SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ATTP Affordable telecom

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Brad who wrote (213)6/15/2000 1:53:00 AM
From: Scottey  Read Replies (1) of 580
 
Thanks Brad,
You put my thoughts into words.
I'm looking at this dip as a gift from the all Mighty Market Gods. I feel very fortunate to get shares this cheap. I've checked and double checked for any reason to stop buying and, for my investment style, I'm perfectly content to continue buying until our company gets discovered and takes off.
Some nice reading for those that are bored:
"Affordable Telecommunications Technology Corporation
Letter From the President
Dear Shareholder:
These are exciting times to be a shareholder in a wireless telecommunications company. The market continues to rapidly expand with new opportunities. Affordable Telecommunications Technologies Corporation (ATTP) is positioned to take advantage of these new opportunities.

We have positioned the company through our joint venture partner Link-Two Communications Corporation to take advantage of a deregulated utility market in Texas. We have completed construction of our two-way data network covering the greater Houston Metropolitan area. The data network was constructed using technology developed in Israel to read smart electric and water meters.

The Southwestern part of the United States has suffered the effects of a major drought for the past couple of years. In this area of the United States the population is growing very fast every year. Water rights are going to be the next major area where urban dwellers and ranchers collide in court.

Older apartments and condominiums that were constructed have a single water meter serving the entire complex. The owner of the apartment complex is responsible for the monthly payment of the water consumed by his tenants. Tenants do not care about the owners monthly water costs. What if the monthly water costs were shifted to each tenant, then the owner could get a rent increase by shifting this cost to the tenant!

The cost has dropped to the point where it is now cost effective to retrofit older condominiums and apartments with individual water meters. We can send a signal out over our two-way data network that is received by a smart device to wake-up and send data hourly ? daily ?weekly or monthly. This eliminates the need for humans to visit the site to read the information contained in the meter. It saves time, money and is very efficient by providing accurate information from the smart water meter.

Affordable Telecommunications Technology Corporation will electronically read the meter, bill the tenant and collect the funds. We have now commenced beta testing smart water meters on the network with 12 sites scattered across the Houston Metropolitan area.

A market study was conducted to determine additional products that could be used on a smart two-way data network. This study discovered that residential and commercial alarm systems do not have a back system to the telephone line that is required to alert the monitoring company of an opening in the armed home.

Eagle Wireless International (EGLW) is coordinating the development of this small back up transmitter. The back up transmitter is connected to the alarm system and will send out data over the two-way network in case the telephone line is cut. The back up transmitter provides peace of mind to the owner that no matter what, the dwelling is always secure.

Final development is underway on the back up transmitter. Beta testing in Metropolitan Houston is expected to begin later this summer.

Affordable Telecommunications Technology Corporation owns and operates retail stores that market wireless telecommunications products to the public under the name "The Wireless Store."

The "Wireless Store" entered into agreements to market the following products and services: Nextel Wireless; Sprint PCS and GTE Wireless Prepaid Services. In addition, we employ direct outside sales consultants that sell wireless products and services to business.

Our marketing and advertising plan utilizes print, radio, direct mail and fax broadcasting to increase the awareness level of the public. In addition, we joined local civic associations which include The Greater Houston Convention and Visitors Bureau; The Houston Apartment Association; Greater Southwest Houston Chamber of Commerce. All of these civic associations help to increase the exposure of the Corporation to the general public."

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext