INNOTELCO, Inc. Begins Trading Under the Symbol ILCO MONDAY, MAY 02, 2005 9:01 AM - BusinessWire
ILCO
TORONTO, May 02, 2005 (BUSINESS WIRE) -- INNOTELCO, Inc. (NASDAQ - Pink Sheets: ILCO), a marketer and distributor of telecom hardware and network solutions, today announced it has begun trading its shares on the NASDAQ Pink Sheets under the symbol "ILCO."
According to Ross Sehovic, CEO, "INNOTELCO, Inc. has positioned itself to enter the multi billion dollar communications market in Europe, specifically in the emerging growth markets of Eastern Europe, where our distribution network and prospects for rapid growth are the strongest. Due to our high quality products, we have already created a strong base for expansion in the region. Our structure is set up to grow at a very quick rate, without the growing pains experienced by other companies in our sector."
"We look forward to the opportunities and embrace the challenges of building our shareholder value in the years to come," added Mr. Sehovic.
About INNOTELCO, Inc.
INNOTELCO is a telecom hardware supplier, specializing in servicing emerging markets looking to expand telecommunications networks. Their products range from indoor and outdoor coaxial cables and accessories, to fiber optics and switching equipment. In the past, the Company has worked with both private and public sectors, participating in major government tenders, and offering viable solutions to private contractors of all sizes. INNOTELCO, Inc. prides itself on being able to offer quality telecom hardware solutions for any project, regardless of size or scope.
The Company's low overhead costs and strong regional relationships, coupled with established marketing/distribution concerns in Eastern Europe, present the opportunity to become a leading supplier in the region. INNOTELCO's manufacturing relationships in China provide the liquidity and scalability to capitalize on this, and other opportunities or demands presented, without the burden of high fixed costs. The Company foresees rapid growth of its business in the coming years, and views expansion into Europe as the first step in achieving this. INNOTELCO, Inc. has been marketing itself throughout the region by attending industry conferences and expos. To increase product recognition and develop important partnerships and alliances, the Company will be participating in key industry trade shows.
The Company has offices in Toronto, Canada, Zagreb, Croatia, and Beograd, Yugoslavia, with warehousing facilities in Sarajevo, Bosnia Herzegovina.
SOURCE: INNOTELCO, Inc.
INNOTELCO, Inc. Ross Sehovic, 416-565-0043
Copyright Business Wire 2005
Posts: 4337 | Registered: Dec 2003
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Business Description: Innotelco Inc. is a marketer and distributor of telecom hardware and network solutions.
State of Incorporation: WY
Officers: Ross Sehovic, Pres., CEO, & Dir.; Radomir Popovic, Sec't., Treas., & Dir.
Outstanding Shares: Not Available
Estimated Market Cap: Not Available
Current Capital Change: shs decreased by 1 for 10 split Ex-Date: Record Date: Pay Date: 2005-04-05
Dividends:
Company Notes: Formerly=International Platinum Corp. until 10-95 Formerly=International Precious Metals Corp. until 4-05 Note=3-28-05 Jurisdiction of Incorporation Ontario changed to Wyoming
Class Notes: Capital Change=shs decreased by 1 for 10 split. Effective date=10-23-95
Transfer Agent: Standard Registrar and Transfer Co., Inc., Draper, UT 84020
But I have to say that they have been in a nice upwards move ment for the last couple days, with nice volume. I think they have something going her. I'll put in a buy at .004, and see if I can pick-up 50,000. I also checked out the web site could prove to be a good play in the near future. GLTY, and hope to be celebrating with you soon.
-------------------- Time will give you what you want! Posts: 253 | From: Pennsylvania | Registered: May 2005
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You're right Joe, but time will give you what you want. I had some cash lying around from the MMIC run last week, which I still hope to pick up more of this week, so I need to hide it some where. It'll be alright, I'm not skeerd. You gotta have some sort of backbone, and broad shoulders in this business.
-------------------- Time will give you what you want! Posts: 253 | From: Pennsylvania | Registered: May 2005
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"We are using this trip to connect with our distributors who have lined up meetings on our behalf with prospective customers and officials in regard to possible contracts. This tour is a precursor to our trip to China in October, and we feel confident that it will yield positive results," said Ross Sehovic.
"INNOTELCO -- Building Bridges for Communication"
Posts: 4337 | Registered: Dec 2003
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Check out the market cap here joe. The O/S gotta be pretty low. Have a clue ast to what it is? Enter Symbol: Find Symbol Dow NASDAQ S&P 500 10,465.38 9.17 2,117.88 1.46 1,217.08 1.42
Last Price Day Change Volume Market Cap Click here to customize chart 0.004 0.00 (-6.98%) 10.1M 9,044.00 Day Range Bid Price Ask Price Previous Close PE Ratio 0.0039 - 0.0048 n/a n/a 0.0043 n/a 52 Week Range Bid x Ask Size Open Price EPS 0.0001 - 6.19 0 x 0 0.0048 n/a Quotes and charts are 15 minutes delayed.
-------------------- Time will give you what you want! Posts: 253 | From: Pennsylvania | Registered: May 2005
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today is tommorrow joe, think we should pick-up more on the dips? Think I'll try. I had some open orders yesterday that didn't fill. Maybe today lol!
-------------------- Time will give you what you want! Posts: 253 | From: Pennsylvania | Registered: May 2005
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Innotelco Management Returns From Successful European Trip Thursday September 29, 3:00 pm ET
TORONTO--(MARKET WIRE)--Sep 29, 2005 -- INNOTELCO, Inc. (Other OTC:ILCO.PK - News), a marketer and distributor of telecom hardware and network solutions returned to North America after concluding successful meetings with manufacturers and prospective clients.
ADVERTISEMENT This trip to Europe and especially to the IFA Berlin Trade Show has reinforced the company's objectives in meeting its goal to cover the southeastern European markets. The company used this opportunity to explore the idea of expanding into new areas.
Management met and held discussions with several manufacturers during the Trade Show visit. The outcome of these discussions are that Innotelco is currently negotiating two Letters of Intent for exclusive distribution rights, one with an Asian manufacturer and one with a manufacturer from the southeastern region of Europe.
"We will be conducting research into the North American market and pursue the feasibility of carrying the products manufactured from the southeastern region of Europe," said Ross Sehovic, CEO.
At the conclusion of the Trade Show, Management moved on to visit several countries and held meetings with clients.
"INNOTELCO - Building Bridges for Communication"
About Innotelco, Inc.
Innotelco is a telecom hardware supplier, specializing in servicing emerging markets looking to expand their telecommunications networks. Innotelco products range from indoor and outdoor coaxial cables and accessories to fibre optics and switching equipment.
Safe Harbor Statement
This press release contains forward-looking statements as defined in the Securities Litigation Improvements Act of 1996. The words "believe," "expect," "estimate," "project" and similar expressions define forward- looking statements, which speak only as of the date the statement was made. Innotelco, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise. Forward-looking statements are currently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated in, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the Company's ability to meet its projected growth, the effects of government regulation, competition and other material risks.
Contact:
Contact: Innotelco, Inc. Ross Sehovic 416-259-8444
Source: Innotelco, Inc.
Posts: 4337 | Registered: Dec 2003
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-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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Havin another breakout day here..watch for resistence at .007...
still may be a little to risky getting in here at these levels but i am bullish on this stock...
Reason for the movement up--A promo play that did not turn out to well and the individual who bought up all the shares ended up selling his entire position and knocking into sub penny land and now is turning around...
-------------------- Buy the silence-Sell the noise SFTV.004-.0075 AVNT.0018-.0033 FPPL.0034-.03 WEGI. My new Call Posts: 3100 | From: Louisiana | Registered: Apr 2005
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