posted
TelePlus Enterprises, Inc. ("TelePlus") (OTC: TLPE) is a vertically integrated provider of wireless and landline products and services across North America that owns 39 TelePlus branded stores in major shopping malls selling a variety of wireless and portable communication devices. The Company's retail division, TelePlus Retail Services, Inc., owns and operates a national chain of TelePlus branded stores in major shopping malls, selling a comprehensive line of wireless and portable communication devices. TelePlus Wireless, Corp. operates a virtual wireless network selling cellular network access to distributors in the United States. TelePlus Connect, Corp. is a reseller of landline and long distance services including Internet services.
-2005 -- Expect revenues of $18.5M (compared to $12.4M in 2004) and earnings before interest, depreciation and amortization (EBITDA) of $250K.
- Multiple key acquisitions since December 2004. Once all acquisitions are closed Teleplus' revenue run rate is expected to reach $36M and earnings (before taxes) in excess of $2M. *(Does not include latest acquisitions of Canada Reconnect or Avenue Reconnect). -The company's two latest acquisitions are Freedom (closed its acquisition on April 1st) and Telizon (within the next 150 days). These acquisitions would accelerate the Company’s original business plan by 18 months. http://www.primezone.com/newsroom/?d=75742 - Closes Acquisition of Keda Consulting Corp. and Freedom Phone Lines; Revenues to Increase by $2.5 Million and Earnings by $300,000 (4/4/05) http://www.primezone.com/newsroom/?d=75598 - To Acquire Canada Reconnect (Intends to close acquisition by July 1st) in Deal to Increase Revenues by $5.4M and Contribute $1.0M to Earnings Before Taxes. (4/14/05) http://www.primezone.com/newsroom/?d=76217 - To Acquire Avenue Reconnect in Deal to Increase Revenues by $1.1M and Contribute $200k to Earnings Before Taxes (4/21/05) http://www.marketwatch.com/tools/quotes/newsarticle.asp?siteid=mktw&sid=1581339&guid=%7BBE2D5ADD%2DFAB8%2D4364%2D8A52%2DCEC7001ABECA%7D&symb
- Continued expansion in two new markets. The company intends to increase the number to 70 of TelePlus branded stores by 2007. http://www.primezone.com/newsroom/?d=75046
- The Company is evolving in the fastest growing consumer segment in history -- the wireless industry -- with specific exposure in retailing and network access.
This information was compiled on Monday May 2, 2005 with recent updates. At this point I (personally) would not rate TLPE as a buy since I (personally) believe it will go below 0.2 even with all the good news. I believe the next few months will be a little shaky, but by the end of this year this thing will turn around since the company should be reporting positive EBITDA and profits! This is no pump and dump, nor a short-term play, but a great long-term investment. The company is now ahead of its long-term plan with a real experienced management that has enabled Teleplus to become a serious competitor in the fastest growing industry in history! Do your DD and you will realize that TLPE should be a great investment in an industry that has such amazing potential. Not to mention TLPE’s chart with an all-time high of over $4!! Good luck and good trading.
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A friend got an alert for teleplus enterprises (tlpe)... big buy in the future:
I got it on an "Alert" from Scottrade.
Wall Street, NYC, May 27, 2005 (M2 PRESSWIRE via COMTEX) -- Today, wallstreetgrapevine.com, named; TelePlus Enterprises Inc. (OTC BB: TLPE), UniverCell Holdings Inc. (OTC BB: UVCL), Dial Thru International Corp. (OTC BB: DTIX), and Level 3 Communications Inc. (Nasdaq NM: LVLT); their "Stocks on the Rise."
Posts: 26 | From: Paris | Registered: May 2005
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The CEO answeres a few questions that many of us having been wondering:
Dear TelePlus Shareholders,
Mr. Silvasan has taken the time to answer a sampling of questions that have been posted on this site.
How much stock was issued for the Freedom purchase?
964,706 shares were issued to the Freedom shareholders. All shares are “restricted” pursuant to rule 144 of the SEC.
Can you explain all this good news we have been hearing and the price of the stock keeps going down?
We are experiencing short term market inefficiencies which should correct itself over time.
Is TelePlus positioning itself to be a takeover target?
No
Will you consider a stock buy back to prop up share price?
Our strategy is continuing execution of our Business Plan notwithstanding short term inefficiencies in the price of our shares. Management responsibility is to create long term value for shareholders which will be reflected overtime in the value of our shares.
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TelePlus Closes Acquisition of Avenue Reconnect; Revenues to increase by $1.1M and earnings -- Before Taxes -- by $200k 6/3/2005 8:00:09 AM
MONTREAL, Jun 3, 2005 (PRIMEZONE via COMTEX) -- TelePlus Enterprises, Inc. (TLPE) (http://www.teleplus.ca), a vertically integrated provider of wireless and landline communications products and services across North America, is pleased to announce today that it has closed the acquisition of Avenue Reconnect, Inc. ("Avenue") announced in a release dated April 21st, 2005.
CUSTOMER BASE TO INCREASE BY 60%
As part of the transaction, Avenue will be rolled into TelePlus Connect Corp. ("TelePlus Connect") increasing that subsidiaries customer base by 2,000 bringing it to 5,300 users.
The closing of this latest acquisition is the third this year. Keda Consulting and Freedom Phone Lines were closed April 1st. The Company has also entered into definitive agreements for the acquisition of Canada Reconnect and Telizon earlier this year. These two remaining acquisitions are expected to be closed within 120 days subject to the company obtaining necessary financing and completing its due diligence.
SCHEDULED ACQUISITIONS TO INCREASE REVENUE RUN RATE TO $37M
The Company's recently announced acquisitions are part of a plan to leap frog its original revenue and earnings objectives by 18 months. Assuming closure of all acquisitions the Company's revenue run rate is expected to increase to $37M while earnings (before taxes) are expected to increase by $3.2M.
Avenue currently provides local, long distance and Internet prepaid services to over 2,000 residential users primarily in Ontario, Canada. The transaction calls for TelePlus to pay a cash consideration valued at $560k to the shareholders of Avenue in exchange for 100% of Avenue's shares.
"We are delighted to have closed the acquisition of Avenue" stated TelePlus CEO Marius Silvasan. "The completion of this latest transaction is in line with our corporate objectives. Assuming closure of the two remaining acquisitions we anticipate our revenue run rate to increase to $37M and our earnings (before taxes) to increase by $3.2M and this without any organic growth," added Silvasan.
"We are excited to have concluded the transaction with TelePlus," said Avenue's President, Damon Winney. "I believe our customers and our company will gain through this transaction, "added Winney.
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