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Re: $treet Trader post# 28867

Saturday, 09/15/2012 12:22:09 AM

Saturday, September 15, 2012 12:22:09 AM

Post# of 386328
FLTT(.0008) $2 million profit, Detail DD with links

1) Flint Telecom Group Inc.(FLTT) is a telecoms technology organization. Flint Telecom focuses on the following 2 Business Segments:

Cable & Voice Corporation: Modem, cable and other telecom equipment supplies to leading cable and rural telecom operators in the United States.

Prepaid Telecom Services: The Provision and Distribution of 'Integrated' prepaid calling and cellular products in the United States and Internationally.

http://www.flinttelecomgroup.com

http://www.flinttelecomgroup.com/index.php?page=subsidiaries_190239

2) FLTT currently has two operating companies, Cable and Voice Corporation, that distributes cables and modem equipment primarily to cable operators and other operators in the U.S., and Flint Prepaid, Inc, that is planned to grow organically in the prepaid telecom services area without the need for additional capital. These businesses are operationally self sufficient on a day-to-day basis and primarily reflect the operating profit of $177,928 reported in the quarter ended March 31, 2012.

http://www.flinttelecomgroup.com/index.php?page=pressrelease&action=view&pressrelease_id=66

3) Deloitte ranked number 78 FLTT within 500 tech companies

Flint Telecom ranked number 78 on Technology Fast 500TM, Deloitte's ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.

http://www.flinttelecomgroup.com/index.php?page=home

4) FLTT~~ Strategic Partners

http://www.cableandvoicecorp.com/store/aboutus_partners.asp


5) Cable and Voice Corporation is a leading value-added master distributor of advanced broadband products and services to Cable, Telecommunications, Enterprise, , and Service Provider customers throughout the world.

For over 9 years Cable and Voice Corporation's staff, has provided technical expertise and advise, fast service and competitive prices on quality broadband, VoIP and wireless products. The Company offers a wide range of products and services which includecable modems, cables, UPS units, AV Powerline and Homeplug adapters, Wi-Fi and cellular wireless hardware and software applications, Intelligent Telephone Adapters (ITA) and IP Telephones for VoIP services and other customer premise equipment. Cable and Voice Corporation also offers white label digital voice services to its customer base that are provided by another Flint subsidiary, Digital Phone Solutions, Inc.
The Company's customers include many of the top 10 largest cable operators, as well as regional and local providers. The Company was awarded one of the first Platinum Vendor designations for the National Cable Television Cooperative (NCTC), which gives the Company unique access to more than 1,000 independent cable companies with over 15 million subscribers throughout the United States.

http://www.flinttelecomgroup.com/index.php?page=cable__voice_corporation


6) FLTT Revenue 3.6 million dollars at q3

http://www.otcmarkets.com/financialReportViewer?symbol=FLTT&id=83126


7) FLTT reported a net profit of $2,036,925 for the three months ended March 31, 2012

PAGE 27

http://www.otcmarkets.com/financialReportViewer?symbol=FLTT&id=83126

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8) FLTT 11 million dollars coming

Flint sold all of the stock of the Targets owned by Flint in exchange for a potential maximum of $11,000,000 in deferred cash payments, to be paid over a period of five years and contingent on future revenues earned by the Targets. The payments shall be made in the form of a revenue share based on actual customer usage and include a minimum total of $2,440,000 in cash, to be paid through minimum monthly payments of $40,000 payable from month 14 to month 29 and minimum monthly payments of $60,000 payable from month 30 to month 60. This total consideration is subject to a number of third party deductions, as follows and in accordance with an escrow agreement by and among Flint and Flint’s secured lender, Thermo Credit LLC: $2,000,000 must be used to repay Flint’s outstanding secured loan issued from Thermo Credit, LLC; $3,000,000 shall be set aside and paid to Flint’s Series H Convertible Preferred Stock Holders in exchange for the return of the Series H Preferred Shares, at the Preferred Holder’s option and pursuant to a settlement agreement, and $1,000,000 must be used to repay certain accrued payroll liabilities of the Targets. The foregoing descriptions of the Share Purchase Agreement, the Escrow Agreement and the Settlement Agreement are qualified in their entirety by reference to the full text of the Share Purchase Agreement, the First Amendment to the Share Purchase Agreement, the Escrow Agreement and the Settlement Agreement, which are attached to Flint’s Supplemental Information Filing dated March 21, 2012 as Exhibits 2.1, 2.2, 2.3 and 2.4, and are incorporated herein by reference.
The company recorded a gain of $1,103,554 on the disposal of the above companies for the three and nine months

page 14

http://www.otcmarkets.com/financialReportViewer?symbol=FLTT&id=83126

9)~~~~~~~~~~ FLTT SHARE STRUCTURE ~~~~~~~~~

Number of Shares Authorized (A/S) 900 million

Number of Shares Outstanding (O/S) 768 million

Freely Tradable Shares (Float) 766 million

http://www.otcmarkets.com/financialReportViewer?symbol=FLTT&id=83126

10) SHAREHOLDER LETTER (June 05, 2012): SHARES WILL NOT INCREASE, NO REVERSE SPLIT

Management currently has no plans to ask shareholders to increase the authorized shares or effect a reverse split of the shares.

http://www.flinttelecomgroup.com/index.php?page=pressrelease&action=view&pressrelease_id=66

The company waiting 11 million dollars and 2 million dollars profit. Shares will not increase and the company will not make reverse split. For me it is very undervalued.

Read, Check All the links and make your opinion.


~Blue~

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