Teletouch Communications Inc (CE) (TLLEQ) News

TLLEQ SEC Suspension "due to a lack of accurate and adequate public information about the companies because questions have arisen as to their operating status, if any."

https://www.sec.gov/litigation/suspensions/2021/34-92362.pdf

Order:

https://www.sec.gov/litigation/suspensions/2021/34-92362-o.pdf

.01 hit

$TLLEQ

.002 hit

$TLLEQ

Took a starter

$TLLEQ

Any updates on this?

$TTLEQ nice Vol yesterday here~

$TLLEQ: Late day run yesterday... Crossing $0.01 this AM

Look at that end of day tape.

Its finally awakening and getting out of its SLUMBER.

GO $TLLEQ





GO $TLLEQ

$TLLEQ: Now $0.003

Goooooooooooo



$TLLEQ

$TLLEQ: And we have some running Volume... now $0.002

GOoooooooooooooooooo
Lets run hard here.



$TLLEQ

Quiet here.

I agree and doing my part to make it lighter

TLLEQ, nice DD on it, had nice range today .002-.0028, could be a nice runner soon.

$TLLEQ - PDF proof of > $12 mil revs and < 50 mil OS before BK started

$TLLEQ PDF below - Here is the last settlement filed with the courts. They still have money coming in to make settlements.

Notice that the last filings are in October of this year

Please see PDF below as $TLLEQ is still working out BK details and has filed with the courts many settlements

$TLLEQ owns this website too

http://www.progressive-concepts.com/?mobileset=0

$TLLEQ owns this website

https://www.hawkusa.com

Float very small and OS less than 50 mil Still very much in business and revenues were up over $10,000,000 per year before BK

Intriguing movement in PPS last few days

I don't understand why millions of shares sold at 0.0005 and why after TLLEQ just hit a new 52-week high 0.0022? And the same thing happened to another Q stock which just created a new 52-week high last week. Now TLLEQ is just 150% above the New 52-week low 0.0002!

Got quiet around here. Still think this one will be a massive runner any time now! There's only 10K on the ask and it's crazy thin back to .002 and beyond. Won't take much at all!

Why hundreds thousands of shares sold at 0.0007 ~ 0.0009 after the price hit the new 52-week high 0.0022 today? Anyway TLLEQ has only 49,272,733 shares OS and 70,000,000 shares AS! The 52-week price range is 0.0002 ~ 0.0022 now. Hopefully those 0.0002 ~ 0.0006 buyers had already flipped their shares today and yesterday...

A lots of Q stocks exploded during the most recent days! I called it "Q Tide" which happens in the Spring ~ Summer of every year.

The current MV of TLLEQ is almost the same with the MV of another Hot Energy Q stock at the bottom which has $109.616M Giant Assets!

Was taken back down a bit on very low volume, prolly from someone who was lucky enough to get in at .0003-.0004 and was happy enough with a 300-400% gain...can't say I blame them but do think it was a bit premature. Will prolly see .002 and new highs on about 500k of volume, give or take!

UNREAL to find any stock in pennyland trading at these levels with a 4.5mil float!

give it a bit, bids building again

Timbrrrr!!!!

correct. flippers out, next ask slap starts next leg up. thinking eod run again. TLLEQ

whats going on here?another q run?anybody know?

TLLEQ yesterdays .0005-.001 buyers getting out now, thinned her out for next leg up

TLLEQ soooo thin, launch time

TLLEQ Kaaabooom!!!!

TLLEQ is on fire for the second day! Wow, Another New 52-week high 0.0019 was just created! We should see 0.002x very soon...

TLLEQ volume coming in, .0019 new high so far

Yes, 0.0014 x 0.0016 now. Welcome to the board, my friend! The biggest volume day in history was 12/30/2013: total 4,338,897 shares traded at the price range of 0.0005 ~ 0.0009 or average price 0.0007 a share! TLLEQ should create a series of new 52-week highs in the coming days as the Q peer (GAXCQ) did this week...

most Q plays you see out there are a quick mid day pump and dump, this ole gal ran strong into close! multi day runner like gaxcq the last few days.... paper thin float of 4.5 mil, which means almost whole float exchanged .0005-.0015 here today. something cooking up nice and juicy here folks. imo gap and run TLLEQ

TLLEQ$ lets see if we can break that volume tomorrow, alot of loading eod! will be a fun run tomorrow, lots of eyes will see this beaut tonight. gl all who loaded today!

This is the 2nd highest trading day in the 20+ years this stock has traded! Something big is coming IMHO!

.0015 up and hit! This one can fly within seconds haha!

0.0013 x 0.0015 now. The 52-week high 0.0015 just hit again! 551K-0.0009 x 51K-0.001 now. Yes, even at $0.01 the Entire float only worth $48K which is ridiculous low!

You can sneeze this one to pennyland! :) Couldn't resist jumping in to see what happens. Most volume today in over 2 years!

beautiful loading zone here. trip 3 and 4 holders are selling, tomorrow next leg up...... long long legs tlleq$

510K-0.0009 x 51K-0.001 now. The next ask is 0.0019 from Paper Thin asks of Level2!

TLLEQ has much much lower float than GAXCQ --- 4.5M shares v.s 19.53M shares! Thus it is very easy to hit the penny land based on the float alone...

Huge bids support at 0.0007 --- over 1.7M shares!

Yes, Sir! Those dirt cheap 0.000xs should be gone today!

TLLEQ$ wow and i thought gaxcq$ was thin holy cow, someone loaded up today for a good run, 200% today is nothing for 4.5 milly float! got a little today lets see what happens. your license plate better be "Q master" haha you the q man

TLLEQ is on fire today! It has measly 4.5M shares FIXED Hyper Tiny float which was never heard before for a stock trading at 0.000x ~ 0.001x! Easy 10-bagger Quick rally from here...

A lots of Q stocks exploded during the most recent days! TLLEQ is just following the strong "Q Tide"...

new 6 month low will bring a few more eyes here looking for a buy...

TLLEQ is getting attension and momentum

TLLE changed to TLLEQ: Bankruptcy:

http://www.otcbb.com/asp/dailylist_detail.asp?d=10/04/2013&mkt_ctg=NON-OTCBB

TLLE: Form 15; Terminated Registration under the 34 Act; Added to NBB

http://www.otcbb.com/asp/dailylist_detail.asp?d=08/08/2013&mkt_ctg=OTCBB

To the OTC:

http://www.otcbb.com/asp/dailylist_detail.asp?d=08/08/2013&mkt_ctg=NON-OTCBB

TLLE Guided Through Current Transition by an Established Management Team

Texas-based Teletouch Communications, a long-standing communications and consumer electronics company, has been going through a significant transition, restructuring itself into becoming a nationwide communications/consumer electronics distribution leader. It’s a change made possible by the fact that the company’s management team has been with Teletouch for many years. Members of the team have an intimate knowledge of the company and the communications/electronics industry.

Refocusing a corporation can affect every operational aspect, from management and marketing, to distribution and finance. An executive team that is 100% behind the move, in addition to being able to draw on a combined familiarity with every aspect of the company’s operations, together with a long history in the industry, gives a directional change every chance of success.

The Teletouch team has enough experience working together and guiding the company through various successful acquisitions over the past decade that the chance of a misstep is greatly reduced.

• Robert M. McMurrey (Chairman, CEO) has over 25 years with the wireless industry, and has been a controlling shareholder of the predecessor to Teletouch for longer than that. He guided the company’s original expansion with the completion of 16 acquisitions, including the acquisition of PCI, the company’s major distribution arm, in 2001. He has extensive experience in acquiring, financing, and operating wireless and other companies.

• Thomas ‘Kip’ A. Hyde, Jr. (President, COO) has been with Teletouch since 2002, and was key to the restructuring, operation, and later divestiture of the Hawk Security Home & Commercial Services unit of PCI for a substantial ROI. He has far-reaching experience in corporate mergers and acquisitions, in addition to Fortune 500 senior management experience.

• Douglas E. Sloan (CFO) has been with Teletouch since 1998, and has comprehensive experience in the financial aspects of mergers and acquisitions. He also carries a CPA, and was a Sr. Auditor with Ernst & Young.

• Michael A. Dickens (SVP Operations) joined PCI, now part of Teletouch, in 1995, and has many years of experience in retail operations, marketing, and merchandising.

• Steven S. Carpenter (SVP Information Technology), one of PCI’s original employees, developed the company’s CRM, Billing, and Customer Service IT systems.

• Debbie J. Schreier (VP Human Resources), CPA, MBA, and one of the company’s longest employees, is now responsible for all company HR operations.

• Timmy Monico (Wholesale Distribution Division Head) is a 30-year veteran of the wireless and distribution industries, and is the newest addition to the team.

To learn more about Teletouch, visit www.teletouch.com

Teletouch Communications, Inc. (TLLE) Announces First Quarter FY 2013 Results and Highlights

Yesterday after the closing bell, Teletouch Communications reported its financial results and highlights for the first quarter ended August 31, 2012.

1st Quarter Results – Financial (as reported)

• Total operating revenues of $5.22 million
• Income from continuing operations of $0.38 million
• EBITDA from continuing operations of $0.60 million
• Net loss of $0.11 million
• Reduced total liabilities by $2.36 million

1st Quarter Results – Financial (adjusted for non-cash and significant non-recurring items)

• Adjusted income from continuing operations of $0.56 million
• Adjusted EBITDA from continuing operations of $0.78 million
• Adjusted net income of $0.07 million

1st Quarter Highlights – Business

• In June 2012, signed National Distribution Agreement with TCT Mobile Multinational, Limited to sell Alcatel OneTouch® branded cellular handsets. Initial inventory expected to be available by late September to early October 2012.
• In July 2012, hired 30+ year industry veteran and former head of CellStar USA, Timmy Monico, as new distribution division VP and leader of worldwide wholesale sales.
• Sold legacy Two-Way Radio/Public Safety Equipment business to DFW Communications, Inc. for approximately $1.5 million in August 2012.
• Negotiated term sheet with prospective new lender for senior revolving and term credit facilities to replace current credit facility with Thermo Credit LLC. The due diligence process started in late August 2012, with closing targeted for end of October 2012.

“As we prepare for our initial handset deliveries and the related sales growth in our wholesale distribution division, we are making solid progress in the basic blocking and tackling of running the overall business,” commented T. A. “Kip” Hyde, Jr., President, Chief Operating Officer and Director of Teletouch. “With the sale of the two-way radio and public safety equipment division, we continue to pay down debt and reduce our total liabilities. Through segment cost reductions and AT&T subscriber transfer fees, our operating income from continuing operations increased over half-a-million dollars from the same period last year to approximately $375,000 for this year’s quarter. Similarly, our net loss from continuing operations was reduced by over $600,000 from the prior fiscal year’s first quarter results. After guidance from the State, we filed a petition for redetermination and hearing, in order to facilitate and complete the process of creating a formal compromise and payment arrangement for the sales tax assessment with the State of Texas. When adjusted for non-cash stock compensation expense and other items, we generated net income of $73,000 for the quarter.”

Hyde added, “We are now substantially through due diligence with a new lender to replace Thermo Credit, with closing currently targeted for October 2012 month-end. Once closed, this new senior facility is designed to facilitate growth in our wholesale distribution segment, as well as support our ongoing cellular services segment. When combined with our latest distribution agreement with Unimax Communications for the import and sales of UMX® branded low cost CDMA handsets, we feel we are well positioned for strong performance through the back half of this fiscal year.”

A conference call has been scheduled to review the fiscal first quarter 2013 earnings on October 24, 2012, at 4:15 p.m. Eastern (3:15 p.m. Central). Investors interested in joining the call should dial 866-901-2585 or 404-835-7099. Callers will be asked to provide their first and last names, email address, and company and/or financial institution name, as applicable. Participants are advised to dial in approximately 10-15 minutes before the conference call is scheduled to begin. Management will be taking questions after their prepared remarks. The moderator will explain to participants how to queue up their questions.

To learn more about Teletouch, visit www.teletouch.com

TLLE Focused on Consumer Communications Wholesale Distribution

Teletouch Communications, a Texas-based communications and consumer electronics company, has two primary business segments:

Hawk Electronics
(retail, direct, and online sale of communications and other electronic equipment)

- 16 retail and authorized agent stores serving the Texas area
- Proprietary billing and CRM platform
- In-house technical support and call center

PCI Wholesale
(wireless products distribution to carrier agents, rural carriers, resellers, and other wholesale distributors, plus wholesale distribution to retail, sub-distribution, and large accounts)

- National and international sales to markets, including Canada, Mexico, Brazil, UK, Sinapore, and China
- Representing JVC, Sony, Magellan, Motorola, LG, Nokia, Acer, Samsung, Blackberry, Alcatel, and many more

The company’s goals for 2013 are to continue its ongoing transition to a core wholesale distribution business, focused on the following products and technologies:

• Alcatel One Touch – Branded Cellular Handsets
• Monster Digital – SD and Micro SD Cards
• Boston Amplifier – Wireless Signal Boosters
• Aerovoice/Concept 101 – ATT Branded Consumer Electronics
• PureGear – Wireless Accessories
• Parrot – Bluetooth Accessories
• Wilson Electronics – Cellular Signal Boosters
• Cellphone Mate – Cellular Signal Boosters

Teletouch has signed a number of distribution agreements, most recently announcing their first direct handset manufacturing distribution agreement with TCT Mobile, maker of the Alcatel OneTouch cellular handsets and part of one of the largest consumer manufacturing companies in the world.

To learn more about Teletouch, visit www.teletouch.com