ICM Telecom CEO Updates Shareholders on Latest Operational Status Tuesday February 22, 10:30 am ET
RENO, Nev., Feb. 22, 2005 (PRIMEZONE) -- ICM Telecommunications Inc. (Other OTC:ICMH.PK - News) reported today that its President & CEO, Doug Hamby, has issued the company's latest operational report to shareholders. The full text of his message follows:
ADVERTISEMENT February 22, 2005
Dear Fellow Shareholders:
During the month of February, ICM Telecommunications, after overcoming several operating roadblocks common to any early stage company, particularly with a newly launched business plan, began selling its stored value debit cards. At this time, we expect that by month's end the company will have put in operation approximately 15,000 to 20,000 cards, at an average revenue level of $4 per card.
In addition to our domestic working relationship with Ohio-based Sutton Bank, the company earlier this month was proudly able to commence offering international VISA electronic cards through the Global Bank of Commerce, headquartered in Antigua, in the West Indies. To better differentiate our product lines, especially since we may invest in telecommunications-related projects in the future, we have chosen to identify our card offerings as ICM Network, and set up a separate web site at http://www.icmnetwork.com where consumers may access a broad range of services.
Approximately 20 Independent Sales Organizations (ISOs) are helping us to penetrate stored value debit card markets internationally. The cards currently being issued are for users in Canada, the United Kingdom, Australia, the Philippines and China.
We anticipate revenues of $50,000 to $75,000 for the month of February 2005. Thereafter, we anticipate the March revenue level to approximate $150,000 to $200,000, and by April to be above $300,000 per month. This number should level out to some 50,000 cards per month issued, with residual income derived from the reloading of previously issued cards. A significant portion of new and re-occurring revenues will be reflected in our company's bottom line performance.
We sincerely appreciate the patience of shareholders as we work 24/7 to implement programs that hold the promise of significantly higher revenue levels on a monthly basis. During the fine-tuning periods the past six weeks, we are pleased to report that demand has remained constant, with no lost orders of any consequence, merely postponed.
Our sales partners believe in our program, and in the potential of ICM Network, to meet and exceed their needs, and we are especially grateful to our network of ISOs for their unflagging support of our exceptional product offerings in the debit card marketplace.
We intend to report regularly on significant new card program business, as well as its impact on our company's top and bottom line performance in the months ahead. We appreciate your continued support, and believe it will be handsomely rewarded as we move forward in executing our business plan.
Sincerely,
Doug Hamby President & CEO ICM Telecommunications Inc.
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Is this more of a hold or a quick flip? Just getting to the charts now and mostly I have been holding stocks not doing the quick flip thing.
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I'm right there with you on the PLNI FO2 and I'm in this one as well that's why I was wondering if it is a quick flip I don't want to tie up too much of my funds for the PLNI dip that may be coming
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I am betting that the big white candle forming today will cause Ameri Bulls to change to "Buy Confirmed"...
The chart is looking great and the volume is also looking sweet! This one avgs between 5 - 10 million... and we are already at the low end with 1/2 the day left!
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Barcharts has the short term indicator at 60% buy..... Buy Low... Sell High!
ICMH - ICM TELECOMM INC (OTC)
Date Open High Low Last Change Volume % Change 06/02/05 0.0012 0.0015 0.0012 0.0015 +0.0002 4240000 +15.38%
Composite Indicator Trend Spotter TM Sell
Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Hold 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 60% - Buy 20-Day Average Volume - 8990510
Medium Term Indicators 40 Day Commodity Channel Index Hold 50 Day Moving Average vs Price Buy 20 - 100 Day MACD Oscillator Sell 50 Day Parabolic Time/Price Sell
Medium Term Indicators Average: 25% - Sell 50-Day Average Volume - 4403938
Long Term Indicators 60 Day Commodity Channel Index Hold 100 Day Moving Average vs Price Sell 50 - 100 Day MACD Oscillator Sell
Long Term Indicators Average: 67% - Sell 100-Day Average Volume - 3323289
Overall Average: 8% - Sell
Price Support Pivot Point Resistance 0.0013 0.0008 0.0012 0.0016
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Found a little DD...seems to have a fairly low float!
ICMH -- ICM Telecommunications Inc. Com ($0.001)
Address: 980 9th St. Suite 1600 Sacramento, CA 95814 USA
Phone: 916-449-9597
Business Description: Not Available
State of Incorporation: DE
Officers: Doug Hamby, CEO
Outstanding Shares: 100,000,000 as of 2004-01-28
Estimated Market Cap: Not Available
Current Capital Change: shs decreased by 1 for 20 split Ex-Date: Record Date: Pay Date: 2002-01-24
Dividends:
Company Notes: Formerly=Reflexor, Inc. until 7-98 Formerly=Advanced Bodymetrics Corp. until 1-02
Class Notes: Capital Change=shs decreased by 1 for 140 split. Pay date=07/27/1998. Spin-Off=0.25 sh Extreme Media, Inc. Com for every 100 shs Com held. Ex-date=1-27-03. Rec date=1-29-03. Pay date=2-1-03
Transfer Agent: First American Stock Transfer, Phoenix, AZ 85022-6200
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ICM Telecommunications Retains Stock Charter Group to Assist With Market Making and Stock Accumulation Strategies Monday November 22, 9:30 am ET
RENO, Nev., Nov. 22, 2004 (PRIMEZONE) -- ICM Telecommunications (Other OTC:ICMH.PK - News) today announced that it has retained the services of the Stock Charter Group for market making and stock accumulation strategies.
Stock charter Group also helped ATCT and they went from below 0.01 to over 0.06!
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The chart looks great. the MACD just crossed today and will run for a couple of days. The CMF is positive, the Stochs and Rsi are diverging positive..
This one should see the mid 30's! Todays volume increse will set off some alarms and will bring some more action in tomorrow. This moves well on smaller volume so, tomorrow should be fun to watch!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
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The chart looks great. the MACD just crossed today and will run for a couple of days. The CMF is positive, the Stochs and Rsi are diverging positive..
This one should see the mid 30's! Todays volume increse will set off some alarms and will bring some more action in tomorrow. This moves well on smaller volume so, tomorrow should be fun to watch!
Also note what happened the last time the pps crossed the 20dma (Middle Bolli band) back in early May....
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
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Short Term Indicators 7 Day Average Directional Indicator Buy 10 - 8 Day Moving Average Hilo Channel Buy 20 Day Moving Average vs Price Buy 20 - 50 Day MACD Oscillator Buy 20 Day Bollinger Bands Hold
Short Term Indicators Average: 80% - Buy 20-Day Average Volume - 9031770
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)
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![[Big Grin]](biggrin.gif)
now let her rock.
