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EVPH.PK-Everybody's Phone Company
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[QUOTE]Originally posted by scooz: [QB] The news today makes EVPH a takeover target. The company said in today’s PR that they are packaging the company for a sale to a larger competitor. If you consider the numbers from the previous day’s PR, you can see that a buyout of the company could make you a big winner. Everybody's Phone Company Announced the Company Sets Conference Call to Discuss Company Growth Projections [URL=http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=U-z0187354-U%3aEVPH-20100324&symbol=EVPH®ion=U]http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=U-z0187354-U%3aEVPH-2010 0324&symbol=EVPH®ion=U[/URL] They are targeting $50 million in sales with an 18% margin or a $9 million gross EBITDA. The company only has 22 million shares out which would give EVPH a .41 per share EBITDA. If these numbers prove to be correct a move to $1.50 or more could happen if they get bought out. Given a possible $1.50 buyout , PSC thinks a short term target of .50 on EVPH is a given. We urge members to re-read today’s PR and get in the game with EVPH. Everybody's Phone Company Responding to Shareholder Inquiries 2010-03-25 15:00 ET - News Release HOUSTON, March 25, 2010 (GLOBE NEWSWIRE) -- Everybody's Phone Company, Inc. (Pink Sheets:EVPH), Texas' fastest growing provider of prepaid telephone services, in responding to shareholder inquiries, has decided to issue this comment on the company's stock price. Steven H. Bethke, President of Everybody's Phone Company, said, "The share price has seen some volatility between the prices .10 and .38 in the last two weeks. The company's business development activities have resulted in a reseller agreement with AT&T. Shareholders can expect similar agreements with other major U.S. carriers. The stated objective of the company is to ramp up the top line revenue to package the company as a takeover target for a larger player." "The team at Everybody's Phone Company has a top flight management and sales team which is working towards this objective over an 18 month time frame. In the interim, we will continue to build shareholder value by bringing in these new contracts," commented Mr. Bethke, President of Everybody's Phone Company. Furthermore, Mr. Bethke, said; "The bottom line will grow substantially, making the company profitable within 12 months. These reseller agreements have margins of more than 20% which make them a very attractive proposition for our company. The insiders close to the company are firmly behind our efforts and everyone is holding their shares for maximum return. We feel comfortable in saying that this company will grow to be dominant in our space. There is no reason why the share price should not follow our growth path and move substantially higher. " About Everybody's Phone Company Everybody's Phone Company sells prepaid, unlimited local (dial tone) telephone service to the residential market, primarily in greater Houston. The Company is fully licensed by the Texas Public Utility Commission to resell telephone services throughout the State. Once EVPH achieves critical mass in Texas, the Company plans to expand its prepaid telecommunications product offerings nationwide. For more information, visit [URL=http://www.everybodysphonecompany.com.]www.everybodysphonecompany.com.[/URL] CONTACT: Everybody's Phone Company Steven H. Bethke, President & CEO (713) 268-1610 [URL=http://www.everybodysphonecompany.com]www.everybodysphonecompany.com[/URL] Please remember to do your due diligence on EVPH. [/QB][/QUOTE]
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