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Telatinos Inc. Hires New COO and CFO Wednesday March 9, 9:50 am ET Company Clarifies Level 3 Communications Assets
MIAMI, March 9, 2005 (PRIMEZONE) -- Telatinos Inc. (Pink Sheets:TLNO), a Latin American based communication service provider, today announced the Company has recruited Jorge Antillon to serve as interim Chief Executive Officer and Chief Operating Officer. In addition, the Company has recruited Rodrigo Calderon to serve as Chief Financial Officer. Jon Miller continues to serve as President. Simone De Montoya continues to serve as Chief Technology Officer. The new executives are based at Telatinos' new Costa Rica location in Santa Ana, Costa Rica. Summaries of all management will be available from the Company's revised website shortly.
To further clarify the Company's press release of March 1st 2005, and at the request of Level 3 (NasdaqNM:LVLT - News), the Company clarifies it has acquired communication assets and licenses from Ontus Telecommunications Corp. These assets include but are not limited to; the previously mentioned Level 3 Services Agreement, Total Call International Inc., Global Services Agreement and FCC Global Facilities-Based Resale Services, License ITC-214-20020903-00423 E.
About Telatinos Inc.
Telatinos is an emerging Latin American ISP and communications service provider offering full-featured, cost-effective, high-quality local, long distance and international telephone services -- including 911 and E911 -- to both businesses and private residences in Latin America.
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If you look at the history since the last peak, you will see a downtrend that is only disrupted for a day by news. I believe this is another occurance and the downtrend will resume tomorrow.
Not to say there isn't profit opportunity if you are quick, but I don't think this has hit bottom yet.
Note: I was in TLTD last year for one of the stellar rides and I am watching this now to repeat that. My hunch and the technicals tell me the time is not now.
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New PR this morning... _____________________________ Telatinos Inc. Confirms Purchase and Assignment of Total Call International Global Master Services Agreement 09:45 a.m. 03/11/2005 Provided By PrimeZone MIAMI, Mar 11, 2005 (PRIMEZONE via COMTEX) -- Telatinos Inc. (Pink Sheets:TLNO), a Latin American-based communication service provider, today announced the Company's wholly owned subsidiary VoIPlabs Inc. (Nevada) has been assigned the Total Call Intl' Global Master Services Agreement. The financial terms of the assignment are undisclosed at this time. The Total Call Intl' Global Master Service Agreement will enable VoIPlabs Inc. to offer service through a variety of infrastructure carriers, dedicated, domestic & international telecommunications products and services for Voice, Data, Internet and Debit card origination and termination. The Total Call Intl' agreement complements and deepens the service offering the recently acquired Level 3 service agreement (LVLT) .
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I'm getting excited bout this one also.Any Day Now!!! This is goin be huge IMO.Co is waitin as long as they can,& I believe this is it.GLA.
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I can't believe this stock is so cheap. (.04?) - Projected 2005 Revenues are $ 85 million - Less than 40 million shares O/S - Company growing rapidly Do your DD on this one and you'll see what I mean. This could run from about .04 pps to over 1.00 very soon. (The 1st qtr 2005 report coming soon may be the catalyst). IMO, if they make just 10% net on the 85M revs, that'll be over .20/sh earnings (net). The stocks pps should then be 5x eps, 10x, 20x, ???
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