This is topic TCLL===record revenues=December 31, 2005, of $662,903,832 boom in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.
Tricell Achieves Record Revenues for 2005 4/24/2006
STAFFORDSHIRE, England, April 24, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Tricell, Inc. (OTC Bulletin Board: TCLL), generated record revenues for the year ended December 31, 2005, of $662,903,832, compared to revenue for 2004 of $13,898,503. Tricell's previous revenue mark of $412,586,977 was set in 2002 prior to the decrease in trading activity as a result of VAT uncertainty. Trading operations recommenced in full in February 2005 when Tricell secured a 2,000,000 pounds Sterling line of credit. Because of the significant cost of this line of credit, Tricell discontinued its use in the fourth quarter of 2005, at which point we began financing all capital trading operations from revenues generated. Our June 30, 2005 acquisition of Ace Telecom Limited also contributed significantly to our revenue generation.
Similar to the increase in revenue, Tricell's gross profit for 2005 increased to $7,127,442 from $472,748 in 2004, and Tricell had a pre tax income of $158,583 in 2005 as compared to pre tax loss of $7,739,514 in 2004. Tricell had net income of $67,544 for the year ended 2005, as compared to net loss of $7,524,165 for 2004.
Net income for 2005 was lower than normal operations will provide as we utilized the line of credit to recommence trading. However, now that trading activities are funded with operating cash flow, Tricell hopes to reach profit margins of at least 1% of our revenues during 2006, which is customary for the mobile phone trading operations.
As a result of cost saving measures implemented, Tricell's selling, general and administrative expenses decreased to $5,913,036 for the year ended December 31, 2005, as compared to $8,029,391 for the year ended December 31, 2004.
Andre Salt, Tricell's CEO and Chairman of the Board, stated, "We at Tricell are very encouraged with our results from 2005, and look forward to increasing our revenue and profitability in 2006. We hope to conclude our acquisitions of N2J, which should further increase our revenues as we move forward."
Tricell is engaged in mobile phone operations in the secondary market, or after market, which involves transactions other than those directly between the mobile phone manufacturer and the retailer. We attempt to obtain our products at the best prices available and distribute these products to markets around the world at varying levels of maturity.
For more information, please visit Tricell's website at http://www.tricellinc.com , or the SEC's Edgar filing system at http://www.sec.gov , or call Jeff Nunn at 011 44 8707 532 360.
Disclaimer:
Posted by matto on :
Outstanding Shares: 93,500,000 as of 2004-01-07
Posted by 7 of 9 on :
matto,
Why does this fine co have such a low mc?
Posted by matto on :
Float (Millions) 76.821
Posted by matto on :
I just don't have that answer!
Posted by wallymac on :
The company is based in England. 2 Subsid of theirs went through the equivalent of a CHapter 11 that turned into a Chapter 13. In England they have something called a VAT the monies from there was used to pay off the debt $1.7 Mil of the 2 Subs. This in essence increased the bottom line for the company by that $1.7Mil.
According to their 10K the O/S is actually 10,045,8877. Their revenue is huge. With the debt from the Subs no longer holding them down they could get back to where they were in 2004. Their were trading over $1.
This could be a real gem.
GLTA Wally
Posted by matto on :
thanks!
Posted by 7 of 9 on :
The number of shares of Common Stock outstanding as of March 17, 2006 was 101,045,877.
from the latest 10K
glta
7
Posted by tmanfromtexas on :
Maybe their low mc is because their gross profit margin is only 1%. They are profitable however and have only diluted shares from 2004 to 2005 by approximately 5.3mm shares. Maybe one to radar. TMAN...
Posted by wallymac on :
Sorry I missed that second 1 when I typed it in. Does make a difference.
Posted by renrob05 on :
This is a profitable company...revs of 662 million and the PPS is only .10 !!!!!
I will be buying this in the morning...no brainer here.
Posted by renrob05 on :
Float ... 21,400,000
Posted by wallymac on :
quote:Originally posted by renrob05: Float ... 21,400,000
Where did you find the float? I couldn't find it. Thanks.
This could turn into a monster.
Posted by renrob05 on :
from another board...can't post it...so i'll pm you
Posted by tmanfromtexas on :
Hey renrob would you please im me with the info as well. Thanks in advance. TMAN...
Posted by tmanfromtexas on :
well there is one thing to say about that dude there, tenacious. I figured i would read one post and be done. Crap. that is some interesting info. It looks like its in a down trend but that may change with this new pr. I guess we will see tomorrow. thanks again rob. TMAN...
Posted by BuyTex on :
quote:Originally posted by renrob05: from another board...can't post it...so i'll pm you
did the "other board" post the link? lol, no prob with other boards that aren't paid to promote...
Posted by gonefishin13 on :
wow, just got home and saw the after hours revenues PR. Some huge numbers. How often do you see penny stocks with these kinds of sales? At a dime? Amazing... Should be fun, GL tomorrow. Go TCLL
Posted by tmanfromtexas on :
hey buytex, no but the guy did post an email of everyone that he had contacted along with a phone number in big d. TMAN...
Posted by wallymac on :
quote:Originally posted by BuyTex:
quote:Originally posted by renrob05: from another board...can't post it...so i'll pm you
did the "other board" post the link? lol, no prob with other boards that aren't paid to promote...
I looked and without posting a link. There is a ton of DD on Ihub.
Posted by BuyTex on :
fellas, as far as I know? i-hub links have never been a problem, unless maybe they "clog" up a thread. I post i-hub links alla time, and post there as well.
i-hub does not do paid promos.
That's the no-no, here, too: paid promos.
As much as possible, Allstocks tries to provide an environment without that bias.
For sure, you never have to wonder: Is this an ALLSTOCKS PICK?
Here, it's as close to traders-interacting-with-traders as we can make it.
Are the revs a misprint? If not, count me in.
Posted by Ja Rule on :
Less than $100,000 in Net Income on 662 million in revenue though? I think they need to reconsider their mgmt structure...
Posted by djg7 on :
I agree Ja Rule. Net income vs. Revenue is .01%. Would be interesting what the future will bring.
Posted by gonefishin13 on :
The 10K is pretty thorough and you can read how they were able to survive the VAT debacle. And yes Dig7, those numbers are real. I remember seeing their name plastered all over football fields and jerseys, they sponsored one of the professional UK teams (soccer for the folks across the pond).
I agree, some interesting ihub stuff. Theres also a really good DD thread by some of the same folks and others on stock hideout, fyi. You can check there for more DD as well. Good luck
Posted by djg7 on :
Thanks gonefishin and good luck on your fishing opener. I am out of town and will miss the Minnesota fishing opener.
Posted by fryyguyy on :
Here are some links that angel set up for DD on TCLL:
crap, it you want the site email me and I'll send it to you. And the float is as follows:
A DTC report dated 2/9/06 states ...
Float ............... 21,400,000 .. DTC Registered Street Name .... 24,600,000 Total ............... 46,000,000 Therefore ......... 21.4M Shares are Open Market Trading
Posted by fryyguyy on :
Here is a comparison of where this stock should be:
how its possible to get in, when market is closed? its possible to buy stocks on pre-market?
Posted by kt325ci on :
nice to see people finally talking about TCLL again on this board. I've been in this forever. Holding a boatload of shares. This isn't your typical otcbb pos stock. GLTA!
Posted by BuyTex on :
he bought yesterday?
Posted by matto on :
i am going in sorry for the confusion!!!!
Posted by pepa z depa on :
quote:Originally posted by BuyTex: he bought yesterday?
maybe, but this PR was issued on 5:45pm yesterday. Anyway, i am going in for sure.
Posted by kt325ci on :
WECK has been the biggest seller of shares in the past so keep an eye on him if you have L2. It should move quick once he is off the ask.
25K traded so far in premarket.
Posted by kt325ci on :
95K in premarket. Ask is now .12
Posted by njs300zx on :
Their balance sheet is a mess.
Posted by kt325ci on :
their balance sheet is only going to get better. It didn't reflect the increase in net assets after liquidating the 2 POS units.
As a result of this liquidation, as of January 28, 2006, the assets and liabilities of Tricell UK and Tricell Int. will be removed from Tricell’s consolidated financial statements. The overall effect on the Tricell’s financial statements is that Tricell’s net assets will increase by £1,978,817 or (equals $3,509,036 as of January 28, 2006), which includes the £1,000,000 VAT receivable (equals $1,773,300 as of January 28, 2006). Tricell’s Form 10-K for the fiscal year ended December 31, 2005 will include the estimated deficiencies of £1,002,132 (equals $1,777,081 as of January 28, 2006); however, as of January 28, 2006, all liabilities of Tricell UK and Tricell Int. will be removed from Tricell’s financial statements, and Tricell’s net assets will increase by £1,002,132 (equals $1,777,081 as of January 28, 2006)
Posted by matto on :
here we go
Posted by pepa z depa on :
in with 16k shares for 0.12, hope to see some ride today.
Posted by matto on :
weeeeeeeeeeeeee nice
Posted by kt325ci on :
I'd LOVE to see a million shares traded today.
Posted by Drunner611 on :
Finally, after a long break, I'm back. Also in for 15k shares at .12. Lets get some numbers today.
Posted by kt325ci on :
Wall of 4 mm's at .14.
after that it's thin to .24
Posted by Drunner611 on :
How thick is it? I'd be glad to help push through
Posted by fryyguyy on :
All right good to see some conversation on this stock. I felt like i was talking to my self there for awhile.
Posted by kt325ci on :
only 2 left at .14 now. There were 4
Posted by kt325ci on :
quote:Originally posted by fryyguyy: All right good to see some conversation on this stock. I felt like i was talking to my self there for awhile.
I know the feeling.
Posted by kt325ci on :
1x.14 1x.15 2x.16 1x.17 1x.24
Posted by fryyguyy on :
kt325ci,
Have you been to the other boards that I posted earlier. We have been trying to get the word out.
Posted by JJJ on :
head's up on ITME....billion dollar oil..moving now
Posted by matto on :
through .14
Posted by djg7 on :
Finally in at .14.
Posted by kt325ci on :
quote:Originally posted by fryyguyy: kt325ci,
Have you been to the other boards that I posted earlier. We have been trying to get the word out.
I'm bonedaddy77 on the other boards.
Posted by lostone on :
yea baby .16
Posted by matto on :
.17 soon good luck to all
Posted by lostone on :
when y'all jumping out?
Posted by fryyguyy on :
gotcha bonedaddy
Posted by kt325ci on :
I'm long so I'll be here a while. There is some serious upside potential. The company is making money and not a diluting POS like a lot of other penny stocks. The main problem here is lack of exposure. They are working on starting an IR campaign soon.
If you have any questions try giving Alan Gelfand a call at (604) 916-5000. He is the current IR contact.
Posted by kt325ci on :
WTF! did anybody else see a 1400 trade at .20! Maybe a sign of things to come.
Posted by lostone on :
yea i saw that.. with more exposure, tcll will see pass .20
Posted by kt325ci on :
dude...trades for .225 going through..What's going on.
Posted by lostone on :
.225 for total of 11400 shares..
Posted by fryyguyy on :
I think that the only way you can get in is buying over the ask.
Posted by djg7 on :
Wow! .225 when .15x.16.
Posted by lostone on :
quote:Originally posted by fryyguyy: I think that the only way you can get in is buying over the ask.
yea, i think so too, maybe that's why they bought for such prices
Posted by fryyguyy on :
nice and steady.
Posted by kt325ci on :
quote:Originally posted by fryyguyy: nice and steady.
That's the way I like it. Ask is now .17
Posted by wallymac on :
With the volume and PPS increase will start to set off some alerts. Should be a nice day maybe even more
Posted by lostone on :
we're green and i shouldn't complain.. but the volume froze.. need exposure..
Posted by pepa z depa on :
i got out, 500usd profit is enough for me.
Posted by lostone on :
quote:Originally posted by pepa z depa: i got out, 500usd profit is enough for me.
good for you.. i think i'm going to wait a day or two .. since today's volume is much larger than yesterday.. it will get some alerts..
Posted by kt325ci on :
quote:Originally posted by pepa z depa: i got out, 500usd profit is enough for me.
congrats on the profit but make sure you keep TCLL on your watch list. The 1st quarter finacials should be pretty good.
Posted by tmanfromtexas on :
whats the deal with the huge spread. TCLL Bid: 0.075 Ask: 0.15 Last: 0.15
Posted by lostone on :
it's starting to move again.. the spread is narrower
Posted by lostone on :
o boy.. moving in the wrong direction..
Posted by tmanfromtexas on :
hopefully another up day tomorrow. TMAN...
Posted by elfstroman on :
Wow, what a pick, look into OTD also. Ty for the pick again.
Posted by matto on :
just got in, Why hahsnt posted any of the NEWS
Tricell Signs Letter of Intent to Acquire N2J
STAFFORDSHIRE, England, April 25, 2006 /PRNewswire-FirstCall via COMTEX/ -- Tricell, Inc. (OTC Bulletin Board: TCLL) announces that it signed a Letter of Intent ("LOI"), pursuant to which it has agreed to acquire N2J Limited, a United Kingdom limited company ("N2J"). The letter of intent was executed by Tricell, N2J and the N2J Shareholders on April 14, 2006, and requires that a definitive acquisition agreement be executed and submitted for approval by Tricell's shareholders at the 2006 annual meeting. The LOI was filed, and is available for review, as an exhibit to Tricell's Form 10-K for the year ended 2005. Tricell believes the acquisition of N2J will not only allow Tricell to increase revenues by expanding Tricell's exporting capabilities from the United Kingdom, which is N2J's trading niche, but more importantly increase its profit margin since N2J's export trading operations allows for a higher profit margin than Tricell's operations. On June 30, 2005, the N2J Shareholders sold Tricell all of the stock of Ace Telecom Limited, the operations of which have since become critical to Tricell's operations. The N2J Shareholders also serve as officers and directors of Tricell.
According to the terms of the LOI, Tricell will acquire 100% of N2J from the N2J Shareholders in exchange for 160 million shares of Tricell's common stock issuable on the closing date and 50 million shares issuable, subject to vesting requirements, on January 1, 2007, for total consideration of 210 million shares (the "Shares"). However, all of the Shares are subject to earn out provisions, requiring that N2J achieve $18 million in profits. If N2J does not achieve total net profits of $18 million, a proportionate number of the Shares will be canceled.
In the event N2J's operations yield monthly profit of $1.5 million, the N2J Shareholders will have the option to put, or sell ("Put Options"), to Tricell 120 million of the Shares ("Put Shares"). The remaining 90 million Shares ("non-Put Shares") will vest in four equal annual installments, beginning on January 1, 2007 and ending on January 1, 2010. The non-Put Shares will only vest if the N2J Shareholders remain employed by Tricell at the time of vesting. The Put Options provide each N2J Shareholder the unilateral option to put to Tricell 3.75 million shares each month, at $0.11 per share, for a period of 8 months following the execution of the SPA ("Put Option Period"), for a total monthly repurchase of 15 million shares by Tricell.
Tricell and N2J are currently negotiating the final terms of a definitive acquisition agreement, and conducting due diligence in anticipation of the acquisition.
Tricell is engaged in mobile phone operations in the secondary market, or after market, which involves transactions other than those directly between the mobile phone manufacturer and the retailer. We attempt to obtain our products at the best prices available and distribute these products to markets around the world at varying levels of maturity.
For more information, please visit Tricell's website at http://www.tricellinc.com , or the SEC's Edgar filing system at http://www.sec.gov , or call Jeff Nunn at 011 44 8707 532 360.
Disclaimer:
Posted by matto on :
i have another if u all want it!
huge news and numbers today just warning up!!!
Posted by Rex on :
present for all who play with some bigger ones!2.50 or more soon
Posted by kt325ci on :
this is nuts. We haven't had a PR in months and now get back to back ones.
First great financials for 2005 and now they look to have at least $1.5 million in profits each month.
A lot of stocks at this price are lucky to bring in that much in revenues.
Posted by gonefishin13 on :
Add to that the Bellwether Report issued today. It's so funny. You look at the stocks they cover, they had 6 or so today they issued preliminary coverage on. All of them are Nasdaq National Market stocks, trading $15, $25, etc. SO there's Level 3 Communications, and Ballard Power, and Cnet Networks, and SanDisk, etc. And here they have this one stock right smack in the middle--TRICELL!!! That is just amazing--our little tricell... wow...Looks like TCLL is starting to garner some attention from folks not looking to flip for 3 cents. Now you have the N2J PR. SHould be a real fun spring here.
bellwetherreport.com: The Bellwether UK Report takes a look into the small cap markets and finds Tricell, Inc
Apr 25, 2006 (M2 PRESSWIRE via COMTEX)Tricell, Inc (OTCBB:TCLL), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. This company experienced significant growth in fiscal 2005, opening themselves up to numerous opportunities which should in turn strengthen them for the future. The BWR Research Team will continue to follow the market sentiment on this company and numerous others.
Source: m2presswire.uk via comtex
Posted by pepa z depa on :
quote:Originally posted by kt325ci:
quote:Originally posted by pepa z depa: i got out, 500usd profit is enough for me.
congrats on the profit but make sure you keep TCLL on your watch list. The 1st quarter finacials should be pretty good.
yes, TCLL has definitely place on my watch list. I am going to buy some shares today probably, but now i will hold them long time.
Posted by fleer on :
20K yours pepa ? Posted by tmanfromtexas on :
If I read that 8k right, the acquired company has to produce or they dont get their shares. I like that. TMAN...
Posted by kt325ci on :
yep and if they are producing then it's well worth it.
Posted by tmanfromtexas on :
Filed an 8k for formality. It is interesting that these otcbb's are doing that more and more. I spoke with the CEO of STTC.ob 2 weeks ago and he said that the SEC is getting a little pizzy about pr's without 8K's AND vice versa. Good for the little folks I guess. TMAN...
Posted by pepa z depa on :
quote:Originally posted by fleer: 20K yours pepa ?
yes, that was mine 20k once again yesterday. Now i am waiting if it dip, so i can buy some more.
Posted by WarningModels1 on :
The reason why this stock trades so cheap is because it cost them everything to make that 665 million in revenue. That will be a huge task to cut cost whoever is supposed to do that. In all my years i have never seen a company spend that much to make that much in revenue somebody is not doing their job right in my opinion.
Posted by tmanfromtexas on :
Warning, I agree completely but in their last pr they state that the sector only makes 1% profit in general. So I hope this new aquisition will help that bottom line. TMAN...
Posted by kt325ci on :
Seeing some action today...up to .16 now.
Posted by njs300zx on :
![[Smile]](smile.gif)
![[Big Grin]](biggrin.gif)
Tricell Achieves Record Revenues for 2005