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Daaaaaaaaamn, it's risky! I saw it bounced back to 09
Good luck dude! I see everyone think it's a fake and there is suppose to be some confirmation this morning claiming it's not. If it's a fake, you bet your a$$ i'm gonna jump in this.
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yep.. .think about how many more eyes are on this stock now. if its a FAKE yesterday, the ride over .20 is gonna come fast... if it is real the ride down is gonna blow. LOL
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honestly i have no idea. ive heard from a reputable source that got me in on this since Aug 6th that its all BS and they are going to fix it today with a p/r... so ill go by that for now.
if its true Marani must be p'oed they have been working for over 2 years to come public and have huge things lined up. Found a perfect shell with perfect share structure imo. 400 share RS is just insane imo. I would not want this on my rap sheet and i believe there is no r/s . but then again what do i know, most companies could care less
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notice also in the p/r there is no contact info. says source at the bottom is teletek, but in the P/R the name says it's changed to Marani. LOL
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apparently there was contact on an etrade p/r that came out yesterday check this out--->
PRESS RELEASE: Teletek, Inc. Announces Reverse Split and Name Change
Dow Jones & Company, Inc. "DJNS Original Stories "
LAS VEGAS, Oct. 2 /PRNewswire-FirstCall/ -- On August 31, 2007, Teletek, Inc. (Pink Sheets: TLTK) ("the Company") notified its shareholders that it was effecting a 400 to 1 reverse split and change in its name to a name to be determined by the Board of Directors ("the Board") at a later date. The Board subsequently changed the Company's name to Marani Spirits International, Inc.
The Company has submitted information to obtain a new trading symbol which will reflect the 400 to 1 reverse split and new name. The symbol has not yet been issued.
Forward-Looking Statements
Statements contained herein that are not historical facts are forward- looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, the Company's ability to obtain additional financing and the demand for the Company's products. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.
posted
ok just got off the phone with ivan. he said theyve been getting phone calls today regarding this and they have no affiliation whatsoever with Teletek and he said they are trying to figure out how their name appeared on the p/r. They have been in contact with Marani and he said the company will issue a p/r to clear this up!!! WOW
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That's good that someone picked up and said a PR is coming out because if one does come out saying the R/S was false, then this will gap up tomorrow morning and run for sure.
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quote:Originally posted by Homersbud: Haaaaaa, my post was 2 mins before yours!
That's good that someone picked up and said a PR is coming out because if one does come out saying the R/S was false, then this will gap up tomorrow morning and run for sure.
yeah BUT thats the p/r contact on there so who the heck knows. i would expect the company to put one out right away and say opps sorry. so i dunno
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I picked up a handful of lotto tickets at .065. If the PR comes out, quick double or more. If not, it's already had its R/S crash so I shouldn't lose much.
-------------------- Me Trade Pretty One Day.
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I read some sh!t over at i-hub about people calling that same number and some lady picking up saying the company put out a PR yesterday. Of course, I don't know if there is any truth to it, but maybe that explains the drop now?
You're right Kermit....PR AH will be an easy double for ya...Good luck dude!
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LOL WOW i don't know what to say anymore. check this out what a load of crap!!!! and it looks like Marani backed out now b/c of this crazyness!
PR NEWSWIRE) Teletek, Inc. Warns of Possible Abuses on Message Boards Teletek, Inc. Warns of Possible Abuses on Message Boards
LAS VEGAS, Oct. 3 /PRNewswire-FirstCall/ -- Increased trading volume and price movement has recently come to the attention of Teletek, Inc. (Pink Sheets: TLTK) (hereinafter "the Company") which prompted a press release yesterday and an additional release today of the following corporate statement: It is currently believed, though not known, that recent trading activity in the Company's stock is the result of extreme speculation by persons who hope to achieve financial gain without understanding or discussing certain financial fundamentals regarding stock valuation or complex legal issues involved in mergers or acquisitions. The Company currently has no assets, no operations, and no revenue. While the Company is pursuing business opportunities, there can be no guarantee that such opportunities will be found, or if found, obtainable by the Company. Successful business development often requires financial, managerial, and market resources far beyond what the Company currently has available. The Company has not authorized anyone to comment on any attempts to develop relationships with other businesses. The Company has not entered into an agreement to acquire or merge with another business enterprise. It is currently not known when, if ever, the Company will be able to benefit from current efforts to engage in one or more business endeavors. Persons on message boards implying otherwise may be doing so for their own financial gain at the expense of others. The Company recently learned that some posts had the Company doing business with Redwood Capital (not correct), doing business in China (not correct) and later doing business in Turkey (also not correct). "Cutting" information from one source and "pasting" it in a message board about the Company does not constitute a business relationship, let alone a legally defined merger or acquisition transaction. To imply otherwise is misleading and may be designed to create a frenzy for message board participants and day traders who then become blinded to common sense. Any material agreements to obtain funding or acquire assets or operations will, in the "normal course of business," be accompanied by a press release regarding such. To buy or sell stock on any other basis is to engage in a very high degree of speculation and conjecture. Consequently, the Company refers persons interested in the Company's trading to carefully consider educational information provided by the Securities and Exchange Commission, which has commented on this subject by stating: "The Internet serves as an excellent tool for investors, allowing them to easily and inexpensively research investment opportunities. But the Internet is also an excellent tool for fraudsters. That's why you should always think twice before you invest your money in any opportunity you learn about through the Internet ... "Online bulletin boards -- whether newsgroups, usenet, or web-based bulletin boards -- have become an increasingly popular forum for investors to share information. Bulletin boards typically feature 'threads' made up of numerous messages on various investment opportunities. "While some messages may be true, many turn out to be bogus -- or even scams. Fraudsters often pump up a company or pretend to reveal 'inside' information about upcoming announcements, new products, or lucrative contracts. "Also, you never know for certain who you're dealing with -- or whether they're credible -- because many bulletin boards allow users to hide their identity behind multiple aliases." The Company joins with the SEC in encouraging common sense considerations when investing in the public markets. Any information disseminated that is not authorized by an issuer may be entirely false, or so lacking in completeness that omissions make it materially misleading, and utilized by the disseminator to advance undisclosed financial or other agendas. Incorrect information, whether "positive" or "negative" about a company, is still incorrect information and can hurt naive or unsophisticated investors. The Company has no desire, nor agenda, to have market interest built upon rumor mills and message boards where the participants hide behind an electronic wall of anonymity. It is, however, a matter which public companies cannot control. Public companies are not required to, and from a practical standpoint simply cannot, monitor countless message boards and chat rooms for incorrect, incomplete, or misleading information. The Company, like any company, cannot, and will not, police the world wide web. The Company reiterates today that the NASD has not yet assigned a new trading symbol for the Company, which symbol will implement a name change and reverse split of the Company's common stock. Contact: Tim Bradford of Mercantile Ascendency 214-461-3500 SOURCE Teletek, Inc.
Contact Information: Tim Bradford of Mercantile Ascendency, +1-214-461-3500 *** end of story ***
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"The Company reiterates today that the NASD has not yet assigned a new trading symbol for the Company, which symbol will implement a name change and reverse split of the Company's common stock. Contact: Tim Bradford of Mercantile Ascendency 214-461-3500 SOURCE Teletek, Inc."
So does that or does that not imply a R/S? I have no idea what to think now.
-------------------- My opinion is only that.
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quote:Originally posted by JJMoneyman: "The Company reiterates today that the NASD has not yet assigned a new trading symbol for the Company, which symbol will implement a name change and reverse split of the Company's common stock. Contact: Tim Bradford of Mercantile Ascendency 214-461-3500 SOURCE Teletek, Inc."
So does that or does that not imply a R/S? I have no idea what to think now.
It's a R/S. They are just waiting for their new symbol which NASD has to create.
posted
one more thing, just had too. gotta love this such BS..
ysterdays p/r-> "The Board subsequently changed the Company's name to Marani Spirits International, Inc. "
todays pr-> "The Company has not authorized anyone to comment on any attempts to develop relationships with other businesses. The Company has not entered into an agreement to acquire or merge with another business enterprise."
well im green till .000000 so i guess thats good. just pissed i had 7500 more bucks yesterday. tough road this is man,,,UGH
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