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It did not start with a run. It started with a gap. There were trade after market. It has merged with china company dealing with highway tolls. Do you DD before buying.
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Telco-Technology, Inc. Signs Letter of Intent to Merge With China Toll Roads Holdings Thursday July 22, 9:26 am ET
CLIFTON, N.J., July 22 /PRNewswire-FirstCall/ -- Telco-Technology, Inc. (OTC Bulletin Board: TTXI - News; "TTXI") is pleased to announce that they have signed a letter of intent to acquire China Toll Roads Holdings Incorporated ("CTR"). CTR is a Hong Kong based company with plans to purchase eleven toll roads and bridges in China with a very profitable track record.
"After taking four trips to China over the last year, we continue to believe that the Chinese market has greater economic growth potential than anywhere else in the world," said Don McKelvey, President of TTXI. "Having experienced their congested highway traffic personally, it is clear that this industry will have a bright future," he concluded.
According to CTR, financing is already lined up to acquire these roads. Since private ownership of cars has only started to boom recently, the company anticipates growth at a rate of 20-50% a year as operations expand. A stable semi-annual distribution of dividends is also a key objective planned by management.
Don McKelvey may also be heard every weekday as the host of the "Midday With Don" radio show. The program reviews small-cap investment opportunities and is part of the TradersNation.com network. He can be heard from 12 Noon to 1 P.M. daily eastern time.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995.
This press release includes certain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. These statements are based on Telco-Technology, Inc.'s management's current expectations and are subject to risks and uncertainties and changes in circumstances. All forward-looking statements included in this press release are based upon information available to Telco-Technology, Inc. as of the date of the press release, and it assumes no obligation to update or alter its forward-looking statements whether as a result of new information, future events or otherwise. Further information on the risks that could affect Telco-Technology, Inc.'s results of operations is detailed in its filings with the United States Securities and Exchange Commission, including the Annual Report for the year ended December 31, 2003.
-------------------------------------------------------------------------------- Source: Telco-Technology, Inc.
------------------ Due Da Due......But Be Quick About It!!!!!
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Telco Technology, Inc. Moves Forward With Chinese Merger/Gets Listing on Berlin Stock Exchange Monday April 26, 8:28 am ET
CLIFTON, N.J., April 26 /PRNewswire-FirstCall/ -- Telco Technology, Inc. (OTC Bulletin Board: TTXI - News; "TTXI") announced today that they have been invited back to China in connection with its previously announced proposed acquisition of the media company in Beijing. TTXI also expects to receive the audited financials from the targeted company for final approval.
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Telco stock recently became listed on the Berlin Stock Exchange. Chairman Don McKelvey commented, "We are very pleased to have been approved, since this enables German investors to buy shares in their own currency, making transactions easier and less expensive. This may be in anticipation of our Chinese merger, and we look forward to having a more international group of shareholders in the future," he concluded. Mr. McKelvey indicated that no assurance can be given that TTXI will be able to complete the merger with the media company located in Beijing.
Don McKelvey may also be heard every weekday as the host of the "Midday With Don" radio show. The program reviews small-cap investment opportunities and is part of the TradersNation.com network. He can be heard from 12 Noon to 1 P.M. daily eastern time.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995.
This press release includes certain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. These statements are based on Telco-Technology, Inc.'s management's current expectations and are subject to risks and uncertainties and changes in circumstances. All forward-looking statements included in this press release are based upon information available to Telco-Technology, Inc. as of the date of the press release, and it assumes no obligation to update or alter its forward-looking statements whether as a result of new information, future events or otherwise. Further information on the risks that could affect Telco-Technology, Inc.'s results of operations is detailed in its filings with the United States Securities and Exchange Commission, including the Annual Report for the year ended December 31, 2003.
Been trying to work this merger in the orient for awhile it appears.
------------------ Due Da Due......But Be Quick About It!!!!!
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Press Release Source: Telco-Technology, Inc.
Telco-Technology, Inc. Requests Delisting From Berlin Stock Exchange Wednesday June 9, 9:02 am ET
CLIFTON, N.J., June 9 /PRNewswire-FirstCall/ -- Telco-Technology, Inc. (OTC Bulletin Board: TTXI - News; "TTXI") announced today that they have sent a formal request to their "specialist" on the Berlin Stock Exchange. The letter asks that TTXI stock be delisted from trading on that market.
"Recent reports from other public companies indicate that our stock may have been sponsored by a German market-making firm to facilitate illegal short selling," stated President Don McKelvey. "For that reason, we sent the brokerage firm involved a letter on June 8, and they have indicated that they would comply with our wishes as of June 9," he concluded.
Telco-Technology believes that investors looking to purchase shares should do so only on the Over-The-Counter Bulletin Board (OTCBB) under the symbol TTXI. The company is concerned that the Berlin market may have been a factor in their stock price dropping in half since the listing in late April.
Don McKelvey may also be heard every weekday as the host of the "Midday With Don" radio show. The program reviews small-cap investment opportunities and is part of the TradersNation.com network. He can be heard from 12 Noon to 1 P.M. daily eastern time.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995.
This press release includes certain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. These statements are based on Telco-Technology, Inc.'s management's current expectations and are subject to risks and uncertainties and changes in circumstances. All forward-looking statements included in this press release are based upon information available to Telco-Technology, Inc. as of the date of the press release, and it assumes no obligation to update or alter its forward-looking statements whether as a result of new information, future events or otherwise. Further information on the risks that could affect Telco-Technology, Inc.'s results of operations is detailed in its filings with the United States Securities and Exchange Commission, including the Annual Report for the year ended December 31, 2003.
------------------ Due Da Due......But Be Quick About It!!!!!
quote:Originally posted by chubby: It did not start with a run. It started with a gap. There were trade after market. It has merged with china company dealing with highway tolls. Do you DD before buying.
chubby, got issues ehh.... read post said I did not get in because of GAP. so i missed first run... Then stated there is news and I will post...
did not have link available, Read before you complain. new there was news and feel there should be bounce play.....
quote:Originally posted by chubby: It did not start with a run. It started with a gap. There were trade after market. It has merged with china company dealing with highway tolls. Do you DD before buying.
posted
oooop.....no issue buddy... Did comment before it started its post gap run.... I take back my words.... .....Dog....great work of the follow up DD's
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