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Friday, March 21, 2014 3:32:06 PM
Paul Phillips, CEO of Telecorp Inc, states, ” Filing audited financial statements is absolutely necessary to build investor confidence. It’s another act of transparency on the part of management to ensure that its financial records have been independently verified by a third party PCAOB Auditing Firm. The selection of Malone Bailey LLP as the company’s auditors is a first step in becoming an OTCQB company. Now, that we have a sound Business Development Plan, moving forward, we need to implement and act on the changes we have made. More clarity on the information we have already put out will be made available to stock holders as we implement our objectives.
To date, we have amended our articles to create convertible preferred, we are in the process of consolidating our affiliate & non affiliate debt, we are going to be filing with FINRA the stock dividend, we are implementing a plan to acquire other private companies, we are going to buy secured debt from non affiliates in other public companies to enhance our investment activities, and now we are going to audit our books. Our investors deserve to see the progress we will be making and they deserve to have it independently verified.
http://www.telecorp.com/2014/01/15/telecorp-inc-announces-new-business-model-to-enhance-its-net-stock-holders-equity-4/
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