Asia Telecom Announces Joint Venture in Central Asia
Market Wire "US Press Releases "
NEW YORK, NY -- (MARKET WIRE) -- 01/08/07 -- Asia Telecom Ltd. (PINKSHEETS: ATLJ) is proud to announce that its operating subsidiary has completed a joint venture with BAK Telecom, the largest telecom company in Azerbaijan that provides calling cards for long distance.
It is estimated that the joint venture should see operating revenues of US $30,000,000 in the first year of operation.
About Asia Telecom Ltd.
Asia Telecom Ltd. intends to become a VoIP telecommunications company with a strategic focus on establishing and maintaining operations in Central Asia and Eastern Europe.
Safe Harbor Statement
The preceding includes forward-looking statements, which involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. Any forward-looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all 'other risks' associated with business.
Contact: Asia Telecom Ltd. Mike Palmer Tel: (646) 415-8549 Email: Email Contact
Posted by Homersbud on :
Been in since 1st thing this morning at 016 and even bought more at 035.
OS only 30 mil!!!
Posted by atleast on :
.014 x .016 needs volume
Posted by Homersbud on :
Geez, what a POS! Company dumping shares into the news?
Posted by atleast on :
ouch... .009 x .01 dilution into news?
Posted by Homersbud on :
Such bs that companies can do this type of crap. Pump their crappy news, then dump loads of shares. Reminds me of GHTI....
0075x0085 from a high of 035 earlier. How pathetic. Wouldn't be surprised if we hit 001 today at this rate...
Posted by atleast on :
.007(3) x .008(1) looks like support at .007 - could be artificial hope they are out of supplies
Posted by Homersbud on :
quote:Originally posted by atleast: .007(3) x .008(1) looks like support at .007 - could be artificial hope they are out of supplies
Nope, company was still dumping and continues into the close...It's a shame we didn't close at LOD of 004, but 0045 is just as bad from a high of 035!!!
These fawkin crooks should just be taken out back and get the sh!t kicked outta them. So sad....
Posted by atleast on :
quote:Originally posted by Homersbud:
quote:Originally posted by atleast: .007(3) x .008(1) looks like support at .007 - could be artificial hope they are out of supplies
Nope, company was still dumping and continues into the close...It's a shame we didn't close at LOD of 004, but 0045 is just as bad from a high of 035!!!
These fawkin crooks should just be taken out back and get the sh!t kicked outta them. So sad....
Yep… Volume should continue 2morrow – try to flip this POS. Lets hope this is not GHTI type of scam Posted by atleast on :
Haha, I sent them about 4 emails. I don't expect a reply with 3 of them as I wasn't very nice, but the 4th one was very professional (all different email addresses too). Will post if I hear anything either...
Posted by atleast on :
.005(2) x .0055 volume is dried, hopefully this pig stops diluting should go with buying pressure
Posted by atleast on :
.0035 x .0045 bidwhakers or who knows... Homersbud, are you still in?
Posted by atleast on :
total POS... I'm out - should go up now Posted by Homersbud on :
quote:Originally posted by atleast: .0035 x .0045 bidwhakers or who knows... Homersbud, are you still in?
Ya man, I'm still in. I'm officially a bagholder. I paid $700 for 20k at 035...that 20k is worth $70 today. No point in selling for $70.
I took this POS off my streamer and don't expect anything from it now...damn
Posted by atleast on :
gl
Posted by Homersbud on :
hahaha, thanks dude! I'm gonna need it!
Posted by Danny12345 on :
got some yesterday because it's looking good here for me. GLTA
Posted by Mr. Itchy on :
It bounced pretty hard today. Watching it for a repeat tomorrow.
Posted by Homersbud on :
It did bounce nicely, but then it tanked again!! I won't even play the bounce because this stock is just that bad...but if you make money, awesome!!
High of 005, close of 0012...how sad.
Posted by atleast on :
Asia Telecom Announces Results of Operating Subsidiary
Market Wire "US Press Releases "
NEW YORK, NY -- (MARKET WIRE) -- 01/19/07 -- Asia Telecom Ltd. (PINKSHEETS: ATLJ) is proud to announce Q4-2006 results for its operating subsidiary in Azerbaijan.
The Company has increased the amount of traffic passing through its VoIP channels in Azerbaijan to 8,500,000 minutes per month. This traffic has translated into Q4-2006 revenues of approximately US$2,500,000.
The Company plans to increase VoIP traffic to 10,000,000 minutes per month by the end Q1-2007. This should lead to Annual revenues exceeding US$12,000,000 by the end of 2007.
CEO Ayaz Karimov stated, "These results position our company to become the second largest operator in the market for long-distance communication in Azerbaijan in terms of volume of incoming and outgoing VoIP traffic after Rostelecom."
About Asia Telecom Ltd.
Asia Telecom, Ltd. intends to become a VOIP telecommunications company with a strategic focus on establishing and maintaining operations in Central Asia and Eastern Europe.
Safe Harbor Statement
The preceding includes forward-looking statements, which involve known and unknown risks, and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. Any forward-looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all "other risks" associated with business.
CONTACT:
Asia Telecom, Ltd. Mike Palmer Tel: (646) 415-8549 Email: Email Contact
Posted by Homersbud on :
I wonder how many shares the company will dump on this news???
Posted by THE DUKE on :
Man what is the deal on this co. It was at .019 at the begining of Jan. With this news we should be way above .0050. I hope the report of revenue is true.Q4 (2006) $12mil. What are they dumping for !! I hope it is just profit taking then up after lunch. Posted by Homersbud on :
quote:Originally posted by THE DUKE: Man what is the deal on this co. It was at .019 at the begining of Jan. With this news we should be way above .0050. I hope the report of revenue is true.Q4 (2006) $12mil. What are they dumping for !! I hope it is just profit taking then up after lunch.
Its the company dumping new shares into the market. Stay away!! Don't become a bagholder like me!! Take your profits and move on!!
Posted by THE DUKE on :
What profit. in the low 20's . I got to get something out of these people. I hope not to much more dilution Posted by Homersbud on :
quote:Originally posted by THE DUKE: What profit. in the low 20's . I got to get something out of these people. I hope not to much more dilution
You a bagholder too? Haha, join the club! Good luck getting anything from the company. They don't care for us shareholders! They give us garbage news and dump loads of shares to fill their pockets...these sick fawkers, I hate em!
PS: I bet we close red!!
Posted by THE DUKE on :
Thanks alot Homer. Can't say i am glad to be in this club. it really stinks. can i get a refund huh? Posted by Homersbud on :
Amazing this stock closed up 75%!
Posted by THE DUKE on :
Well we did't close red. does anybody think we go up on monday or not? Posted by Homersbud on :
quote:Originally posted by THE DUKE: Well we did't close red. does anybody think we go up on monday or not?
It's too hard to tell when the company dumps new shares into the market. Anything can happen. I hope we move up and eventually get up to 035, but it'll take a miracle for that to happen...lol
We need luck Duke!
Posted by THE DUKE on :
Asia telecom big numbers. Will gap on Monday. Repeat from last week on opening gap. Hopefully will hold uptick after opening bell Posted by THE DUKE on :
Asia telecom should move up big time today(imo)
Posted by THE DUKE on :
Running. Pennyland coming soon(imo) Posted by Homersbud on :
quote:Originally posted by THE DUKE: Running. Pennyland coming soon(imo)
Woohoo!! Now we just need to get to 035 and I'll be happy!!
Hope you took profits Duke!
Posted by Homersbud on :
This POS is actually looking promising! Let's just hope that loser Mike (CEO) is done dumping his shares and we can get back into pennies...
0033x004 1x3
Posted by THE DUKE on :
Hey homer, if you get time tell me what you think about CBAY. This stock should be aleast .18 right now with the news today
Posted by Homersbud on :
Pathetic. High of 0045 earlier this morning.
002x0021 2x1
Posted by THE DUKE on :
we will be over a penny tomorrow.(imo) Posted by Homersbud on :
quote:Originally posted by THE DUKE: we will be over a penny tomorrow.(imo)
Not when that jagoff Mike (CEO) is still dumping...it's so annoying. Why do companies dump shares when they are supposedly making $30 mil in Revs?
Posted by THE DUKE on :
those mm's are something else. How do you take over 70% gain into the red on $9 and $20 trades? Posted by Homersbud on :
Crazy, I know, but the Company has a lot to do with it!
Did you see that 10mm dump at 0018? Just makes you go hmmm...but boy do I ever wish we could move into the pennies...
Posted by THE DUKE on :
Man I wish I had that kind of control over stocks. unbelievable!! Posted by Homersbud on :
quote:Originally posted by THE DUKE: Man I wish I had that kind of control over stocks. unbelievable!!
Hahaha, we all do!
Decent close for this POS, but overall another sh!tty day
Posted by THE DUKE on :
ATLJ due for a bounce , if they stop dumping shares!!! Make me happy
Posted by dollar13 on :
0.0034 wow
Posted by Homersbud on :
quote:Originally posted by dollar13: 0.0034 wow
It'll tank at EOD like it always does.
Come on you POS, prove me wrong!
Posted by atleast on :
shakerzzz & co are in - watch for the dump soon
Posted by tmanfromtexas on :
Maybe he can shake to about 5 or so. lol. TMAN...
Posted by a surfer on :
don't get greedy fellas...
when that group sells it will drop like.....well I was gonna say something dirty but you know what I mean...LOL
Posted by THE DUKE on :
This is not bashing. You guys better run away on this stock. Here comes the dump big time.(imo) Posted by dollar13 on :
didn't tank yesterday, maybe today LOL
UP 150%
Posted by dollar13 on :
quote:Originally posted by Homersbud:
quote:Originally posted by dollar13: 0.0034 wow
It'll tank at EOD like it always does.
Come on you POS, prove me wrong!
LMAO THERE IS THE PROOF Posted by a surfer on :
jeez. if it breaks .01 lookout!!!
Posted by dollar13 on :
I THINK WE GOING OVER 0.01 , THE NEXT HOUR
JMO
Posted by dollar13 on :
0.013 PRINTING
Posted by cautionupahead on :
Stock is going crazy now, will see multi pennies soon!!!Look at some info a poster on Ihub came up with:
posted by Art2Gecko: post#581 SOME AMAZING NUMBERS - chart >> Indicators pointing north. 100MM authorized confirmed with TA just yesterday..
So, taking into acount a 100MM share maximum (OS could be much smaller, last reported at 30MM) and $42,000,000 in projected revenues we could have the following conservative estimates using industry standard metrics for foreign telecom services:
http://biz.yahoo.com/ic/845.html Industry Statistics Market Capitalization: 461B Price / Earnings: 10.9 Price / Book: 10.3 Net Profit Margin (mrq): 9.5% Price To Free Cash Flow (mrq): 306.1 Return on Equity: 21.6% Total Debt / Equity: 2.7 Dividend Yield: 2.6%
So, considering $42,000,000 revenues x .095 industry avg profit margin = $3,990,000 earnings x 10.9 industry average P/E ratio = $43,491,000 Market capitalization.
So using conservative industry averages, given these projected revenues, a $43,491,000 market cap is not out of the question.
Now, we know ATLJ has a minimum of 30MM shares outstanding (last reported number) and a maximum of 100MM shares (confirmed authorized yesterday)
Market cap ---------- potential shares OS -------- projected pps $43,491,000 ---------- 100,000,000 ---------------- $0.43 $43,491,000 ---------- 30,000,000 ---------------- $1.45
CURRENT PPS of .0032 gives us a current Market Cap of $96,000 to $320,000 (based on 30MM OS to 100MM OS) LOTS OF ROOM for movement north, based on the above information.
Posted by dollar13 on :
0.014 .........
Posted by dollar13 on :
.015
Posted by dollar13 on :
DIP TO 0.0115, COMING BACK UP NOW
Posted by tompom on :
this is fun!
Posted by dollar13 on :
0.016 ALMOST GONE
Posted by dollar13 on :
0.018 PRINTING
Posted by tompom on :
i locked my profit here but i´m not done here yet
Posted by dollar13 on :
MMs going after the trailing stop orders like the one i had.
Posted by dollar13 on :
it was a nice little run
LOL
Posted by Homersbud on :
Wow, just gotta outta a crappy meeting and saw this...weeeeeeeeeee!
Posted by a surfer on :
Might bounce again...
Posted by Homersbud on :
I can't believe this POS is above 01..amazing, truly is!
Come on, let's get back up to 035!!
Posted by dollar13 on :
quote:Originally posted by a surfer: Might bounce again...
i agree
Posted by dollar13 on :
quote:Originally posted by Homersbud: I can't believe this POS is above 01..amazing, truly is!
Come on, let's get back up to 035!!
don't kick your self LOL Posted by Homersbud on :
Ok, I'm finally out of this POS at 013 from 035, so the loss wasn't that bad...woohoo!!
Congrates to whoever bought in the past few days and sold on this run...nice money was made!
Posted by a surfer on :
this thing just won't give up...
God I blew it earlier with this....
Posted by Homersbud on :
quote:Originally posted by a surfer: this thing just won't give up...
God I blew it earlier with this....
Haha, what price did you sell at? It's hard to know wtf to do when the company has a history of dumping...Just take your profits and move on!
Posted by a surfer on :
Again its gapping ..??? WTF
Posted by cautionupahead on :
There's no history of dumping, it's a new company from a Oct.IMO
Posted by dollar13 on :
Let's move this baby over the 0.02's
Posted by dollar13 on :
Asia Telecom Announces Project Update Monday January 29, 9:00 am ET
NEW YORK, NY--(MARKET WIRE)--Jan 29, 2007 -- Asia Telecom Ltd. (Other OTC:ATLJ.PK - News) is proud to announce an update on one of its many ongoing projects in Azerbaijan.
The Internet service provider (ISP) division of Asia Telecom Ltd. commenced operations in June 2005. It is a provider of dial-up and ADSL services in the territory of Azerbaijan. This division today manages at least 18% of the dial-up market in Azerbaijan and recently began providing ADSL (Broadband) services in Q4 of 2006.
In Q4 2006, the ISP division began the construction of its own data transmission network and placement of DSLAM equipment for the assignment ADSL (Broadband) services in Baku city, Azerbaijan. As of the end of Q4 - 2006, the company has laid a significant portion of the planned 200 km of fiber-optical cable. The completion of this project is scheduled for the end of February 2007.
CEO Ayaz Karimov stated: "This initiative in Azerbaijan, and others like it, will serve to solidify our position as a significant player in the Central Asian market for dial-up, ADSL and related services."
About Asia Telecom Ltd.
Asia Telecom, Ltd. intends to become a VOIP telecommunications company with a strategic focus on establishing and maintaining operations in Central Asia and Eastern Europe.
Safe Harbor Statement
The preceding includes forward-looking statements, which involve known and unknown risks, and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. Any forward-looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all "other risks" associated with business.
Contact: CONTACT:
Asia Telecom, Ltd. Mike Palmer Tel: (646) 415-8549 Email: Email Contact
-------------------------------------------------------------------------------- Source: Asia Telecom, Ltd.
Posted by dollar13 on :
gapping 41% premarket
Posted by a surfer on :
WTF????? energizer bunny stock of the week??
Posted by dollar13 on :
LOT OF BUYS AT 0.025
WOW
Posted by Homersbud on :
Doh, looks like I should've held onto for a couple more days for a smaller loser...oh well!
Congrates to everyone banking on this fawker!
024x025 1x1
Posted by dollar13 on :
BOUGHT AT 0.019 Posted by dollar13 on :
0.022
BOOOOOM
Posted by dollar13 on :
0.0235
Posted by lukin4winners on :
ATLJ was taken down for no apparent reason on bid whacking. Looking for a gap and run this morning. It formed a nice hammer at the bottom of the bollies closing at .0085. If it breaks .01 with volume it could do a reversal with a rush to buy. glty
Posted by lukin4winners on :
After hour news is just what this stock needed dated feb 1: Asia Telecom Ltd.: Asia Telecom Ltd. joint venture update
Feb 01, 2007 (M2 PRESSWIRE via COMTEX) -- Asia Telecom Ltd. (Other OTC: ATLJ.PK) is proud to announce that the Company has opened its own Point of Presence (PoP) in the Russian Federation in Q4 of 2006 through collaboration with its joint venture partner. The technical site for the equipment is shared by the data-center of Golden Telecom Inc. The Company has also made an application to the "Rossvyaznadzor" for the license to provide all Dial-Up, ADSL and VOIP services to residents in the city of Moscow and surrounding areas.
CEO Ayaz Karimov stated: "The establishment of a technical infrastructure and obtaining the relevant licenses are part and parcel of what it takes for our Company to arrive at its annual revenue target for our joint venture of US$30 million."
About Asia Telecom Ltd.
Asia Telecom, Ltd. intends to become a VOIP telecommunications company with a strategic focus on establishing and maintaining operations in Central Asia and Eastern Europe.
Posted by tompom on :
strong day here!
Posted by Fuzzy1018 on :
looks strong, may run back up at eod. trying to buy some more here
Posted by Fuzzy1018 on :
picked up some at .0085 .008/.0085 now
Posted by Fuzzy1018 on :
.0085/.009 now
Posted by Fuzzy1018 on :
Press Release Source: Asia Telecom Ltd.
Asia Telecom Ltd. Joint Venture Update Tuesday February 6, 9:00 am ET
NEW YORK, NY--(MARKET WIRE)--Feb 6, 2007 -- Asia Telecom Ltd. (Other OTC:ATLJ.PK - News) is proud to announce that the Company has opened its own Point of Presence (PoP) in the Russian Federation in Q4 of 2006 through collaboration with its joint venture partner. The technical site for the equipment is shared by the data-center of Golden Telecom Inc. ADVERTISEMENT
The Company has also made an application to the "Rossvyaznadzor" for the license to provide all Dial-Up, ADSL and VoIP services to residents in the city of Moscow and surrounding areas.
CEO Ayaz Karimov stated: "The establishment of a technical infrastructure and obtaining the relevant licenses are part and parcel of what it takes for our Company to arrive at its annual revenue target for our joint venture of US$30 million."
About Asia Telecom Ltd.
Asia Telecom Ltd. intends to become a VoIP telecommunications company with a strategic focus on establishing and maintaining operations in Central Asia and Eastern Europe.
Safe Harbor Statement
The preceding includes forward-looking statements, which involve known and unknown risks, and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. Any forward-looking statements above are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including, without limitation, competition, intellectual property rights, litigation, needs of liquidity, and other risks detailed from time to time in the company's reports filed with the SEC. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all "other risks" associated with business.
Contact: CONTACT:
Asia Telecom, Ltd. Mike Palmer Tel: (646) 415-8549 Email: atljinfo*yahoo.com
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