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Aggressive Traders Alert: Emerging Public Company Announces MOUs Extending VoIP Services in Ecuador!18 November 2005
Wall Street News Alert's "stocks to watch" this
morning are: Interlink Global Corp., (OTC: ILKG), SIRIUS Satellite Radio
(NASDAQ: SIRI), Lucent Technologies (NYSE: LU) and Motorola Inc. (NYSE: MOT).
Interlink Global Corp., (OTC: ILKG) could still be a target of aggressive
investors and day traders! Recently the company issued a press release
announcing that it has executed and begun the implementation of a
Memorandum of Understanding with Metrocel, S.A., located in Quito, Ecuador
to provide retail broadband and VoIP services throughout the country.
The company's press release should be welcomed by investors, as the company
states that the forthcoming contract will be a joint venture between
Metrocel and Interlink, developing a project to provide broadband and VoIP
telephony services to 600 Internet kiosks located around the country. Each
kiosk will house 5 telephone lines, and will offer consumers in Ecuador the
ability to access broadband and telephone services.
Continue to watch this company! According to the press release, the joint
venture, when implementation of the entire project is complete, anticipates
recognizing gross annual revenues of $600,000, with net income per year
reaching $300,000 (Metrocel and Interlink will share revenues on a 50-50
basis after Interlink recovers all infrastructure costs). Each kiosk will
use proprietary technology, including the softphone, specifically designed
for these projects by Interlink. A similar service is being currently
rolled out in the United States through Interlink's joint venture with Blue
Wireless & Data, of Dallas/Ft. Worth, Texas, which is beginning service
this week.
Investors should continue to monitor the progress of Interlink Global! In
describing the Metrocel joint venture, Mr. Severino Rivano, Vice President
of Interlink, stated: "This contract represents a further extension of our
business model of providing VoIP services to the international market to
include the consumer market. Most exciting is that we have other
negotiations ongoing in the same international consumer service space with
providers in other countries, which we should be announcing in the very
near future."
Prior to the press release, the stock closed yesterday at $1.55 a share.
In case you are not familiar with the company: Interlink Global, founded in
2002, provides telecommunication solutions around the world. As a leader in
hosted VoIP telephony services, Interlink Global is currently doing
business in North America, South America, Europe and Asia. Interlink Global
provides
SIP-based broadband telephony solutions, WiFi, WiMax, Marine Satellite
Services, calling cards, and other enterprise services internationally.
Interlink Global, using VoIP technology, provides long distance telephone
services, with full features, at prices that are greatly reduced in
comparison with traditional telephone companies. The company's website is
http://www.interlink-global.com/.
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Stocks showing interesting activity yesterday at the close of the regular
trading day were: SIRIUS Satellite Radio (NASDAQ: SIRI) up 3.2% on 64.7
million shares traded, Lucent Technologies (NYSE: LU) down 0.3% on 22.4
million shares traded and Motorola Inc. (NYSE: MOT) up 1% on 14.6 million
shares traded.
Commentary:
"The Commerce Department noted that sales, up by 0.6% in September, were
greater than inventories by 0.1%. Some analysts say that retailers will
keep a tight control on inventories for the holiday shopping season as a
good but not great shopping season is anticipated," stated Sonja Rudd in
Wall Street News Alert's daily commentary continued at:
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