posted
I've been keeping my eye on this one for a while but, I don't know much about it and it certanly has no following. However, it certanly looks like it has the potential of beingh a winner.
Posts: 517 | From: jupiter, florida, usa | Registered: Apr 2004
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posted
looks like it wants to break lose of the grips of the shorters.......shorters will eventually lose the battle and hopefully they will scramble to cover!
posted
things will change in sept! There is a PP to come very soon and we are still in the summer doldrums!
Once the PP and the summer is over we will all be rewarded. The shorters will have to cover and hopefully in a buying frenzy!
I have added the last couple weeks......
Don't let the low price/price decline make you think this has no potential or that its a scam.......its got very professional dedicated management and they are eager to succeed!
Buy and hold..........christmas will come early for TXXN holders imo!
Join us on the stock house forum as its more active.....
Posts: 433 | Registered: Jun 2004
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Texxon Subsidiary Teleplus Group Secures One Million Dollar Private Financing 8/15/2006
With the Successful Completion of a Private Placement, TelePlus Utilizes Funding to Move Forward With the Deployment of Its GSM Wireless Product
LOS ANGELES, CA, Aug 15, 2006 (MARKET WIRE via COMTEX News Network) -- TelePlus Group (www.teleplusgroup.com), a pioneer in the field of international telecommunications, today announced it secured a $1,000,000 line of credit. This bridge financing allows TelePlus Group to focus efforts on the deployment of its Vocalyz(TM), proprietary "in-language" telecommunications service for international travelers. TelePlus Group is a subsidiary of Texxon Inc. (OTCBB: TXXN).
"We are pleased to report securing this bridge financing as it reaffirms the confidence in our business model and in our management team," says Claude Buchert, CEO of TelePlus Group. "By securing funding through the issuance of restricted shares, we protect shareholder value. These proceeds will provide adequate working capital and the necessary funds for the sales and marketing division to move forward with our Vocalyz(TM) product offering." Pursuant to the Funding Agreement, Texxon has received $260,000 and will receive the balance in periodic installments as needed.
TelePlus focuses on the development of low-cost international communication solutions. Vocalyz(TM) is a seamless and highly specialized telephone service that bundles reliable, inexpensive international long distance with a wide variety of proprietary, in-language services for the mainstream international traveler. The TelePlus product provides travelers and tourists with a 24/7 live private assistant who functions as a translator, concierge or emergency dispatcher in their native language. The key to the service is "content in-language," delivered through a combination of cutting-edge patent-pending intelligence and telecommunication platform and allows the company to offer direct access to their comprehensive live services in over 120 languages.
About TelePlus Group
TelePlus Inc., a subsidiary of Texxon, Inc. (OTCBB: TXXN), DBA TelePlus Group, is a leader in the field of international telecommunications, combining wireless technology and advanced proprietary software with the lowest rates and the highest levels of customer service. The company is dedicated to helping people worldwide through proprietary "content in-language" communications tools and services which deliver the highest level of customer service at user-friendly rates. TelePlus Group through its services helps facilitate the expansion of the user's global experiences through business and recreation. TelePlus Group maintains its network operations and primary customer service center at its Los Angeles headquarters. The company also operates several call centers throughout the United States, Europe, and Asia. For more information please visit www.teleplusgroup.com.
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports.
Media Contact: Jackie Lacambra TERPIN COMMUNICATIONS (310) 821-6100 x108 jackie*terpin.com Investor Relations: Ross Nordin TelePlus Group (310) 439-3119 x206 rnordin*1tc.com
posted
this is good news.......they wants to do a PP but do to the fiasco/problems (shorting) & the drop in stock price...they opted for a line of credit....good move!
posted
TXXN level 2 bids the best they have looked in weeks....finally MM bid support as the price creeps up!
Posts: 433 | Registered: Jun 2004
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posted
nice and steady! Could be forming a cup & handle formation if it dips a bit to form the handle!
Regardless.......this should have never slide to the low .10s level in the first place! Shorts slowly covering.......
Posts: 433 | Registered: Jun 2004
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posted
The 10Q for period ending 30 June only takes 1 month of operations as the new merged company as before 1 June TXXN was basically just a shell. Teleplus acquired TXXN through a reverse merger on 1 June.
The revenue was from their test market they did. Now they have just started to officially launch their service in the US and other places to come so revenue should start to show up soon!
Posts: 433 | Registered: Jun 2004
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posted
previous DD...it appeared on the hotstockalert site.....good info on TXXN's potential!
TRADING ALERT, UNDERVALUED NEW TELCOM-TECHNOLOGY
New issue set to take advantage of the multi billion dollar international travel communications sector. TXXN.OB
“We hit the mark on our last 2 picks, more than 300% in trading price shortly after profiled, giving investors a chance to turn $5,000 into $20,000 or more quickly!!!” $$$$$$$
TXXN out of the R&D phase is getting ready to open up markets after successfully testing their product. This Global product should be accepted quickly by the international business community allowing TXXN to dominate this new market and become the next great Telecom pioneer.
Armed with agreements from SKYPE (NASD-EBAY), Orange and other Telcom giants, this stock is poised for Explosive growth and is priced to BUY NOW up to $2.00 per share. This company just went public and should have a lot of news in the pipeline. Once the news is out it will be too late EARLY PROFITS GET IN FIRST!!! Remember, we look at hundreds of companies and pass on most. If we are not writing about it, its usually not worth reading. Sign up and get a free trial of our news letter. Everyone remembers the run RIMM had (EST) $5.00 to around $150.00 before splitting 2 for 1 and then running to $103.00 again!! This goes to show you what can happen if the street picks up the stock, and people embrace a new technology. $ 5,000 dollars in this company at the right time could have made you $145,000 dollars Richer!! Everyone loves the crack berry!!
The 4 Biggest reasons to own TXXN before it hits $2.00
TXXN is about to hit the ground running and should be a revenues giant and, perhaps more importantly, because it is not mired by excessive debt (est. 900k during the R&D phase) it can quickly become an earnings monster. TXXN would only need to generate annual sales of just $10 million to hit approximately $5 million in earnings, or about 20 cents per share.
TelePlus operates in the very sexy Wireless Telecommunications Industry. The average multiple for theWireless elecommunications Industry is well over 25. Using a multiple of 25, only about a third of the Wireless Telecommunications Industry recent average, and multiply it by 20 cents per share we easily establish a $5 stock price. Furthermore, TelePlus could earn that kind of income from just one market, and they are looking at dominating many markets.
That could turn a $1,000 investment into $10,000 or more – a gain of 900%! How? Considering the fact that the global telecommunications market accounts for annual revenues of more then $2.5 trillion, and growing fast, TXXN would only have to do a minuscule portion to hit serious earnings.
TXXN's agreement list is already a “Who’s Who” of telecom. TXXN has teamed up with some of the world’s leading telecoms right now.
TelePlus provides a broad range of international communications solutions; most are accessible through its cutting edge “1 Touch Connect” technology.
"Its first to market position will aid its march to become the dominant player and, literally, serve up hundreds of millions of opportunities to capture the international travel market and beyond. The quickly expanding global telecommunications market is expected to continue its rapid growth for many years to come."
THE MAN WITH THE PLAN
Claude Buchert, President, CEO and Founder has a track record of success
Claude Buchert has more than 30 years of successful international entrepreneurial experience. In addition to his general management experience, Buchert has extensive business development, marketing, strategy and engineering experience in the telecommunication industry.
Buchert has patented innovative technologies and founded several successful companies including, France Application, a chemical and industrial products company, which he sold to 3M.
Buchert also founded Concord Development, land and real estate developer, and Atlantis Group, a company that specialized in the high-tech transformation of milk into dairy products. Under Buchert’s leadership, Atlantis Group quickly captured 5 percent of the yogurt market in California and it was sold to Besnier, a large European international group.
Buchert founded INET, a developer of innovative telecommunication services, ten years ago, creating a base of 60,000 customers. He sold the company to Telis and Atlas Telecommunication group, an international provider of high-tech networks operating in 22 countries.
Buchert continues to deploy his energy, enthusiasm and expertise by recently creating TelePlus Group, producing innovations and new standards in the international land and wireless telecommunication industry and changing the way international travelers perceive the safety and convenience of their trips and vacations.
Key Drivers for the Product
International Telecommunications Market
The International telecommunications market outside the United States is estimated to be valued at over $1.5 trillion and is expected to reach over $2 trillion by 2008 and continue the double-digit growth it has enjoyed since 2004.
The US market is expected to eclipse the $1 trillion mark by 2008.
The international telecommunications market has been growing faster then the US market and demand for mobile and wireless service is expected to continue to fuel the higher growth rate.
Worldwide, the cell phone market has already exceeded 2 billion subscribers. Furthermore, it’s estimated that more than 100 million 3G phones will be sold in 2006 and more than 200 million smart phones will be sold in 2008.
Posts: 433 | Registered: Jun 2004
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The global market for international travelers is estimated to be greater than 700 million users. The USA , with 44 million international visitors, ranks in the top five along with France , Spain , Italy and China .
International Commerce Market
The scale of international commerce market is virtually unfathomable; its value is literally in the trillions, plus the size of the US trade deficit is at record levels and growing like a weed!
TXXN (Teleplus) already has strategic relationships and contracts to work with the big boys in the industry I.E. TelePlus' economic strategy as an MVNO aggregator will also generate a greater realm of U.S. coverage for customers through access to the established Pinpoint MVNO relationships with the U.S. T-Mobile GSM network and host of other domestic roaming partner relationships. Also do not forget Skype, Pin-Point, Sprint, and Orange . Some of which are currently teamed up with TelePlus' low cost concierge/translator product, 1 touch connect(TM).
Access to the Billion Dollar VOIP market
TelePlus Group services can also be accessed by VOIP users. In fact, Skype eBay’s (NASDAQ: EBAY) VOIP product, selected 1TouchConnect to provide its pay-for-use translation services.
Product Launch Campaign.
"1 Touch Connect(TM)" has a unique global software web E-Z sales system (effortless for sales agents.) monitoring electronically, sales, phone activation, delivery, commission, customer support etc.
Other important markets in development are: Europe, South America, and China.
TelePlus Group has further delineated specific foreign travelers to go after first. These include Japanese traveling to the USA, France, and Europe; Americans traveling to Europe; and Europeans traveling to the USA.
The product has been successfully Beta tested in the important and highly active Japan-to-USA travel market. It is distributed by a subsidiary of the largest travel agency in Japan. This exposes TelePlus Group to 30% of its targeted Japanese travel market.
For this test market, 1TouchConnect technology is loaded on an inexpensive CDMA enabled cell phone, which is sold, rented, or provided free to the Japanese traveler under package deals. Even though GSM is the future, this test validated that consumer acceptance is good.
In the European and USA rollout scheduled for 2006, the technology will be loaded in a readyto- purchase GSM-enabled phone or on SIM cards that can be inserted into the user’s own GSM enabled phone so they can dial directly.
Potential Customer Segments
Business traveler Leisure traveler Government traveler Other applications
Strategic Alliances.
Skype recently tapped TelePlus and joins Nextel, Orange , Sprint and T-Mobile. The Company believes it will have numerous Joint Venture, merger, strategic alliance and acquisition opportunities.
Channel Strategy
The Company will utilize a wide array of channels to move its 1TouchConnect phones and SIM cards. These may include:
Travel agencies Mall Kiosks Web Sites Insurance Companies Travel Web Sites Vending Machines Skype Hotels Sky Mall Google Travel Bureaus Airlines Yahoo Rental Car Companies Mobile Operators Agents Banks Distributors Trade Associations Guide de Routard Telco Boutiques Welcome Centers Mileage Companies Airports Core Product Mobile Phones Conference Calling Companies Vending Machine Distribution
A key component of the Company’s distribution and marketing strategy will be the use of self-service vending machines. TelePlus Group has identified a vendor that supplies state-of-the-art devices that are completely self-service. These machines can be used to purchase phones and/or SIM cards as well accept the returned devices. The vending machines are networked through wireless or Ethernet connections and provide real-time reporting capabilities. They allow for a wide range for payment options and users can also recharge their phone credits by waving the phone in front of a device.
Texxon’s Buy rating is based on the difference in price between TXXN’s current stock price and the Company’s implied intrinsic value, as a result of the Company’s merger and in consideration of the accompanying meaningful events.
Our focus at HIGH ROLLER is to provide our members with comprehensive information on investment opportunities in small and micro cap stocks. We feature 5 to 10 companies, per year, which we believe have the ingredients for significant appreciation, our target is to find the gems with the potential for 500% gain, or greater, over the next few years. There is no charge for this membership.
To be among the first to find out about our next great idea, you must enroll for our alert. There is no charge for this membership and comes regularly via email.
We believe that these initiatives from TXXN offer a huge opportunity for investors. If they continue to successfully execute their game plan TXXN has the potential to make you 5 times your money, even 10 to 20 times your money, but only for those who act! __________________
Posts: 433 | Registered: Jun 2004
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posted
charter- It worries me that you are the only person on the entire thread. Where do you get all your info on this Co. and how do you know that there's a PR coming soon.
Posts: 517 | From: jupiter, florida, usa | Registered: Apr 2004
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posted
repoman- What do you know about this stock and what do you mean that it will trap you?
Posts: 517 | From: jupiter, florida, usa | Registered: Apr 2004
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the reason for the drop.....from what I was told by some reliable sources...
The company had arranged a MOU for a PP and then the main guy forking over the $$ for it started to short in a big way.....hence the steady drop from mid .20s to .09! When the company found out about this PP turning into toxic financing they got a line of credit (PR from last week). The shorter was said to be short millions of shares and they are now just realized that they no longer will get the shares from the PP to cover the short position........hence the slow steady rise. Also, when it was at the bottom, every penny increase was squashed by the shorter to keep it down. Now its a different story.........no PP, no dilution and someone needs to cover. I am sure they are trying to slowly cover without trying to move the price with it but nobody is selling so I wish him luck if he still has a large short position!
Posts: 433 | Registered: Jun 2004
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posted
I don't think insiders were selling as 60% of the stock (what was part of the share agreement) if I recall correctly is restricted (rule 144) as the reverse merger share agreement happened on June 2006 and they hold a 12 month restriction if I remember correctly.....so insiders can't sell.
The old management of txxn could have been selling though but its their lose as Teleplus is going places imo.
Posts: 433 | Registered: Jun 2004
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quote:Originally posted by Repoman75: He's been pumping this for year... careful with this stock, it will trap you.
been it is for a year.....because the reverse merger took 12 months to complete! But now its completed and they are launching their services/products.....
Posts: 433 | Registered: Jun 2004
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posted
I think TXXN is finally ready to move.....fridays action showed new MMs appear on the bid (one's that I haven't seen in months and were key to the run from .10 to .30) and there was good aggressive buying in the afternoon
It looks ready to break out from the handle in this cup & handle formation
Last Week of Summer - Summertime Blues Turn to Autumn Opportunities NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IOCircuit. Aug 28, 2006 7:27:00 AM LAKE HARMONY, PA -- (MARKET WIRE) -- 08/28/06 -- It's probably best to enjoy summer without worrying about the market, especially because it's almost always the weakest period of the year. However, that doesn't mean we shouldn't locate special opportunities now, I thought it would be interesting to identify some of the best performing companies over the past month that were softened up during the dog days of summer, Alvarion Ltd (NASDAQ: ALVR), Harmonic Lightwaves Inc. (NASDAQ: HLIT), and Travelzoo Inc. (NASDAQ: TZOO), operate in the 3 best performing industries, Telecommunications Equipment, General Mining and Travel & Tourism, over the last month and have the momentum going forward into fall.
By locating the companies that were hit hard during the summer, but have made a solid recovery in August, yet not too far a move to eclipse its 52-week high, we may find some of the issues primed for the biggest moves of the last part of this year.
Surprisingly none of the mining stocks made the list, but one of the companies, Texxon (OTC BB: TXXN), is a crossover product. The Company's TelePlus subsidiary provides international communication services for the global traveler.
Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A Third Party has hired and paid $995.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.
Wall Street Capital Funding LLC: Hot Stocks to Watch! August 31, 2006
Weston, FLA., Aug 31, 2006 (M2 PRESSWIRE via COMTEX) -- Wall Street News Alert's "stocks to watch" this morning are: Texxon Inc. (OTCBB: TXXN), AnorMED Inc. (AMEX: AOM), PTS Inc. (OTCBB: PTSH), InfoSonics Corporation (NASDAQ: IFON) and Harris & Harris Group, Inc. (NASDAQ: TINY). Texxon Inc. (OTCBB: TXXN) may be a target of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company, a pioneer in the field of international telecommunications, issued a press release announcing that it has received coverage from Market Advisors with a Short Term Price of $0.34.
News of the coverage should get the attention of investors! Every day, millions of people and thousands of businesses need to communicate in various languages. Texxon is a pioneer in developing software that makes it easier and faster for people around the world to communicate despite the many language barriers. The demand for these products that allow users to translate the many forms of communication including voice between English and German, French, Spanish, Italian, Chinese, Japanese, Korean and many more will be astounding.
Automated speech processing is developing into a multi-billion dollar business as consumers tap emerging technologies offered by firms like Texxon, Inc. The global market for speech processing topped the $3.5 billion dollar mark in 2005.
Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Texxon! Highlights of the report (which is available in its entirety, in the company's press release) include:
* The products being developed by Texxon and its subsidiaries will allow their customers the ability to do so much more business over the Internet and the telephone on a global scale.
* The company is working on additional acquisitions that will offer similar operational synergies through mutual networks and technologies as well as help reduce operational expenses.
* The company's goals are to expand its wireless product and life management services throughout the world by adding new related services and content. Strategic corporate relationships with other companies offer exciting new revenue opportunities and provide the basis for the company's infrastructure. This greatly enhances opportunities for US companies doing business in all sectors, thereby raising the standard of living at home and abroad.
Prior to the latest press release, the stock closed yesterday at around Fourteen cents a share.
For an in-depth profile of Texxon, visit http://www.thenewssvc.com/TXXN083006.html To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit www.***********************, where you may also sign up to receive free email alerts in advance of our press releases being issued.
In case you are not familiar with the company: TelePlus Inc., a subsidiary of Texxon, Inc. (TXXN) , DBA TelePlus Group, is a leader in the field of international telecommunications, combining wireless technology and advanced proprietary software with the lowest rates and the highest levels of customer service. The company is dedicated to helping people worldwide through proprietary "content in-language" communications tools and services which deliver the highest level of customer service at user-friendly rates. TelePlus Group through its services helps facilitate the expansion of the user's global experiences through business and recreation. TelePlus Group maintains its network operations and primary customer service center at its Los Angeles headquarters. The company also operates several call centers throughout the United States, Europe, and Asia.
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