posted
$2,000,000 contract and jusr retired 1 billion shares i beleive they are now 250 million o/s now someone check it out and let me no what they think.
Thanks and good luck
-------------------- Derek S Posts: 2270 | From: andalusia, IL, USA | Registered: May 2004
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quote:Originally posted by stnkng1: $2,000,000 contract and jusr retired 1 billion shares i beleive they are now 250 million o/s now someone check it out and let me no what they think.
Thanks and good luck
I own it and will continue to watch it for a while. I think they have good things to come.
Posts: 1077 | Registered: Sep 2005
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posted
has anyon loked at the chart lately? seems we have made the golden cross. what's up with that.http://stockcharts.com/def/servlet/SC.web?c=ilco,uu[w,a]daclyiay[dc][pb50!b200][vc60][iut!Ub14!Le12,26,9]&pref=G
-------------------- Time will give you what you want! Posts: 253 | From: Pennsylvania | Registered: May 2005
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Recently, Innotelco relocated its office from Belgrade to the town of Kovin to be closer to the advantages provided by Free Zone Kovin. The company has also expanded its management staff by appointing a representative to negotiate terms with the authorities of Free Zone Kovin and act as a liaison in the Balkan region that encompasses Bulgaria, Romania, Slovenia, Croatia, Serbia and Montenegro, Bosnia and Herzegovina and the rest of central Europe.
There are several advantages that will become available to the company through its move to establish a warehouse and distribution facility in the area of Free Zone Kovin. The area is centrally located providing excellent access via the river Danube that connects the Black Sea to the rest of Central and Western Europe. The transcontinental highway that runs from Amsterdam to Istanbul is located 5km from Kovin.
There are generous economic advantages offered to companies that locate their operations in Free Zone Kovin. "Innotelco has taken the step of relocating its office to Kovin and by doing so, will be able to offer its products at very competitive prices," said Ross Sehovic, CEO. "The company has spent time and energy in researching the advantages that this move will provide. In essence we are moving to a Tax Free Zone, which makes good business sense."
Further, "By appointing a representative to liaise on the company's behalf, this will allow me to concentrate the company's focus on Asia and the sub-continent."
About Free Zone Kovin
Near Belgrade, the capitol of Serbia and Montenegro and the biggest business, university and cultural centre of Serbia, Free Zone Belgrade is founded as a modern company which is developing free zones in Belgrade, Smederevo and Kovin.
Free Zone Kovin was founded in 1992 and after the decision of the Federal government has a status of a free zone. By the decision of the Federal Customs Office from 1996, it was granted status of a free zone. Founders and the present stockholders of the free zone are Free Zone Belgrade and the Municipality of Kovin.
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: Innotelco, Inc. Ross Sehovic 416-259-8444 Website: www.innotelco.comPosts: 88 | From: US | Registered: Sep 2005
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posted
This one looks great... it is trading in a channel and we hit the bottom today so we are headed up from there... They are setting up shop in a tax free zone to deliver all the product that there clients have ordered. Has huge upside potential!!
-------------------- Keep on Diggin!! Posts: 662 | From: nj | Registered: Jan 2004
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posted
well I think there was a concern that they might go with cornel or some other form of toxic financing. But there was an email writen to some people on another board assuring the investers that they would not use toxic financing. So when a pr is released confirming that financing is set up it will take away the uncertanty the investers may be feeling. At that point they will have the dough to fill those masive orders they have been landing. 2.2 million for one and I belive another 4 mil over the next 2 years... wow ...tons of potential for this company to grow. And they are looking into asia and soon the US for further possibilities.
-------------------- Keep on Diggin!! Posts: 662 | From: nj | Registered: Jan 2004
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posted
Just came off the show list....if all those shorts bailed it would seem they think this is going higer. Maybe they will be entering on the other side of the market and be picking up some shares now.
-------------------- Keep on Diggin!! Posts: 662 | From: nj | Registered: Jan 2004
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posted
Feels like todays the day for some upward movement.... this stock usually moves well at the end of the month. 4 out of 5 months it has had a big run. So today or tomaro could show us some green!
-------------------- Keep on Diggin!! Posts: 662 | From: nj | Registered: Jan 2004
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posted
INNOTELCO Announces Contract With AB TECHNICS 11/29/05
TORONTO, Nov 29, 2005 (MARKET WIRE via COMTEX) -- Innotelco, Inc. (OTC: ILCO), a marketer and distributor of telecom hardware and network solutions, announces today that the company has signed a contract with AB Technics.
Innotelco is pleased to announce that the Letter of Intent (LOI) signed with AB Technics for US$D 4.7 million over a two year period is now a firm contract with initial orders to commence in 2006. The contract calls for Innotelco to supply AB Technics with products for use in their reconstruction projects. One of the projects completed in the past was the building of a US Embassy in Bosnia and Herzegovina and they are currently working on the construction of a new parliamentary building for the government in Sarajevo. AB Technics is also a front-runner in providing reinforcement of the telecommunication network in Bosnia and Herzegovina.
"Innotelco is proud to be associated with a company that is at the forefront of the reconstruction program after the war," said Ross Sehovic, CEO. "AB Technics has positioned itself to be on the leading edge of the latest technology by investing in up to date machinery and equipment." Further, "Innotelco's Vice-President of Sales and Marketing will be leaving for Europe to meet with Senior Management of AB Technics to finalize contract details in early December."
About AB Technics
AB Technics is a private company that was founded in 1991 under the name "Termostroj" and since 1995 has been operating under the present name of "AB Technics". They specialize in design engineering, turn-key projects and execution of all phases of work. Of the 230 staff members employed by the company technical staff make up one third of their employment force. The Company's head office is located in Sarajevo, along with one branch office and warehouse facility.
AB Technics is a well-known development company in the region that has been part of the EC reconstruction programme in Bosnia and Herzegovina for the last twelve years. This programme was under the European Commission and World Bank auspices, with the support of the European Commission.
Contact: Mr. Haris Babic, General Manager E-mail: adiselma*bih.net.ba Telephone: +387(0)33713360
"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.
posted
did good today. From what I hear they have a habit of releasing pr's in pairs and they release on tuesdays and thursdays. This is just what I heard and I have not checked it out but if it is true perhaps there will be another pr tomaro. One thing that is great is that they don't release pr's about nothing, like a lot of pennies. Just solid company advancement.
-------------------- Keep on Diggin!! Posts: 662 | From: nj | Registered: Jan 2004
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posted
Innotelco Negotiates With Free Zone "Kovin" A.D. Friday December 2, 1:00 pm ET
TORONTO--(MARKET WIRE)--Dec 2, 2005 -- Innotelco, Inc. (Other OTC:ILCO.PK - News), a marketer and distributor of telecom hardware and network solutions, announced today that negotiations are progressing with Free Zone "Kovin" A.D. to establish warehouse and distribution facilities. ADVERTISEMENT
"I am very pleased to announce that our representative has made excellent progress and is close to obtaining favourable concessions from Free Zone 'Kovin' A.D. for our consideration. Specifically, due to an agreement reached between the Municipality and an investor to build a new harbour worth EUR250,000,000, part of a total investment of EUR600,000,000, this area has gained greater importance," said Ross Sehovic, CEO.
Further, "The Company's corporate marketing strategy has exceeded our expectations. The recent trip to Europe produced results that far exceeded the Company's expectations. We have received numerous invitations from private and government corporations to participate in the upgrading and restructuring of the Southeastern and Eastern region of Europe. This has prompted the company to look into cost-effective ways of realizing our marketing strategy. Our Vice President of Sales and Marketing is meeting with officials to finalize negotiations before the end of the year."
There are excellent transportation capabilities available via the river Danube, which forms part of the golden connection of rivers. The Rhine-Main-Danube-Waterway forms the link between the mouth of the Rhine into the Northern Sea and the mouth of the Danube into the Black Sea (Similar to St. Louis, MO, USA). An Excellent network of transcontinental (interstate) highway that connects Kovin to the rest of Europe, which runs from Amsterdam to Istanbul, goes directly by Kovin. The nearest airport located less than 60km away, forms the final link to access the Free Zone "Kovin" area.
About Free Zone "Kovin" A.D.
Free Zone Kovin was founded in 1992 and after the decision of the Federal government has a status of a free zone. By the decision of the Federal Customs Office from 1996, it was granted status of a free zone. Founders and the present stockholders of the free zone are Free Zone "Belgrade" and the Municipality of Kovin.
Located near to the greater Belgrade area, (with approximately over 3 million citizens) the capitol of Serbia and Montenegro and the business centre of the Balkan region (Bulgaria, Romania, Albania, Macedonia, Bosnia i Herzegovina, Greece, Croatia and Serbia and Montenegro) Free Zone "Kovin" A.D. is founded as a modern 21st century company.
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.
posted
news just out --- up a little with a lot of room to run!!!!!
TORONTO, Jan 25, 2006 (MARKET WIRE via COMTEX) -- INNOTELCO, Inc. (ILCO) , a marketer and distributor of telecom hardware and network solutions, announces signing of an Exclusive Supplier Agreement with Fenghua Yuguang Electron Wire & Cable Manufacturing Co. Ltd.
Innotelco and Fenghua Yuguang have signed a final agreement for Fenghua Yuguang to be the exclusive supplier of cable and cable products for Innotelco in the Southeastern Region of Europe. We believe that this agreement gives the company a better edge in developing business in the Balkan Region above our expectations. Innotelco has been able to negotiate suitable terms to meet the needs of the company and its clients and increase the profitability of our already signed contracts.
"Due to the signing of this agreement, I strongly believe that Fenghua Yuguang is the manufacturing company who can follow us and be part of our business plan and tender process for the future," said Ross Sehovic, CEO.
"The Southeastern European Region imports over half a billion euros of telecommunication equipment annually, and Innotelco has been successful in obtaining signed contracts. We at Fenghua Yuguang look forward to supplying them on these deals and to continue with our very beneficial relationship by working with Innotelco in any capacity to fulfill these contracts. We believe that Innotelco has received from us very advantageous terms and this will contribute to a durable business relationship," (Blank Zhang, Fenghua Yuguang).
About Fenghua Yuguang Electron Wire & Cable Manufacturing Co. Ltd.
The company manufactures cable products for the European, Middle East, and many other markets around the world. They have the technical ability to test products to quality standards manufactured in their factory.
The Fenghua Yuguang Electron Wire & Cable Manufacturing Co. Ltd. is located in Ningbo in the middle of China's coastline and in the south of Yangtze Delta. Ningbo is divided from Shanghai by the Hangzhou Bay and has grown into one of the four International deepwater harbours in China.
"INNOTELCO - Building Bridges for Communication
Posts: 238 | From: Us | Registered: Aug 2005
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posted
I'm in at .0028. Any idea were this may go? Is this short, mid or long term?
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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posted
lol, well, stop it...puh-leeze.. That "old info" is historical data; plus, the more threads on one stock, the more confusing; plus, plus, more bandwidth...
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