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Author Topic: TCLL ..Posted profit for 1st quarter...Low float...$56,000,000 1st qtr
dreamer_rick
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TCLL has reported prfit and revenues .. + chart looks good to me ..low float but I think it's ready to run
Company Information

Tricell Inc Website Annual Report
6 Howard Place Stoke-on-Trent Phone: +44 8707 53-2360
Staffordshire ST1 4NQ

Fax: n/a


Tricell, Inc.. The Group's principal activity is to supply and distribute mobile telephones, telephone accessories and electronic commodities. The Group handles wireless products manufactured by technology companies such as Nokia, Motorola, Sony Ericsson, Kyocera, Samsung, Siemens, Panasonic, NEC and Toshiba. The customers of the Group include wireless network operators, resellers, retailers and wireless equipment manufacturers. The Group distributes the commodities in the United Kingdom, Netherlands, Belgium, Hong Kong, France and Other countries.


TRICELL, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS


March 31,
2005 December 31,
(Unaudited) 2004

ASSETS

CURRENT ASSETS
Cash $ 481,866 $ 6
Inventory 1,477,834 —
VAT receivable, net 196,626 43,691
Notes and loans receivable 1,128,454 57,798
Receivable from shareholder 58,063 59,534
Accounts receivable, net 20,820,941 503,939
Prepaid expenses and other current assets 78,726 256,809


Total Current Assets 24,242,510 921,777

MACHINERY AND EQUIPMENT, NET 49,777 53,542

INTELLECTUAL PROPERTY, NET 70,463 77,064


TOTAL ASSETS $ 24,362,750 $ 1,052,383



LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)

CURRENT LIABILITIES
Income taxes payable $ 2,919,879 $ 2,888,672
Accounts payable 23,074,577 1,163,701
Accrued expenses and other current liabilities 1,202,079 1,253,902
Line of credit 979,611 —


Total Current Liabilities 28,176,146 5,306,275

STOCKHOLDERS’ EQUITY (DEFICIT)
Common stock 93,753 93,753
Additional paid-in capital 314,757 314,757
Retained deficit (4,504,010 ) (4,833,911 )
Accumulated other comprehensive income 439,610 368,391
Deferred compensation (157,506 ) (196,882 )


Total Stockholders’ Equity (Deficit) (3,813,396 ) (4,253,892 )


TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 24,362,750 $ 1,052,383


The accompanying notes are an integral part of these financial statements

F-1


--------------------------------------------------------------------------------


Table of Contents



TRICELL, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
THREE MONTHS ENDED MARCH 31, 2005 AND 2004
(Unaudited)


2005 2004
SALES $ 56,265,752 $ 4,308,161

COST OF SALES 55,487,564 4,229,964


GROSS PROFIT 778,188 78,197

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 560,156 600,544


INCOME (LOSS) FROM OPERATIONS 218,032 (522,347 )

OTHER INCOME (EXPENSES)
Interest expense and other financing costs (4,456 ) (42,875 )
Interest income 286 —


Total Other Income (Expenses) (4,170 ) (42,875 )


INCOME (LOSS) BEFORE INCOME TAXES 213,862 (565,222 )

INCOME TAX (EXPENSE) BENEFIT (103,284 ) 86,976


NET INCOME (LOSS) $ 110,578 $ (478,246 )


EARNING PER SHARE - BASIC AND DILUTED $ — $ (0.01 )


WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC AND DILUTED $ 93,726,031 $ 93,539,359


The accompanying notes are an integral part of these financial statements

F-2


--------------------------------------------------------------------------------


Table of Contents



TRICELL, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
THREE MONTHS ENDED MARCH 31, 2005 AND 2004
(Unaudited)


2005 2004
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss) $ 110,578 $ (478,246 )
Adjustments to reconcile net income (loss) to net cash provided by (used) in operating activities:
Depreciation and amortization 7,189 40,520
Amortization of deferred compensation 157,504 —
Changes in operating assets and liabilities:
(Increase) decrease in:
Inventory (1,488,027 ) —
VAT receivable (155,076 ) 1,395,449
Accounts receivable (20,469,671 ) (70,386 )
Other receivables (796,761 ) —
Prepaid and other current assets — 49,094
Increase (decrease) in:
Accounts payable and accrued expenses 22,057,121 (17,756 )
Other current liabilities (22,352 ) —
Income taxes payable 103,284 (86,975 )

Net Cash Provided By (Used in) Operating Activities (496,211 ) 831,700



CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sale of machinery and equipment — 159,674
Cash paid in acquisition of ACL — (137,724 )
Loans to third-parties (166,555 ) (450,743 )
Loans to shareholder — (24,842 )

Net Cash Provided by (Used In) Investing Activities (166,555 ) (453,635 )



CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in line of credit 986,368 —
Repayment of long-term debt — (70,206 )
Repayment of loan to third-parties 56,759 —

Net Cash Provided by (Used In) Financing Activities 1,043,127 (70,206 )


NET INCREASE IN CASH 380,361 307,859

EFFECT OF EXCHANGE RATE ON CASH 101,499 1,865

CASH, BEGINNING OF PERIOD: 6 183,241


CASH, END OF PERIOD: $ 481,866 $ 492,965



SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:
Interest paid during the year $ — $ 42,874

Income taxes paid during the year $ — $ —


SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Shares issued as deferred compensation $ — $ 315,010



TCLL -- Tricell, Inc.
Com ($0.001)

Address:
6 Howard Place
Stoke-on-Trent
Staffordshire, ST1 4NQ
United Kingdom


Phone: 011 44 8707 53 2360


Business Description: Not Available

State of Incorporation: NV


Officers:
Andre Salt, CEO; Robert Stone, Pres.; Albert Amritanand, Sec't.

Outstanding Shares: 93,500,000 as of 2004-01-07

Estimated Market Cap: Not Available


Current Capital Change:
shs increased by 20 for 1 split
Ex-Date: 2003-07-28
Record Date: 2003-07-28
Pay Date: 2003-07-28

Dividends:

Company Notes:
Formerly=4forGolf, Inc. until 7-03


Transfer Agent:
Signature Stock Transfer, Inc., Plano, TX 75093

http://eol.edgar-online.com/edgar_conv_html/2005/07/05/0000950134-05-012851.html#FIS_TOP_OF_DOCUMENT


Chart:
http://stockcharts.com/def/servlet/SC.web?c=tcll,uu[w,a]daclyyay[dc][pc20!d20,2!f][vc60][iut!Uh14,3!La12,26,9]&pref=G

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Dreams are not goals if you don't take an action

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tic_toc
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Good call!
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kt325ci
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no kidding. Shares are really hard to get. I got my first partial at .035 and then I'd raise my price, get another partial and they'd uptick it.
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tic_toc
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http://www.tricellinc.com/Articles.asp?Level=2&Parent=0&ArticleID=4

Financial Snapshot

Tricell’s revenues have grown from £ 121.7 million in 2000 to £130.7 million in 2001 and to £431.4 million in 2002. Margins were and remain thin (Net profit before tax of £1 million in 2000 fell to £515,000 in 2001 before recovering strongly to £6 million in 2002) and trading can be volatile over the course of each year. However, the underlying growth of handsets and connections worldwide have helped Tricell enjoy strong performance despite estimates of the handset market declining in Western Europe in 2003 by about 10% in volume terms.

The business has always generated positive cash flow every year of its operations. The business is debt free.

Revenues

After a difficult 2003 and 2004 which saw revenue decrease from $700 million to US$100 M due to working capital constraints (caused by the withholding of VAT repayments by UK Customs & Excise to this sector), 2005 is now poised for a marked performance improvement.

UK Customs & Excise have implemented the processes and procedures they believed necessary and are no longer unduly withholding VAT repayments. Tricell anticipates its revenues will now return to US$500m-$700m.

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dreamer_rick
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up 100 % now and very hard to get shares

--------------------
Dreams are not goals if you don't take an action

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dreamer_rick
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up 136 % and now the ask at 60 x69

--------------------
Dreams are not goals if you don't take an action

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dreamer_rick
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up 150 % 65 x 70

--------------------
Dreams are not goals if you don't take an action

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kt325ci
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.065x.07

Now I'm laughing at myself for being cheap and placing that order at .026. Should of just tried .035 to beging with.

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tic_toc
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.07 x .09
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kt325ci
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.085x.09
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dreamer_rick
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up 161 % 85 x 90 boooom

--------------------
Dreams are not goals if you don't take an action

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dreamer_rick
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up 227 % bara bing bara bang bara booom
[Big Grin]

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Dreams are not goals if you don't take an action

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dreamer_rick
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up 263 % baaam
.08 x .12 [Big Grin] [Eek!] [Wink]

--------------------
Dreams are not goals if you don't take an action

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kt325ci
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wow...this bad boy exploded. The high volume, pps increase and financials should get this noticed tomorrow.

We should have a nice gap up in the morning.

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tic_toc
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18 month ago this stock was trading at $2.
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Mike White
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And I hope in 18 hours it will be back at $2 [Wink]

I managed to buy 70,000 shares from .053 -.09

I kept having to change my limit order so it took alot of work to get those shares.. lol

I did sell onev to buy this and I used "unsettled funds" so I hope I hope this stock will still be up there in 3 days.. I always screw myself over using unsettled funds I hope it is different this time.

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madmoney
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dreamer_rick : nice catch rick. a quick glance at the financials looking pretty good! may see some REAL action on this one. again good call!!
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kt325ci
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Hey Mike,

My sentiments exactly! I know $2 would be nice but I'd settle for $1. LOL

I bought 102K between .035-.06 and then another 13K @ .10 before the bell. Shares were crazy hard to buy. I kept having to cancel orders and replace them after only getting partials.

Once again, Thanks to dreamer_rick for the post.

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kt325ci
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Even at the current price it seems like a steal.

100 million OS * $.10 gives us a $10,000,000 marketcap

They had sales over $50,000,000 in only one quarter and had a profit.

It appears that business is good and hopefully the CEO will issue some PR's soon.

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kt325ci
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.10x.12 so far in premarket
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kt325ci
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.12x.18 they have a huge spread right now.
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kt325ci
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Here is Level 2. They are keeping a nice spread to prevent buying.

BID
1x.09
1x.078
2x.077
1x.075

ASK
1x.13
1x.14
1x.18
2x.20

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kt325ci
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It closed at .12 up 20% today but It'll need more volume to get moving.

A PR discussing Q1 along with future guidance is needed ASAP.

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Mike White
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Wow! No volume at all so far today... Guess I just got to wait and see what happens.
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kt325ci
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I sold all my shares of this. The company is difficult to get a hold of and I'm a little ticked off that they didn't issue a PR about the 1st Quarter results. I still think it could have some huge gains but they need to do something to bring in investors.

They also listed the wrong number of outstanding shares on the 10Q. Here is the info I just received from their transfer agent.

Tricell Industries

Outstanding: 124,295,877 shares

Authorized: 500,000,000 shares

Denise Bogutski
signaturestock@aol.com

Signature Stock Transfer, Inc.
2301 Ohio Drive Suite 100
Plano, TX 75093
Tel: 972 612-4120
Fax: 972 612-4122

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Sapper
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Income statement
http://finance.yahoo.com/q/is?s=tcll.pk
FTS

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Mike White
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Why did they release this on a Saturday??
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Mike White
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Does anyone have any feedback on this stock? This looks to me like this may be a long term hold. I still own shares and am debating what to do. Do you see this stocl going anywhere anytime soon?

Any feedback is appreciated!

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Mike White
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This stock will fly in about a month or so when they post their next quarter data. They have profit!! Yes the "P" word!

At this price this is a steal. Do your DD... This looks like a great buying oppertunity. These shares are had to get since the float is so low

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HILANDER
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are they OTCBB or el pinko mundo?

--------------------
If it wasn't for bad luck I'd have no luck at all.

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Mike White
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Primary Venue: Pink Sheets

Look at their quarterly financial reports. The companys income is almost back at their 2002 levels. then look at the stock charts and see the share price for 2002!

This is a steal at this price...

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HILANDER
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cool, thanks Mike, I'll check 'er out. Don't know if I will jump or not. Swore I would never own another pinkie. OTCBB is as close as I will get. But this does look interesting enough for me to maybe break my new rule.

--------------------
If it wasn't for bad luck I'd have no luck at all.

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Mike White
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The reason they reported a loss the past year is due to back VAT taxes that needed to be paid or somehting like that. Now that the VAT issue has been resolved the company is back to making profit. I think the share price will soon reflet a profitable company.
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Mike White
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I am personaly holding 82,000 shares. I am waiting for this to rocket up, which should be at next PR or in a month or so when they release their next quarter financial report. There is no reason not to buy this stock!!
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Mike White
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This is a buying time... Buy and hold for a month...
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