posted
all indications from CEO as per FOT is next week
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot.
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Affordable Telecommunications Technology Corp. (Pink Sheets:ATCT) reports that it has agreed to distribute ICM Telecom's (Pink Sheets:ICMH) stored value and prepaid products. ICM Telecommunications is a national and international supplier of prepaid and stored value cards made available through its partnership with Secure Financial Solutions.
"The prepaid telecom market that we are developing is an ideal market for ICMH's prepaid and stored value cards and the ATM access they provide," says Steven H. Bethke, president and CEO of Affordable Telecommunications Technology Corp.
Doug Hamby, chairman of ICM Telecom, added, "ATCT's customers are exactly the folks who can benefit the most from our ATM card-access products."
-------------------- You can't afford to risk, what you can't afford to loose.
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posted
Bid @.0015...ask @ .017. They just need to split the difference and fill me at .0016 and then run it on up to about a penny to start our weekend off right huh??
-------------------- It's only money..We'll make more tomorrow!
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posted
great find jif, I guess that confirms FOT's conversation, with a big distributor in place they must have a nice big contract
-------------------- Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot.
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posted
Let's hope so. Well, we've all seen the report (report below) where they mention new cards sales and monthly revenue projections. Now, with this contract in place, they should be able to meet/exceed growth expectations.
RENO, Nev., Feb 22, 2005 (PRIMEZONE via COMTEX) -- ICM Telecommunications Inc. (Pink Sheets:ICMH) 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
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 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.
-------------------- You can't afford to risk, what you can't afford to loose.
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quote:Originally posted by JIF: Let's hope so. Well, we've all seen the report (report below) where they mention new cards sales and monthly revenue projections. Now, with this contract in place, they should be able to meet/exceed growth expectations.
RENO, Nev., Feb 22, 2005 (PRIMEZONE via COMTEX) -- ICM Telecommunications Inc. (Pink Sheets:ICMH) 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
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 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.
JIF.. in my very first conversation with Doug... he siad that the revenue predictions would begin in July/August! The delay was caused by VISA and the requirements that they were imposing for the card program.
Now, when I spoke with Doug on Monday of this week, he almost sounded like he was expecting me to be the attorney's as he was waiting for them to forward the signed contract. It sounded like everything was, done, the attorneys had to fax to him, he had to sign and then send back!
Now, I noticed last night that their web page is no longer working except for an UNDER CONSTRUCTION notice. This is different than what was there a couple weeks ago when I checked last!
Something big is brewing here.. which is why I added 1 mill more today at 17! The way I see it, I would rather be in at 17 with a few less shares than have to chase it when news hits, and be out of the game completely.
-------------------- 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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posted
everyday less and less people are in @ .001 and that base just keeps building. There cannot be that many people that will sell below 15 now, I think the last 3 days have weened them mostly all out. Its a new breed of us .0016s-.0018s
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