Nice news!! "President of Paradise Capital Group, Jason DeOliveira, commented "PhoneBrasil has the capabilities to become one of the next Latin American telecommunications conglomerate like Telefonica (NYSE: TEF), Brasil Telecom Participacoes S/A (NYSE: BRP), Brasil Telecom S.A. (NYSE: BTM), American Movil (NYSE: AMX), Telefonos de Mexico (NYSE: TMX), Telefonica Chile (NYSE: CTC) in the years to come. We look to provide the ideal solution to PHBR via processes and technologies to best manage, protect and optimize PhoneBrasil's biggest asset, their data. We feel with an additional injection of capital PhoneBrasil will be capable of executing multiple projects in order to produce immediate revenues & positive cash flow, and accomplish their short term goals to initiate their wireless presence across the globe."