Replies to post #7025 on Exxe Group Inc (AXXA)

[MommaSaid]

Yep. It's starting to smell, I think they keep delaying so they can sell more shares, if they are SO close, why do they keep dumping millions of shares, they could have stopped a couple of weeks ago and let it rise a little. It should have been in the teens now

[pennystockeyes]

TONS OF PENNY STOCKS SHOOT UP 2000% WITH MORE O/S SHARES THAN 3 BILLION . LOOK AT fitx FOR INSTANCE
3 BILLION MIGHT BE ALOT TO YOU, BUT THATS COMMON WHEN YOU ARE AT THE LOW LEVELS

AND IF THE SITUATION HAPPENED WHERE HE SENT YOU AN EMAIL SAYING THERE WAS 2.7 AND THEN THE COMPANY SENDS OUT ANOTHER ONE SAYING 3.7 THEN THEY ARE UPDATING THE SHAREHOLDERS
THAT IS CALLED TRANSPARENCY.
DO SOME READING SO YOU UNDERSTAND WHY THE COMPANY IS DOING WHAT THERE DOING.

HERE YOU GO:
SINCE YOU ONLY KNOW HOW TO WRITE NEGATIVE POSTS AND YOU OBVIOUSLY DO NOT READ ABOUT WHY THE COMPANY IS DOING THE THINGS THEY ARE DOING

January 27th, 2014

New York, NY January 27, 2014 – Telecorp Inc. (OTC Markets: TLNUF), CEO, Paul Phillips, is pleased to announce that pursuant to the OLIE Inc.’s press release on December 23rd, 2013, where Robert Gardner, CEO of OLIE Inc., announced an emphasis in its 2014 Action Plan. In summary, the following:

1) Purchasing Aged Unrelated Party Debt, where the Opportunity Affords
2) Provides corporate advisory services, including corporate restructuring of client issuers;
3) Consolidates compounding derivative liabilities;
4) Issues stock dividends subject to FINRA approval;
5) Retains PCAOB accounting firms to complete audits on pink sheet companies;
6) OLIE Inc. will seek to acquire the issuers & their shareholder base as wholly owned subsidiaries, in exchange for anti-dilutive convertible preferred stock and management appointments.

Telecorp Inc. will act as a Vendor of that Action Plan in order to assist other Distressed Pink Sheet Companies to meet their Disclosure & Reporting Obligations. The Combined Objectives of Telecorp Inc., other Pink Sheet Issuers & OLIE Inc., will allow us to reach more Issuers in the space to consolidate an already distressed & fragmented business. Telecorp Inc. expects to harmonize its efforts to reach as many public companies as possible and anticipates the value added to its balance sheet will be substantial.

Paul Phillips, CEO of Telecorp Inc., states, “We have learned that running a public company on a quotation service requires the right structure, the right equity instruments and proper disclosure. Pink Sheet & OTCQB Companies need money to operate, but can’t while they retain large debt to equity ratios, and don’t properly disclose. The business effectively dies if the public company does not have the proper structure, the collateral on its financial statements, or the ability to become an SEC Filer. There are Alternative ways for Micro Cap Companies to survive, but it requires a different thought process, one that is beholden to creating value on the balance sheet, separate, and not exclusive to the current business initiatives within the public company. Building Collateral in the public company first, issuing convertible preferred stock dividends, pending FINRA Approval, and lowering the debt to equity ratios to encourage equity despite the dilution to the open market, mitigates risks for investors and allows Management to raise funds proficiently as it enhances its Net Stock Holders Equity. It is also obvious that Domestic Pink Sheet Issuers cannot continue to languish on the OTC Markets without becoming Fully Reporting. The first priority is to protect the integrity of the public company, and its stock holders, and that means meeting public company obligations before meeting business obligations.”