptions here. It just means EVPH could drive more revenue, which would be nice considering the last projection the company posted was for sales of $750K in 2011. Then again, with a market cap of less than $1 million, a little more revenue could go a long way.
In any case, someone has spent $30K for a one day investor awareness campaign to tout EVPH. That's not chump change for a one-day effort, and leaves one to wonder if more of the same is on the way. (Of course, it also leaves one wondering where the money came from, and why so much was spent to pound the table on this non-reporting pink sheet company).
It may be worth a little due diligence, just to sort through all the news that could ultimately mean new revenue sources. On that note....
Everybody's Phone Company averages about one press release per week, most of which explain the entry into a new revenue bearing market (e.g. loan consolidation, pre-paid utilities), or the entry into a new telecom program that's touted as a way to increase revenue (e.g. affiliate program, government programs). It's been doing do for many months now. Yet, the company doesn't go to anywhere near the same trouble to verify for investors that any of these programs or plans are beefing up the top or bottom line. The last accounting statement available through the company's website is from 2009, which is a huge red flag. Even if it's not technically a reporting company in the SEC's eyes, it can still post unaudited numbers. Why isn't it?
