Frontline Comm ??? - 500 Beiträge pro Seite

[Kneib]

Hallo alle,

auf Grund dieser Meldung habe ich mir ein paar Frontline Comm zugelegt
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Frontline Receives Audited Provo Financials
Monday, June 23, 2003 08:39 AM ET Printer-friendly version

PEARL RIVER, N.Y.--(BUSINESS WIRE)--June 23, 2003--Independent auditors BDO International have audited and confirmed $100 million in 2002 revenues and $800,000 in operating profits of Proyecciones y Ventas Organizadas, S.A. de C.V. (Provo) and affiliated companies which were acquired by Frontline Communications Corp. (AMEX: FNT, news). On April 6, 2003, Frontline Communications Corp. closed on the acquisition of Provo, a seven-year old company, based in Mexico City, Mexico, with operations in Dallas, Texas. "The Provo addition to Frontline creates a strong, new entity. We can now go forward by leveraging our existing product lines which we expect will propel us to even greater profitability and value for our shareholders," commented Stephen J. Cole-Hatchard, Frontline CEO. BDO audited financial statements for the years ending December 31, 2002 and 2001. To obtain a copy of the of the audited report please contact The Investor Relations Group, Inc. at 212-825-3210. About Provo Provo (http://www.provo.com.mx), a Mexican corporation, maintains a dominant position within the prepaid calling card and cellular phone airtime markets in Mexico. Provo is currently anticipating expanding its existing services to the continental United States, and intends to begin marketing cash cards, payroll cards and other forms of payroll and money transfers in the near future. About Frontline Frontline Communications Corporation, founded in 1995, is a technology company currently focused on the sale of prepaid phone cards and cellular phone airtime, as well as Internet access, Website design, hosting, long distance voice services, and related products. Frontline will soon begin marketing cash cards, payroll cards, and other forms of payroll and money transfer transactions tailored to Latin American communities in the United States. Recently, Frontline closed on the acquisition of Proyecciones y Ventas Organizadas, S.A. de C.V. (Provo), a Mexican corporation established in 1995, that maintains a dominant position within the prepaid calling card and cellular phone airtime markets in Mexico. The Company is the largest reseller for Telmex, the largest telecommunications carrier in Mexico. In addition, Frontline has entered into an agreement to acquire InterMR S.A. de C.V. (InterMR), a company focused on ATM and Electronic Money Transfer equipment and transactions. This acquisition fulfills the hardware, distribution, and service components of the Company`s soon-to-be-launched cash and payroll products and services. Internet users can visit the Frontline web site at http://www.fcc.net. The statements which are not historical facts contained in this press release are forward looking statements that involve certain known and unknown risks and uncertainties, including but not limited to, the ability to successfully integrate the acquired companies` businesses into Frontline, changes in the market for Internet or distribution services, regulatory and technological changes, economic factors, increased competition, foreign currency devaluation, foreign market risk, and the nature of supplier of customer arrangements which become available to the Company in the future. The Company`s actual results may differ materially from the results discussed in or implied by any forward-looking statement. The words "intend," "expect," "should," "project," and "anticipate," and similar expressions identify forward looking statements. Readers are cautioned not to place undue reliance on these forward looking statements which speak only as of the date they were made.
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doch hier geht garnichts mehr im Moment hat irgend jemand neue Info´s ueber diese Firma.

Danke fuer eure Antwort.

[Kneib]

Guten Morgen,

ich moechte mich gerne nocheinmal melden mit den Frontline
Aktien.
Ich habe nun im Netz eine Abhandlung gefunden bei der es um die Aktie geht. Leider habe ich zu wenig Boersenwissen um dies auswerten zu koennen.

Ich bitte um die Mithilfe der Profis die sich auf diesem Board bestimmt befinden.
Hier der Link: http://www.sec.gov/Archives/edgar/data/1040850/0000950117030…

Vielen Dank.

Ich hoffe doch das ihr einem Beginner weiterhelft.

[Genialos]

Hallo Kneib,

bin Anfänger und habe mir intuitiv ein paar shares zugelegt da es in einem Yahoo - Bord angepriesen wurde. Kannst du mir erklären warum FNT einen Sprung von 50 % gemacht hat. Hoffentlich hast du noch nicht vorher verkauft.

Gruß G.

[Kneib]

Hallo Genialos,

du musst entschuldigen ich war ein paar Tage nicht im Board daher mein Antwort etwas verspätet,

nein ich habe (Gott sei Dank)meine Aktien auch über den Absturz behalten.

Der Anstieg kommt aus der Übernahme der mex. Provo die nun abgeschlossen ist.
Die Frontline Comm hat mit dem ATM Maschinen Hersteller einen exclusiv Vertrag für Mexico, mit diesen Geräten wird nun ein Netz aufgebaut mit dem der elektronische Geldverkehr mit Latein Amerika und den USA abgewickelt werden soll.
Bis jetzt sind 500 Betamaschinen im Einsatz.
So wie es im Moment aussieht ist mit einem weiteren Anstieg der Aktie zu rechnen.