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The Company will issue a stock dividend in the form of a 6: 5 forward split,Every shareholder of record will receive six shares for each five shares held as of the close of business
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If my funds clear by Thursday,i'll put in some...Friday morning this could skyrocket.I'm never prepared when I need to be.Hope i'm in there with ya.
-------------------- Greedy Because I'm Broke!!
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posted
Found the article...the name change should help also.
Telatinos Inc. (Pink Sheets:TLTD), a Latin American IP VoIP service provider, today announced that the Company has elected February 11th 2005 as the Effective date for the previously announced 6 for 5 forward split of its common stock. Each shareholder will receive six shares in exchange for each five shares owned. The post split shares will have a new CUSIP number and will trade with a new symbol.
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.
posted
MIAMI, Feb 3, 2005 (PRIMEZONE via COMTEX) -- Telatinos Inc. (Pink Sheets:TLTD), a Latin American IP VoIP service provider, today announced that the Company has entered into a three-year, exclusive licensing and technology transfer agreement for Telatinos subsidiary IPxes Corp to provide IPxes network services and XRF link(R) products to Cuba.
The exclusive licensing agreement enables Cuban government mandated licensor Servicio de Red to perform sales, service, engineering and maintenance of the products and services applicable under the licensing agreement in Cuba only. The exclusive licensing agreement also stipulates that the Government of Cuba may implement a proprietary firewall system for its IPxes network service and XRF link system purchases without divulging the specific modifications to Servicio de Red, IPxes or Telatinos.
The Company has received $5,000,000 for the Cuba exclusive license. The Company will also receive 6.25% of all gross orders received by the exclusive licensor for Cuba for the next three years.
IPxes is a business class, highly scalable communications service that provides Broadband data, voice and wireless service using multiple integrated T-1 lines with a layer 2 private network. Our proprietary technology and integration provides SME customers with dedicated Internet access, customizable business solutions for voice, data, wireless and Internet, and secure communications channels between the SMEs' offices, partners, vendors, customers and employees without the use of a firewall or encryption devices. IPxes has a growing network presence in South America, including network facilities in Brazil, Colombia, Costa Rica, and main operations in Miami, Florida. IPxes' proprietary technology, XRF link(R), remote network locations may be connected through IPxes' network, enabling secure and direct transfer of communication, documents, databases, and virtually any other information between a client's headquarters and its remote locations. Each location is provided with dedicated access and extended services with maximum efficiency. The XRF link solution allows data to be delivered at the fastest and most efficient speeds available today. In addition, unlike traditional encryption-based virtual private network technologies, XRF link avoids the use of the public internet for transferring secured information between locations. Secured information travels on a private network. IPxes clients experience the highest level of security and efficiency.
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. Learn more about our Company at www.telatinos.com.
Forward-Looking Statement
This release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Litigation Reform Act of 1995. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including: business and economic conditions and growth trends in the VOIP industry and Latin America; in the geopolitical environment; overall information technology spending; the growth of the Internet; levels of capital spending on Internet-based systems and other risk factors. Telatinos results of operations are not necessarily indicative of Telatinos operating results for any future periods.
posted
Just my opinion here... but a forward split doesn't really amount to more than dilution. I don't see any advantage in more shares being out there. Nor do I see this holding it's price after the split... the company itself may have some validity or long term potential (who knows?)... BUT this seems like a poor short term play to me.
quote:Originally posted by theladder75: Just my opinion here... but a forward split doesn't really amount to more than dilution. I don't see any advantage in more shares being out there. Nor do I see this holding it's price after the split... the company itself may have some validity or long term potential (who knows?)... BUT this seems like a poor short term play to me.
theladd
I agree. I've made good money on TLTD in the past and expect to again in the future, but buying before a split is *not* a good short term play.
Unless ... you are planning on selling off right before the split and riding the wave of buyers reading a split as something more than dilution.
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posted
If it holds anywhere close to this price is good,you can sell what you bought & be sitting on the Free shares that they gave you.M.O.
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So correct my math here if I'm wrong... if it splits 6 for 5 that means 1 extra share PER 5 shares. SO that's really only a 20% increase. So you really think the value is going to hold 20% or more (even briefly) long enough for someone to sell and take advantage? That seems needlessly risky. But I guess you can never really underestimate those that see this as a good thing... I would just hate to see people get caught. Not bashing by the way... just thinking out loud. I'd love to be wrong and see oodles of people make gobs of cash. : )
posted
Each shareholder will receive six shares in exchange for each five shares owned. The post split shares will have a new CUSIP number and will trade with a new symbol.
-------------------- Greedy Because I'm Broke!!
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Ok... so you have new symbol but 6 shares instead of 5. Does a symbol change seriously make it that much more attractive? I admit I'm pretty new to all of this in a lot of ways... so if I'm wrong someone educate me.
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> MIAMI, Feb. 9, 2005 (PRIMEZONE) -- Telatinos Inc. (Pink Sheets:TLTD), a Latin American VoIP and communication service provider, today announced the Company has received confirmed purchase orders for IPxes enterprise communication services from Industrias Vanyplas S.A and Martinez Vallejo S.A. Both clients are plastic extruders and plastic products exporters. The combined contracts represent approximately US$6,250,000.
IPxes, a wholly owned subsidiary, is a business class, highly scalable communications service that provides broadband data, voice and wireless service using multiple integrated T-1 lines with a layer-2 private network. Our proprietary technology and integration provides SME customers with dedicated Internet access, customizable business solutions for voice, data, wireless and Internet, and secure communications channels between the SME's offices, partners, vendors, customers and employees without the use of a firewall, or encryption devices. IPxes has a growing network presence in South America, including network facilities in Brazil, Colombia, Costa Rica, and U.S. operations in Miami, Florida. IPxes' proprietary technology, XRF link(R), remote network locations may be connected through IPxes' network enables secure and direct transfer of communication, documents, databases, and virtually any other information between a client's headquarters and their remote locations. Each location is provided with dedicated access and extended services resulting in maximum efficiency. The XRF link solution allows data to be delivered at the fastest and most efficient speeds available today. In addition, unlike traditional encryption-based virtual private network technologies, XRF link avoids the use of the public Internet for transferring secured information between locations. Secured information travels on a private network. IPxes clients experience the highest level of speed, security and efficiency.
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.
This release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Litigation Reform Act of 1995. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including: business and economic conditions and growth trends in the VOIP industry and Latin America; in the geopolitical environment; overall information technology spending; the growth of the Internet; levels of capital spending on Internet-based systems and other risk factors. Telatinos results of operations are not necessarily indicative of Telatinos operating results for any future periods.
CONTACT: Telatinos, Inc. Public and Investor Relations MacReport (631) 393-5136
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That news release confirms expectations on sales volume for 2005...If so, even if that price already includes the future 6/5 F/S, this stock is very very undervalued!
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posted
Today should be a green green day, I see that up to $0.3/sh today, because the market value of TLTD is approx. 25% of the $19.25 millions market sales TLTD got starting this year!
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Hey... well it looks like you've got some green guys! Congrats! : )
I played it a bit before they announced the split and did ok. If the company stays true to it's word about getting off the pinks then you could have a real gem here too.
Good LUCK!
theladd
Guess I was wrong about the split... nothing wrong with that!
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-------------------- M.M. Semester #3 started,Only 7 more semesters to go. Why, in an age where information is so easy to get, cant we find information on one man. Experience is something you dont get until just after you need it.
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