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Today's Daily Double Stock (OTCBB:SPAL)


From: Daily Double Stocks
Subject: Today's Daily Double Stock (OTCBB:SPAL)
Date: Wed, 28 Jan 2004 21:29:14 -0500

  Stock Profile
Company Name    Spantel Communications, Inc.
Stock Symbol    OTCBB: SPAL
Current Price    $0.37
Shares Outstanding    22,159,000
Approx. Float     3,841,000
   
 
  SPAL Highlights
1 SPAL, amongst the fastest growing alternative telecommunications carrier in Spain.
2 SPAL’s net sales increased 43% to $16,434,795 from $11,496,723 in the fiscal year 2003.
3 SPAL will post profit of $1,242,231 or approximately $.055 per share, in the fiscal year 2003, versus a loss of $1,802,664 or $.10 per share in 2002.
4 SPAL has achieved four consecutive profitable quarters.
5 Fiscal year 2003, first profitable year after four years of business.
6 SPAL has over 300,000 customers and SPAL aims to continue to grow and to become one of the four main telephone operators in Spain.
7 SPAL has agreement with British Telecom, the UK’s largest telephone company, for network capabilities.
8 SPAL’s Management Team and Board of Directors has been with SPAL since inception.
 
  Corporate Profile

SPAL is a provider of discount long distance telephone service and is headquartered in Fuengirola, Spain. SPAL had been headquartered in Madrid, Spain from its inception until November 30, 2002 when all executive activities were relocated. SPAL markets services primarily to a broad base of customers that includes small to medium enterprises and larger corporations, governmental entities, educational institutions, and residential consumers. SPAL was created with the mission of becoming the leading alternative operator in the Spanish telecommunications market.

SPAL believes that they can become an industry leader by (1) developing, marketing and delivering the premier discount long distance service in the industry through sales and service-driven organization; and (2) leveraging their industry experience and strategic relationships within the telecommunications arena to provide themselves with competitive advantages in the areas of telecommunications acquisition and distribution, call management and maintenance, sales, marketing and customer services. SPAL’s philosophy is to grow by investing in marketing, and delivering their services rather than investing substantial resources in costly centralized facilities or buying market share through premium-priced acquisitions.

SPAL has ancillary proprietary products and services to enhance their customer base in order to achieve maximum penetration and revenue. These products and services include (1) SPANTECNICA(R), a service providing in-house technical support and equipment sales/installations of telephone equipment and end user systems, and (2) SPANPOWER(R), a discount residential electricity provider serving the one-kilowatt market (which will be available upon deregulation).

SPAL has conducted substantial research of the discount long distance industry. SPAL has also engaged various professionals to assist in areas of industry and competitive analysis, strategy formulation and corporate development. In a short period of time, SPAL has attracted a well-regarded and experienced management team and board of directors with executive management and entrepreneurial credentials as well as significant telecommunications industry experience. SPAL has also developed several strategic relationships within the industry that they believe uniquely position themselves to capitalize on the growing demand for discount long distance services.

 
  Press Release

Spantel Communications Expands into Pre-paid Calling Cards

FUENGIROLA, Spain, Jan 28 / PRNewswire-FirstCall/ - Spantel Communications, Inc. (NASDAQ-OTCCBB: SPAL)(OTC Bulletin Board: SPAL), a provider of telecom services within Spain, announced today that it has expanded its network capabilities and will begin operations into the lucrative sector of pre-paid calling cards on February 2, 2004. The company recently installed the equipment to route the calls for this division and have made the necessary adjustments soit will be compatible with Spantel's proprietary billing system. With the pre-paid calling card market in Spain is estimated to be in € 250,000,000 ($300,000,000) it is projected that this division will become an integral component in Spantel's growth strategy.

Spantel's president, Jose Ramon Basterra said "Our entry into this sector is pivotal in our overall business strategy. As Spain is one of the most frequented travel destinations within Europe, the pre-paid calling card will be a welcomed by both the business and leisure traveler in meeting their telecommunications needs. The pre-paid calling card will also appeal to the general population as a way of saving money through a lower rate structure and as compared to the long distance rates currently charged to their mobile phone". He went on to say "We expect the revenues generated by calling cards will greatly enhance our current financial position and quite possibly surpass land line revenues in a short period of time"

Spantel Communications, Inc. is a provider of telecommunications services throughout Spain. To learn more about Spantel, visit the Company's website at http://www.spantel.es .

Except for historical information contained herein, the statements in this release are forward-looking and 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 the Company's actual results in future periods to differ materially from forecasted results. Those risks include, among other things, the competitive environment in the telecommunications industry in general and in the Company's specific market areas, inflation, changes in costs of goods and services and economic conditions in general. Those and other risks are more fully described in the Company's filings with the Securities and Exchange Commission.

Contact: Mr. Robert Carlin +1.804.967.9665

SOURCE Spantel Communications, Inc.(NASDAQ-OTCBB:SPAL)

 
  The Future

SPAL's goal for the next fiscal year is to internally grow their existing customer base through their marketing plan. This marketing plan features a combination of services to build revenues both with existing and new customers. This campaign is designed to enhance customer service and to both entice and hold customer loyalty. Additionally, SPAL is pursuing the acquisition of similarly situated telecommunications companies, primarily in Spain.SPAL also expects to continue the development of its telephone and other communications products to incorporate technical changes and improvements. SPAL has contracted with Uni 2, BT, among others, to purchase telephone time. The contracts are variable by the number of minutes used and the point-to-point destination of the call. The contracts are priced under market at present. SPAL has negotiated better prices and more facilities with these suppliers. This means a high reduction of the current prices and therefore, an increase in current margins.

SPAL intends to continue to reduce total personnel employed by the Company without reducing the scope or quality of services provided. SPAL is negotiating with their banks to reduce the current commissions and other financial fees incurred during the previous year. SPAL is restructuring the Company's operations to include four business areas (enterprises, local residential customers, foreign residential customers and other business). SPAL is seeking to convert existing shareholder loans to equity to increase their overall capitalization.

 
  Conclusion

Excerpt from 1/14/04 press release:

Jose Ramon Basterra, President of Spantel, commented, "The Company's improved performance in the fourth quarter and throughout fiscal 2003 was primarily attributed to streamlining our expenses and larger margins due to declining traffic costs." Mr. Basterra continued, "Going forward, we plan to expand the practices we successfully applied during the past fiscal year while implementing additional aspects of our strategic plan to enhance profitable growth and shareholder value."

 
Important Disclaimer and Information:

Verify all claims and do your own due diligence. Daily Double Stock Reporter (DDSR) profiles are not a solicitation or recommendation to buy, sell or hold securities. DDSR is not offering securities for sale. All statements and expressions are the sole opinion of DDSR and are subject to change without notice. The companies that are discussed in this opinion have not approved the statements made in this opinion. This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. The words "may" "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. This profile is not without bias, and is a paid advertisement. DDSR is not liable for any investment decisions by its readers or subscribers. DDSR is not a registered broker dealer or investment advisor. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. The information contained in DDSR profiles is provided as an information only service. The accuracy or completeness of the information is not guaranteed and is only as reliable as the sources from which it was obtained. Investing in micro cap stocks is extremely risky and, investors are cautioned that they may lose all or a portion of their investment if they make a purchase in SPAL. DDSR has been compensated 1,000,000 free trading shares of SPAL, of which 500,000 shares has been paid by Almond Inc., a third party, and 500,000 shares by Radisson Corp, also a third party. THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK. We encourage our readers to invest carefully and read the investor information available at the web sites of the Securities and Exchange Commission ("SEC") at http://www.sec.gov and/or the National Association of Securities Dealers ("NASD") at http://www.nasd.com. We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at http://www.sec.gov/consumer/cyberfr.htm. Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site. DDSR intends to sell all or a portion of theSPAL stock at or about the time of publication of this report. Subsequently DDSR may buy or sell shares of SPAL stock in the open market. Since DDSR has been compensated there is an inherent conflict of interest.


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