Third Millenium Telecommunications, Inc. (TMTI) - 500 Beiträge pro Seite

[ajuga]

Da dürfte was zu verdienen sein.

Ende September/Anfang Oktober wird aus Ecos Group, Inc., einem Umweltberatungs- und Müllaufbereitungsunternehmen aus Florida, Third Millennium Telecommunications, Inc.:

As result of the acquisition of TMTI, the Company`s operations will be shifted to a focus on telecommunications related services. TMTI is a Master Agent for MCI Worldcom Wireless Services ("Worldcom") and Globalstar USA ("Globalstar"), leaders in the sale and marketing of wireless telecommunication products. Since its inception, approximately three years ago, TMTI has experienced continued sales growth because of an ever-increasing network of retailers and other sales partnerships. More than 250 retailers across the country have helped make TMTI the second largest distributor of MCI Worldcom Wireless activations. TMTI has increased sales and distribution through e-commerce retailers, alliance partners, and direct sales to consumers. Sales have grown from $400,000 in 1997 to more than $7 million in calendar year 2000. An aggressive and experienced management team has guided TMTI to its current prime position for expansion.



Frankfurt: 0,03€ G (WKN: 898715)

OTCBB: (ECOS)

Open: 0.0325 High: 0.035
Low: 0.0325 Volume: 1,000
Yield: n/a P/E Ratio: 1.75
Bid: 0.0325 Ask: 0.04
Ex Div. Date: n/a Ex Div. Amount: n/a
Detailed Quote for Thursday, September 20, 2001
Company Name: ECOS Group Inc
Dow Jones Industry: Not Available
Exchange: OTC BB
Shares Outstanding: 31,899,002
Market Cap: 1.1 Million
Short Interest: Exchange provides no short interest data.
52-Week EPS: 0.02
52-Week High: 0.195 on Monday, May 21, 2001
52-Week Low: 0.03 on Tuesday, December 26, 2000
P/E Ratio: 1.75
Yield: n/a
Average Price: 0.0382 (50-day) 0.0554 (200-day)
Average Volume: 8,500 (50-day) 32,600 (200-day)

[ajuga]

http://www.tmt2000.com/

[ajuga]

Nach dem Split stehen 8,157 Mio Aktien aus. Zieht man einen Kurs von 0,03 $ vor dem Split zur Brechnung heran, stünde die Aktie momentan bei 0,60 $ auf Nach-Split-Basis.
Macht eine Marktkapitalisierung von 4,9 Mio $. Der Umsatz von TMTI im letzten Jahr betrug mehr als 7 Mio $.



After giving effect to (i) the issuance of the Exchange Shares, (ii) the cancellation of shares of Common Stock and options held by EE&G Management as described in "Action One" and (iii) the Reverse Stock Split which is described in the section entitled "Action Two" on page 34 of the Information Statement, the Company will have 8,156,999 shares of Common Stock issued and outstanding, of which 6,875,000 shares will be held by the eight current shareholders of TMTI. The shares held by the TMTI shareholders will represent 84.3% of the total issued and outstanding Common Stock, and shareholders of the Company prior to the Share Exchange will hold 1,281,999 shares after the transaction, representing 15.7% of the issued and outstanding Common Stock.

[ajuga]

Jedoch:

Rechnet man die "Total Shareholder Equities" beider Unternehmen zusammen kommt man auf ein Defizit von mehr als 2 Mio $ zum 31.12.2000.


ECOS 31.12.2000:
Shareholders` Deficit 2,086,346


TMTI 31.12.2000:
Total stockholders` equity 17,775

[ajuga]

INDEPENDENT AUDITORS` REPORT
Board of Directors and Stockholders
Third Millennium Telecommunications, Inc. Piscataway, New Jersey

We have audited the accompanying balance sheets of Third Millennium Telecommunications, Inc., (a New Jersey corporation) (the "Company") as of December 31, 2000 and 1999, and the related statements of operations and retained earnings, and cash flows for the years then ended. These financial statements are the responsibility of the Company`s management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company at December 31, 2000 and 1999 and the results of its operations and its cash flows for the years then ended in conformity with accounting principles generally accepted in the United States of America.



June 20, 2001 /S/ SOBEL & CO., LLC
Livingston, New Jersey Certified Public Accountants







B-1


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THIRD MILLENNIUM TELECOMMUNICATIONS, INC.

BALANCE SHEETS



DECEMBER 31,
2000 1999
----------- -----------
ASSETS

CURRENT ASSETS:
---------------
Cash and cash equivalents $ 9,078 2,003
Accounts receivable 737,756 943,902
Merchandise inventories 93,365 109,826
----------- -----------
Total Current Assets 840,199 1,055,731

PROPERTY AND EQUIPMENT, NET 29,905 23,240

DUE FROM STOCKHOLDER 33,684 --
----------- -----------
$ 903,788 $ 1,078,971
=========== ===========


LIABILITIES AND STOCKHOLDERS` EQUITY

CURRENT LIABILITIES:
--------------------
Accounts payable and accrued expenses $ 874,674 $ 966,212
Accrued salaries and payroll taxes 10,999 8,999
Accrued corporate taxes 340 325
----------- -----------
Total Current Liabilities 886,013 975,536
----------- -----------

DUE TO STOCKHOLDER -- 8,985
----------- -----------

COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS` EQUITY:
Commonstock, $.001 par value, 20,000,000 shares
authorized, 11,000,000 issued; 10,200,000
outstanding in 2000 and 10,000,000 shares issued
and outstanding in 1999 11,000 10,000
Retained earnings 7,575 84,450
----------- -----------
18,575 94,450
Less: Treasury stock at cost, 800,000 shares (800) --
----------- -----------
Total Stockholders` Equity 17,775 94,450
----------- -----------

$ 903,788 $ 1,078,971
=========== ===========




The accompanying notes are an integral part of these financial statements.


B-2

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THIRD MILLENNIUM TELECOMMUNICATIONS INC.

STATEMENTS OF OPERATIONS AND RETAINED EARNINGS





YEAR ENDED DECEMBER 31,
2000 1999
----------- -----------
REVENUES $ 7,051,972 $ 6,844,701

COST OF GOODS SOLD 2,694,188 2,691,446
----------- -----------
GROSS PROFIT 4,357,784 4,153,255

SELLING, GENERAL AND ADMINISTRATIVE 4,429,673 4,088,304
----------- -----------
(LOSS) INCOME FROM OPERATIONS (71,889) 64,951


OTHER INCOME (EXPENSE):
Interest income 3,138 --
Other expense (7,784) --
----------- -----------
(LOSS) INCOME BEFORE PROVISION FOR INCOME TAXES (76,535) 64,951
PROVISION FOR INCOME TAXES 340 325
----------- -----------
NET (LOSS) INCOME (76,875) 64,626
RETAINED EARNINGS:
Beginning of year 84,450 19,824
----------- -----------
End of year $ 7,575 $ 84,450
=========== ===========




The accompanying notes are an integral part of these financial statements.


B-3


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THIRD MILLENNIUM TELECOMMUNICATIONS, INC.
STATEMENTS OF CASH FLOWS



YEAR ENDED DECEMBER 31,
2000 1999
--------- ---------
CASH FLOWS PROVIDED BY (USED FOR):
OPERATING ACTIVITIES:
---------------------
Net (loss) income $ (76,875) $ 64,626
Adjustments to reconcile net income to net
cash used for operating activities:
Depreciation 4,489 4,333
Changes in certain assets and liabilities:
(Increase) decrease in:
Accounts receivable 206,146 (860,726)
Merchandise inventories 16,461 (109,826)
Increase (decrease) in:
Accounts payable and accrued expenses (91,338) 826,988
Accrued salaries and payroll taxes 2,000 6,930
Accrued corporate taxes -- 325
--------- ---------
Net Cash Provided by (Used for)
Operating Activities 60,898 (67,350)
--------- ---------

INVESTING ACTIVITIES:
---------------------
Purchases of property and equipment (11,154) --
--------- ---------

FINANCING ACTIVITIES:
--------------------
Due to stockholder (42,669) (9,191)
Received from related parties 38,000 35,000
Payments to related parties (38,000) (35,000)
--------- ---------
Net Cash Used for Financing Activities (42,669) (9,191)
--------- ---------

(INCREASE) DECREASE IN CASH AND CASH
EQUIVALENTS 7,075 (76,541)

CASH AND CASH EQUIVALENTS:

Beginning of year 2,003 78,544
--------- ---------

End of year $ 9,078 $ 2,003
========= =========

SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION:

Cash paid during the year for:
Interest $ -- $ --
========= =========

Income taxes $ 363 $ 200
========= =========




The accompanying notes are an integral part of these financial statements.

[ajuga]

Third Millennium Telecom (TMT) is a Master Agent for WorldCom Wireless Services and Globalstar Satellite Phone Systems. Our mission is to be the liaison between Carriers and the retail location by providing sales and technology support and to help dealers effectively manage their existing customers and develop new customers.

Using our extensive knowledge and experience of the telecommunications business, we have developed programs that make it easier for companies who don`t have the industry background, to successfully enter into this highly profitable market. Unlike other agents, we provide a full spectrum of services:


Prompt activation processing
Friendly, experienced and dependable staff
Timely information updates (via the Web, e-mail and fax)
Competitive equipment pricing
Same day shipping
Comprehensive training
Customer Service Call-Center is open 7 days a week
Residuals
Prompt order processing (via the Internet)
Competitive commission payouts - paid on a timely basis

[ajuga]

THE MARKET FOR WIRELESS TELECOMMUNICATIONS

The wireless telecommunications market has been growing at an incredible rate. According to the Cellular Telecommunications Industry Association (CTIA), the wireless industry in the United States had revenues of $40 billion in 1999 while employing 156,000 workers. The CTIA also reported that a new wireless service customer signs up in the United States every two seconds. This equates to 46,000 new wireless subscribers every day. Many analysts believe that the United States and the World market for wireless telecommunications services and products will continue to grow in the foreseeable future.


According to a Merrill Lynch analyst, one-third of all United States households presently have a wireless account.

The research and consulting firm, The Yankee Group, estimates that by the year 2003 there will be 1 billion wireless devices in use throughout the world and that there will be more than $50 billion dollars of commercial transactions over wireless devices.

Motorola predicts that by the year 2004 more people will be accessing the Internet by wireless systems than from conventional hard wire devices, such as Personal Computers.

According to the Cellular Telecommunications Industry Association, "Experts estimate that by 2005 there will be over 1.26 billion wireless phone users around the world".

[ajuga]

Third Millennium (TMTI) - CARRIERS:


WorldCom Wireless
WorldCom Wireless is a complete resource for wireless services.



With a wide range of technologically advanced products and services designed to meet the needs of both consumers and businesses and operating in more then 65 countries, the company is a premier provider of facilities-based and fully integrated local, long distance, international, wireless and Internet services.


With cellular service in nearly all major cities across the country, WorldCom Wireless has the unique ability to handle cellular service needs from coast-to-coast.
As the fastest growing personal communications company in the country, WorldCom Wireless has three major competitive advantages: quality, flexibility and choice. For business or personal needs they are the only name consumers need to know to ensure convenient and reliable wireless services.



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AT&T Wireless



AT&T Wireless (NYSE: AWE) is a leading provider of advanced wireless services for consumers and businesses. Operating one of the largest digital wireless networks in North America, AT&T Wireless serves 15.7 million customers, providing an array of cost-effective wireless communications solutions, including voice, data, internet and text services.


Created in 1994 as the result of AT&T Corporation`s purchase of McCaw Cellular Communications, AT&T Wireless began trading as a tracking stock on the New York Stock Exchange in April 2000. In July 2001, AT&T Wireless split from AT&T Corp. to become an independent company.


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Voicestream




One June 1, 2001, Deutsche Telekom AG announced that it completed its acquisitions of VoiceStream Wireless Corporation and Powertel, Inc., forming the first transatlantic wireless communications operator utilizing the GSM digital wireless technology standard.


In February and May 2000, VoiceStream completed merger transactions with two regional GSM service providers, Omnipoint Communications and Aerial Communications. VoiceStream fully integrated the three companies by the end of 2000, converting to a single customer billing platform, implementing standard business practices and successfully launching the VoiceStream brand and "GET MORE" value proposition in all markets including New York, Philadelphia, Miami, Tampa, and Detroit.


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Globalstar, USA



Established in 1991 by a consortium of leading international telecommunications companies, Globalstar launched service in February of 2000, and has quickly become the world`s leading handheld satellite phone. Globalstar is satellite, cellular and access to the Internet. So you can stay in contact and in control-wherever you are. All with one state of the art, 12 oz. digital satellite phone powered by CDMA technology.


Consumer Contract


Quality, simplicity and value:

Crystal clear digital voice quality with no perceptible delay

The fastest handheld satellite data speeds available

Affordable and easy to understand airtime rates

A wide range of installation options and accessories to meet your needs
How it works
Globalstar`s constellation of 48 Low Earth Orbiting (LEO) satellites transmits calls from your Globalstar handheld or fixed phone to an earth-based gateway, where they connect to existing telephone networks in more than 100 countries on 6 continents.

Who else uses Globalstar?
International travelers who need to keep in constant touch
Anyone who works, lives or plays in areas not served well by other technologies

Maritime - Yachts, workboats, blue water cruisers
Emergency Services -Wildland fire fighters, Sheriff`s departments, EMTs, Contingency Planning
Construction - Engineers, Site managers, road crews
Sales - Remote business services
Media - Locations scouting and shooting, News teams
Any business with a need to stay in touch - Oil & Gas exploration, Utilities, Forestry, Educational Research, Government Agencies that do business through the General Services Administration.

Enhanced Services
One phone for both cellular and satellite calls
Crystal Clear Voice Calling
19 character Short Messaging Service (SMS)
Voice Mail
Call Forwarding
Global Roaming
9.6 kbps Data Transmission including Internet access

[ajuga]

10/96: Name changed from Evans Environmental to ECOS Group, Inc.

Gibt es hier nicht noch einen alten Evans/Ecos-Aktionär oder jemanden der die mal im Depot hatte? Evans Environmental wurde in den 90igern auch in Deutschland relativ aktiv gehandelt. Outet Euch!

[ajuga]

Mal eine Kursprognose:

Wenn der Aktientausch und der Split vorrüber sind, steht das Papier zwischen 0,60 und 0,80 $ (jetzige Spanne zwischen 0,03 und 0,04 $ mal 20).

Auch TMTI dürfte von der miesen Lage im Telecommuncationsbereich stark betroffen sein und schlechte Zahlen präsentieren. Da die Marktkapitalisierung nach Tausch und Split mit ca. 5 Mio $ etwa 3x so hoch ist, wie bei ECOS jetzt, dürfte der Kurs zunächst bröckeln.

Aber sobald sich die Wirtschaft erholt, dürfte TMTI ebenfalls wieder hervorragendes Wachstum präsentieren. Ein Umsatz von 10 Mio $ im nächsten Jahr sollte locker möglich sein. Bei 1,20 - 1,30 $ hätte TMTI eine Marktkapitalisierung von 10 Mio $.

Kursziel daher auf Sicht von 6-12 Monaten 1,20 $ oder ca. 100 Prozent!

[ajuga]

Bei ECOS gerade in wenigen Minuten 138700 Stücke Umsatz!!!

Das 50-Tage-Durchschnittsvolumen liegt bei nur 8500 Stück !!!!

ECOS Group Inc (OTC BB)

ECOS 0.035 UNCH 0.00% Vol:138,700 1:22pm 09/24/01

Open: 0.0325

High: 0.035

P/E Ratio: 1.75


Shares Out: 31.9 M Market Cap: $1.1 M

52wk High/Low:0.20(5/21/2001)0.0325(9/21/2001)