Replies to post #38150 on Metrospaces Inc (MSPC)

[DD_dempsey]

MUST SEE $MSPC DD FROM THE 2017 ANNUAL FILING


ProTrader - as I was reading the filings released yesterday - what a Mother’s day surprise ... both the 2016 and 2017 annual filings and disclosures were very very revealing.

However - MONSTER SIGNIFICANT AND CONFIRMING NEWS- is actually written in the FILINGS CONFIRMING DEAL WOTH VODAFONE !!

Read Note 16- from 2017 annual filing - https://backend.otcmarkets.com/otcapi/company/financial-report/193069/content


Note 16 – Subsequent Events
Subsequent to December 31, 2017, the Company issued 2,293,844,645 shares of common stock upon the conversion of $84,439 of principal amount of convertible promissory notes and $27,335 of interest accrued thereon. However, management cancelled a total of 1,599,200,000 of restricted management shares for a net increase of 694,644,645. Total issued shares as of March 24, 2018 was 5,064,358,841. The 1,599,200,000 shares cancelled were compensation common shares issued to management as per Note 15.
On March 14, 2018 Mr. Oscar Brito was appointed President and Interim-CFO.

In March 2018, Etelix executed a network interconnection contract with Vodafone India. This contract gives Etelix access to the 212 million subscribers of Vodafone in India, which complement that Etelix contracts already had in India, as Airtel (386 Million subscribers), Reliance Communication (33 Million subscribers), and TATA Communications, will allow an Etelix to position itself as one of the most important players in the Indian Subcontinent (India, Pakistan, Bangladesh, Nepal), having access to 650 million subscribers directly.

The Vodafone India contract is of strategic importance for Etelix, since Vodafone India is part of Vodafone Group, it is the second largest operator worldwide with the most subscribers (470 Million Subscribers), only exceeded by China Mobile. The Vodafone group serves in 26 countries across 4 continents in Asia, Africa, Europe and Oceania.

Etelix's contract with Vodafone India, allows the reciprocal commercial exchange between Etelix and Vodafone India, for voice services as international long distance and international roaming calls, allowing both companies benefit from mutual international connectivity, Etelix offering their access in America, and Vodafone India in Asia. This contract also serves as a preamble to new mutual business in the future, and is an important opportunity to grow for Etelix.