Aggressive Traders Alert: Emerging Public Company Announces MOUs Extending VoIP Services in Ecuador!19 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/. Highlighted Links FREE Email Alert ServiceOur Home Page 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:
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