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Elephant Talk Communications Corp. Message Board

sirius_yomama_2 92 posts  |  Last Activity: Feb 5, 2016 9:51 AM Member since: Sep 24, 2003
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  • Looking at linkedin...there is no mention of ETAK on Turner's credentials. It could be that he has not updated it since Or it could be that his involvement in Capital Angel has something to do with it. I have a feeling that his association with this Angel Seed Financing company has something to do with VS sale.....it might be them or an affiliate of them that has purchased the division.

  • sirius_yomama_2 sirius_yomama_2 Feb 5, 2016 9:47 AM Flag

    Tim Payne is from VZ....His connections there has something to do with that. It was wise to leave him be to maintain that customer instead of a BS position as this point of CEO.

  • sirius_yomama_2 by sirius_yomama_2 Feb 5, 2016 8:30 AM Flag

    Recent departure explains the slow progression of PR on what is going on...and it seems there is road blocks to progress that Turner deems necessary to remove. It's exciting and nerve racking at the same time. His position is not an immediate necessity but I hope Turner is not creating a mutiny to a point that we will have inefficient number of management to run the company.

    Any thought behind his departure? Could be related to the sell of VS and where he stood? Hopefully we can get rid of the CFO and get a U.S. based candidate that is familiar with the wall street.

  • Reply to

    Impatient investor hitting sell button

    by sirius_yomama_2 Feb 1, 2016 11:30 AM
    sirius_yomama_2 sirius_yomama_2 Feb 1, 2016 3:38 PM Flag

    I told him that and they were upset about this delays as well. They said that they have been advising them to release updates and to stay away from what previous management did in this regards. They said their hands are tide as well but these couple of material things need to be worked out....he is hoping by mid week or end of this week we will have something.......

  • Reply to

    Impatient investor hitting sell button

    by sirius_yomama_2 Feb 1, 2016 11:30 AM
    sirius_yomama_2 sirius_yomama_2 Feb 1, 2016 3:27 PM Flag

    wc..you need to call the IR. Every vest individual should. I just did. So the deal is still being worked on and there are working through a couple of material events before releasing any update. The 10 days for the additional 1.5M might be extended because of this.

    I tried to see if I can get a better sense who it might be or in what sector the buyer from...the guy said financial....hmmmm

  • Reply to

    Impatient investor hitting sell button

    by sirius_yomama_2 Feb 1, 2016 11:30 AM
    sirius_yomama_2 sirius_yomama_2 Feb 1, 2016 2:45 PM Flag

    Cmon Ja! you know you like your "other" cheeks hurt sometimes too. Don't be shy....come out of the closet #$%$! lol

  • Reply to

    Impatient investor hitting sell button

    by sirius_yomama_2 Feb 1, 2016 11:30 AM
    sirius_yomama_2 sirius_yomama_2 Feb 1, 2016 12:04 PM Flag

    That's smart...buy the fear.....I am doing a little shopping too. Not sure if this is someone who is fed up or just a group shaking the tree....

  • sirius_yomama_2 by sirius_yomama_2 Feb 1, 2016 11:30 AM Flag

    Friday and Today......sad freaking situation we are in!

  • Reply to

    Yowza App updated

    by steveforkel Jan 25, 2016 4:33 PM
    sirius_yomama_2 sirius_yomama_2 Jan 30, 2016 4:19 PM Flag

    SPDL needs to put more emphasis on merchant services processing where it holds one of only handful of platforms with comprehensive capability. Do know why they are so deep into couponing where there is a short hurdle to entry. I believe they might have just done that with recent acquisition and partnership. Its about time to hear something from the management!

  • Reply to

    Potential Buyer for ValidSoft could be

    by sirius_yomama_2 Jan 28, 2016 10:02 AM
    sirius_yomama_2 sirius_yomama_2 Jan 28, 2016 1:09 PM Flag

    They have up to 10 days for the additional $1.5M funding...I don't why the PR says Monday and we don't if they already have collected it or not....but the 8K states the following...

    "On January 22, 2016, Elephant Talk Communications Corp. (the "Company"), upon consent of the Company's existing lenders, borrowed $500,000 by issuing certain unsecured promissory note (the "16% Note") with a principal amount of $500,000 at an interest rate of 16% and a maturity date of January 3, 2018 to a potential buyer in connection with such party's potential acquisition (the "Proposed Transaction") of ValidSoft Limited, the Company's wholly owned subsidiary. Such buyer may loan an additional $1,500,000 to the Company within the next ten days."

  • sirius_yomama_2 by sirius_yomama_2 Jan 28, 2016 10:02 AM Flag

    A Voice Bio player like Nuan or similar as well...Its not just Security sector that could be interested. ValidSoft's Voice Bio came in first place and ahead of NUAN in NIST's testing 2 years ago and has won numerous awards. When the company says that they had multiple interested parties and one that paid us in advance as they finalize must be a bigger player to feel comfortable doing that. Just saying that there is also this possibility as well.....

  • Reply to

    Yowza App updated

    by steveforkel Jan 25, 2016 4:33 PM
    sirius_yomama_2 sirius_yomama_2 Jan 28, 2016 9:42 AM Flag

    One of these days this stock step out of the ditch.....still hopeful

  • And that for periods up to 2014....the additional royalties needs to be calculated as well! This is a lot of money for Apple to risk going to court....I feel they will settle for about 50% of average agreed to royalties....and future licencing. This is a mega one boys....keep your pants tight!

  • Reply to

    ETAK will be taken Private....

    by phoenixsun8 Jan 27, 2016 10:03 AM
    sirius_yomama_2 sirius_yomama_2 Jan 27, 2016 5:43 PM Flag

    Trust comes with time. First they have to get their #$%$ out of this jam. There is a lot going on behind the doors right now that they are being hush hush about....From the looks of how the notes are being structured and money being trickled in as needed Turner is doing a great job surgically address the immediate issues of this company. I am saying this thing is going to change direction overnight but I will over longer period of time. The successful sell of VS, even at $15M, will greatly help them go over the hurdle. No one knows exactly how the numbers will turn out after taking out the expense and revenue of VS but it will soon be revealed in time. $6.5M Bank loan can be paid down to come into the new covenants based on new cash on hand from the sell. The 900K loan can continue in payments. There are several creative methods of utilizing the new injection of cash and lower expense. Will they still be in red after VS? Yes...but how much we wont know until Q2. I #$%$ume that it will be helva lot less. However, I do think once the details of sell is announced and if the number is greater then $15M the stock will head up to 40 to 50 cents range. That's not lofty but risk of default and uncertainty will be lefted and slowly the trust will come back after they deliver successful execution of Brazil deployment and VZ. Takes time but it will happen.

  • Reply to

    ETAK will be taken Private....

    by phoenixsun8 Jan 27, 2016 10:03 AM
    sirius_yomama_2 sirius_yomama_2 Jan 27, 2016 12:23 PM Flag

    Even if we go with your $15M sell price of VS....why would you think ETAK would need to do a RS? They are fully compliant with NYSE listing requirements and if they were not we would have received notice from them which would be published and reported as per SEC. So other then that what other financial reason would company need to do a RS at this point? what would it gain us?? Furthermore, in 24 months and with sell of VS which will capitalize us nicely, 2 major contracts working towards deployment now, what price would you think ETAK will be trading at in 24 months for it to go private? Once ETAK puts Brazil market online and close on one or two or more VZ MVNO's in course of this year with no debt what price will the market award us with?? Without VS capex expense and opex how many SIMs will it take to make ETAK FCF positive? How many other sims will Vodafone add this year? What other markets will we close contracts in? What will happen in Mexico? Zain?

    There are many opportunities for ETAK to score once we are financially strong and as a result our share price will reflect that in 24 months. You as usual trying to blow smoke and provoke fear......why don't you answer these questions first to be legit.

  • Reply to

    Ratio of VS expense to income generation

    by sirius_yomama_2 Jan 26, 2016 9:10 AM
    sirius_yomama_2 sirius_yomama_2 Jan 27, 2016 12:05 PM Flag

    10M is very low for a division that is growing revenue with award winning products in EU and patents. However assuming a mid range of $15M what can ETAK do with that money? Given our tax credits for mass of losses so far we can assume that the money that is paid to us will be fully available for Opex and Capex. IMO, management would pay off the line of credit to both the bank and private placement. which would be $7M approximately. The remaining will go to deployment of Brazil and development of VZ opportunity and increasing sales staff worldwide as planned by previous management. The latter is probably the wisest move that will ensure rapid growth for the company.

  • Reply to

    Ratio of VS expense to income generation

    by sirius_yomama_2 Jan 26, 2016 9:10 AM
    sirius_yomama_2 sirius_yomama_2 Jan 27, 2016 10:08 AM Flag

    No one knows patshea but I would guess its a the whole division. The new 8K reveals a bit more detail in case things did not go through with the original 500K loan of 16% to be replaced with the 9% witk 1.7M warrants at 45 with the same terms as the private placement.

    So far we have a range of $15M to 22M tops by WC on sell price. I am going with a range of $18-20M in hopes of WC being right this time. However I believe the expense side of VS is a bit more that $4-6M simply do the fact that it has the most ongoing development cost associated with it with its product acceptance and inoperability of MNOs. We will see. The Revenue side from VS shouldn't be more then $500K a Q at this point...what you guys think?

  • It's interesting to "discuss" what would be associated OPEX reduction compared to revenue that VS side created and its affects on income statement and bottom line. SVV and others mentioned several times that revenue portion of the total revenue coming VS is not very big at all....what is that means no one knows. But what are some assumptions here for that and also for the expense side that will be gone when the transaction is completed??? Also, some predications on where the sell price will fall knowing that when we bought the division for $15M several years ago it had no income at all.

  • Reply to

    Kids, c'mon now!!

    by commonsenseareus Jan 23, 2016 8:44 PM
    sirius_yomama_2 sirius_yomama_2 Jan 23, 2016 10:20 PM Flag

    Common I could care less what one or 2 basher disguised as "concerned" investor have to say. I have seen so many of these fools come and go. ETAK has tremendous value locked up but Turner is operating like a surgeon and making conservative moves as seen so far. This toilet here is "trying" to muddy the waters by only posting garbage tainted lies here to shake the tree. DON'T FALL FOR IT! You saw how him and his butt wiper FD were posting of 60M share dilution only about a month ago. The fact was a very conservative loan and only a portion needed was executed. There he is again trying his smoking and mirror lies by saying fully executed vehicle would have been 36M now!. lol....The fact is this was a loan. Only 900K was exercised. It can be converted to 3M shares only and with 3 years lock! Far from the garbage he is trying to spooke the weak hands here with. First he says VS is not going be sold because there is "lack of interest"....now that is has he goes its a desperation sell! lol....man Foooock him and his cronies!

  • So let's refresh your memory. A month or so ago you were running your stupid mouth that according to your very informative connections and thorough DD ETAK was going to dilute us to "keep the lights on" by selling 60M shares WHICH you further predicted that was going to bring us to 15 cents. Not to mention that you thought VS must not have ANY takers because Turner had missed his "promised" update time on that.....because according to your vest intellect and business know how this kinds of things take only a couple weeks to figure out and anything short of that is because of managements lack of capabilities.

    Well bonehead.....None of the garbage you "predicted" took place and as I mentioned ETAK will find conservative routes to capital because it has tremendous locked up value. The last 2 announcement on private placement and now sell of VS proves just that. So far no dilution has take place and even if holders of first debt financing choose to exercise conversion to shares it would be very minuscule amount over several years of lock up. So NOOOO immediate dilution. The $2M upfront will not be converted either as its very obvious that if the sell wasn't going to go forward Turner would've never offered that kind of terms.

    So unlike you and your stupid IDs or sidekicks predicting loom and gloom I trust the current management and BOD to make conservative judgements to unlock value in ETAK on short term and build on ETAK's tremendous market opportunity with cash from VS sell. Meanwhile the board will tolerate your ad nauseam garbage bashing until things get back on track and ETAK continues to growth over time to its potential.

ETAK
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