$TLNUF: NEWS JUST OUT~~Telecorp, Inc. shows progress implementing long term strategy
Oct 20, 2017
OTC Disclosure & News Service
New York, NY -
Company announces ongoing success in proving a working strategy for increasing investor value and profitable company operations.
Telecorp, Inc. (OTC Markets: TLNUF) ("Telecorp" or the "Company"
, has been able to show continued revenue generating activities that solidify the strategy that has been implemented by the management team. In early 2017, the management team and board chose to place monthly profitability and positive cashflow as its immediate priority.
This decision empowered the Company to offer business and management consulting to businesses aligned with the Companies vision. The heart of the strategy is to help businesses grow revenues and create long term success in the marketplace. This core business activity was implemented in both internal companies and external businesses. The recent acquisition of Softsmart 2.0 has also begun to show positive cashflow for the Company due to the increased focus of developing the immediate cashflow opportunities.
As a result of this ongoing strategy, Telecorp, Inc., has been able to operate completely without incurring new debt or offering new stock options. This has allowed new activities and long term planning in acquiring new businesses and pursue new business ventures.
Telecorp, Inc., CEO Jason Cataldo says, "Since we have been able to implement this strategy, the day to day operations have become more streamlined and efficient. This has allowed us to completely focus on creating new opportunities without adding ongoing debt or hindrances to long term investor value."
The Board thanks the Company's shareholders for their ongoing trust as the Company implements the strategies and vision to provide better value for its stockholders. The Board stands fully behind the new leadership team as they continue to implement the vision of creating a robust and profitable Company.
About Telecorp Inc.
Telecorp, Inc. is a North American emerging technology company headquartered in New York, New York, with operations in over six countries. The company was formally incorporated on April 13, 2009 in the Province of Ontario, Canada.
Since 2016, Telecorp has shifted its business focus and strategy to pursue acquisitions in high-value, digital technologies in proven markets. As a part of this business transition, The Company began screening a number of potential acquisitions that would broaden services, products and talent into the Company.
Companies that will be considered for acquisition are required to have 3 main qualities: they must be progressive and established in the digital marketplace, they are built upon innovative or disruptive technology and, they also must be able to scale both quickly and profitably.
Telecorp's planned offerings are in the categories of digital video and animation production, e-health communications, media entertainment, e-travel services, hi-tech manufacturing, mobile-optimized product solutions, technology consulting and social analytics, data and design including CRM and ERP implementation and customization, e-magazine editorials and campaigns, and end-to-end solutions for hard asset portfolio management, among others.
Safe Harbor Statement
Except for historic information contained in this release, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital to execute its business plan, and effectively compete against similar companies.
For further information, please contact:
Telecorp Inc.
Investor Relations E: ir@telecorpdigital.com
T: +1-(917)-397-0750
W: http://www.telecorpdigital.com
Copyright © 2017 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
https://www.otcmarkets.com/stock/TLNUF/news/T...70&b=y
Oct 20, 2017
OTC Disclosure & News Service
New York, NY -
Company announces ongoing success in proving a working strategy for increasing investor value and profitable company operations.
Telecorp, Inc. (OTC Markets: TLNUF) ("Telecorp" or the "Company"
, has been able to show continued revenue generating activities that solidify the strategy that has been implemented by the management team. In early 2017, the management team and board chose to place monthly profitability and positive cashflow as its immediate priority. This decision empowered the Company to offer business and management consulting to businesses aligned with the Companies vision. The heart of the strategy is to help businesses grow revenues and create long term success in the marketplace. This core business activity was implemented in both internal companies and external businesses. The recent acquisition of Softsmart 2.0 has also begun to show positive cashflow for the Company due to the increased focus of developing the immediate cashflow opportunities.
As a result of this ongoing strategy, Telecorp, Inc., has been able to operate completely without incurring new debt or offering new stock options. This has allowed new activities and long term planning in acquiring new businesses and pursue new business ventures.
Telecorp, Inc., CEO Jason Cataldo says, "Since we have been able to implement this strategy, the day to day operations have become more streamlined and efficient. This has allowed us to completely focus on creating new opportunities without adding ongoing debt or hindrances to long term investor value."
The Board thanks the Company's shareholders for their ongoing trust as the Company implements the strategies and vision to provide better value for its stockholders. The Board stands fully behind the new leadership team as they continue to implement the vision of creating a robust and profitable Company.
About Telecorp Inc.
Telecorp, Inc. is a North American emerging technology company headquartered in New York, New York, with operations in over six countries. The company was formally incorporated on April 13, 2009 in the Province of Ontario, Canada.
Since 2016, Telecorp has shifted its business focus and strategy to pursue acquisitions in high-value, digital technologies in proven markets. As a part of this business transition, The Company began screening a number of potential acquisitions that would broaden services, products and talent into the Company.
Companies that will be considered for acquisition are required to have 3 main qualities: they must be progressive and established in the digital marketplace, they are built upon innovative or disruptive technology and, they also must be able to scale both quickly and profitably.
Telecorp's planned offerings are in the categories of digital video and animation production, e-health communications, media entertainment, e-travel services, hi-tech manufacturing, mobile-optimized product solutions, technology consulting and social analytics, data and design including CRM and ERP implementation and customization, e-magazine editorials and campaigns, and end-to-end solutions for hard asset portfolio management, among others.
Safe Harbor Statement
Except for historic information contained in this release, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital to execute its business plan, and effectively compete against similar companies.
For further information, please contact:
Telecorp Inc.
Investor Relations E: ir@telecorpdigital.com
T: +1-(917)-397-0750
W: http://www.telecorpdigital.com
Copyright © 2017 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
https://www.otcmarkets.com/stock/TLNUF/news/T...70&b=y
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