Latest Phonetime Inc (PHOEF) Headlines Tellza
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Tellza Announces Completion of Acquisitions of AGK Consulting and Tel3 Communications
Marketwire - Tue Nov 12, 7:48AM CST
Tellza Communications Inc. (formerly, Phonetime Inc.) ("Tellza") (TSX: PHD) announced today that it completed the acquisition of the assets of both AGK Consulting and Tel3 Communications.
Phonetime Shareholders Approve Acquisitions of Technology and Operations of AGK Consulting, Inc., U.S. Retail Telecommunications Business of Netel, Inc.
Marketwire - Fri Oct 25, 3:34PM CDT
Phonetime Inc. (TSX: PHD) announced today that, at the annual and special meeting of shareholders of the Company held yesterday, the Company received the requisite approval of shareholders to do the following:
IIROC Trade Resumption - Phonetime Inc.
Newsfile Corp - Tue Sep 17, 7:26AM CDT
Trading resumes in:
IIROC Trade Halt - Phonetime Inc.
Newsfile Corp - Tue Sep 17, 7:24AM CDT
The following issues have been halted by IIROC:
Phonetime Announces Agreements to Acquire the Technology and Operations of AGK Consulting, Inc. and the U.S. Retail Telecommunications Business of Netel, Inc.
Marketwire - Tue Sep 17, 7:16AM CDT
Phonetime Inc. (the "Company") (TSX: PHD) is very pleased to announce that it has signed an asset purchase agreement for the acquisition by the Company of the software technology assets and operations of AGK Consulting, Inc. ("AGK"), a Florida-based company, which owns the software which the Company has been licensing and using since 2007 to operate its business. Management of the Company believes that the Company is now at a stage where it is important that it acquire and own this software to provide it control of the distribution of this software and technology into the market place.
Phonetime Expands Its Senior Bank Facility to $3,500,000
Marketwire - Tue Aug 27, 3:02PM CDT
Phonetime Inc. (TSX: PHD) announced today that it has renewed its senior debt facility with Royal Bank of Canada. The facility has been increased from $2,500,000 to $3,500,000, subject to customary collateral provisions. The borrowing costs under the new facility have also been reduced from base plus 3.75% per annum to base plus 2.5% per annum, or a 1.25% rate reduction. The senior debt facility will continue to have a first charge over all of the assets of Phonetime and contains other customary covenants.
Phonetime Reports Financial Results for the Six Months Ended June 30th, 2013
Marketwire - Mon Jul 29, 3:31PM CDT
Phonetime Inc. (TSX: PHD) announced today 2nd quarter results for 2013. Revenue for the quarter ended June 30th, 2013 was $39.8 million compared to $24.5 million in 2012, an increase of 62% year over year. For the six months ended June 30th, 2013 revenue was $73.8 Million compared to $48.2 million, an increase of 53% year over year. Net income for the six months ended was $1.2 million compared to $0.6 Million in 2012. At June 30th, 2013, Phonetime had cash reserves of $2.7 million and available borrowings of an additional $2.5 million. Phonetime assets were $24.8 million and shareholder's equity was $12.4 million.
Phonetime Reports First Quarter Results For 2013
Marketwire - Fri May 10, 8:01AM CDT
Phonetime Inc. (TSX: PHD) announced today its 1st quarter results for 2013. Revenue for the quarter ended March 31, 2013 was $34 Million compared to $24 Million in 2012, an increase of 44% year over year. Net income was $403,000 compared to $335,000 in 2012. At March 31, 2013, Phonetime had $1.2 million in cash, available borrowings of an additional $2.5 million and remained debt free. Total assets at the quarter end were $23.6 million and shareholders' equity was $11.6 million.
Phonetime Earned Net Income of $0.02 Per Share for Each of 2012 and 2011
Marketwire - Thu Mar 21, 6:42PM CDT
Phonetime Inc. (TSX: PHD) announced today its audited consolidated financial results for 2012.
Phonetime Provides Financial Update Net Income of $0.02 Per Share for 2012
Marketwire - Fri Jan 11, 4:02PM CST
Phonetime Inc. (TSX: PHD) announced today its unaudited preliminary financial results for 2012.