Replies to post #17656 on US National Telecom (USNL)

[Captain Hindsight]

Not wrong spot on, people claiming that market cap and valuation for pennies means nothing are light years behind and are going to continue to get hurt in this market.


.00001 par value they will keep selling this all the way down to .0001. MM's can buy and sell at .0000 levels. It can get much worse.

Even @ .0006, that's a $2,100,000 market cap, not even close to what this is worth.

RECAP:
NO REVENUE
NO ASSETS
NO OFFICE
NO INVESTOR RELATIONS
NO WORKING PHONE NUMBER
BILLIONS OF SHARES OUTSTANDING WITH a .00001 PAR VALUE
A CEO THAT CAN NOT BE CONTACTED
A WEB SITE THAT LOOKS AS IF IT WAS PUT TOGETHER IN 20 MINUTES

AND ABOUT THE UGLIEST DEATH SPIRAL DILUTION SHELL CHART OUT THERE...




I would not even buy this at .0001


Disclosure: I own zero shares long or short, been pounding the table at much higher levels exposing this SCAM


DON'T INVEST IN USNL UNLESS YOU CAN AFFORD TO LOSE EVERYTHING

[Summitgains]

$USNL

In between these announcements that the share structure has not changed, there have been some who were on ihub telling everyone that the stock was being diluted and yet, every time so far, the company has come out and said just the opposite. Who are we to believe? A mystery person on ihub or the CEO of the company itself?

I have yet to hear any of them apologize for being wrong and making false claims as though they were true and factual.

US National Telecom, Inc. (PINKSHEETS: USNL) announces that the Company has agreed to issue restricted preferred securities in exchange for $140,000 in capital. The shares are not registered with the Securities and Exchange Commission and will hold a restrictive legend for at least 12 months.
The current capitalization of US National Telecom, Inc. is as follows and is unchanged from its previous announcements. As of May 7, 2012, there are currently 3,475,250,391 shares of common stock issued and outstanding of which 3,000,210,033 are restricted and 475,040,358 are free trading.

Before that

The current capitalization of US National Telecom, Inc. is as follows and is unchanged from its previous announcements. As of April 18, 2012 there are currently 3,475,250,391 shares issued and outstanding of which 3,000,210,033 are restricted and 475,040,358 are free trading

CEO Rebecca Guthrie stated, "The effectiveness of this change is a positive step in the right direction. The company has not ruled out further reductions in its authorized common stock. The issued and outstanding remains unchanged and is a concern for many shareholders that the company has issued stock lately but this is not the case. We are in discussions with several real estate management companies that include Remax, Coldwell Banker and Rent Solutions Inc, and we look forward to working with them over the coming months."

Before that one they told us this:

US National Telecom, Inc. (PINKSHEETS: USNL) announces that it has officially restructured its authorized common stock. The Company has reduced its authorized common stock from forty billion authorized to five billion authorized.
The current capitalization of US National Telecom, Inc is as follows: As of March 19, 2012 there are currently 3,475,250,391 shares issued and outstanding of which 3,000,210,033 are restricted and will not be made free trading.