A Start to company history and DD: one to watch!
Some old: 11/08/05
The Company has retired 971,250,000 shares reducing the authorized from 1,597,597.083 to its current position of 626,347,083 authorized and outstanding of which 312,500,000 are restricted. The company is currently evaluating its share structure and will be considering further amendments if required.
Some New:
TORONTO -- (MARKET WIRE) -- 01/05/07 --
"This is an exciting time in the history of our company," stated Radomir Popovic, Vice President of Sales and Marketing for INNOTELCO. "We are in the final stages of completing a number of transactions that will transform of our company from a concept company to a fully operating company with substantial financials to support our enthusiasm."
TORONTO -- (MARKET WIRE) -- 12/28/06 --
INNOTELCO, Inc. (ILCO - news) today announced that it expects to commence shipments of telecommunications products which will be shipped from China to the North African countries of Algeria, Libya, Tunisia and Yemen. INNOTELCO believes that the initial shipment can expand into a series of shipments which will create a revenue stream for several years.
Approximately $3,000,000 to $6,000,000 in telecommunications products should be shipped by the end of June 2007. INNOTELCO may realize as much as $1.8 million in revenues for its participation in the facilitation of these shipments.
TORONTO -- (MARKET WIRE) -- 01/05/07 --
INNOTELCO, Inc. (ILCO - news) today announced that the shipment of its first large-scale commodity transaction is close to completion. The seller has been identified as Graintec, a large international force in the commodities world. The shipment of approximately 8,000 metric tons of feed barley is expected to leave an Eastern Europe port in the Black Sea and arrive in North Africa in about 3 weeks. Upon completion of the shipment, INNOTELCO will receive a fee for its role in arranging the transaction. Terms are not being disclosed for competitive reasons at this time.
TORONTO -- (MARKET WIRE) -- 01/16/07 --
INNOTELCO, Inc. (ILCO - news) today announced that the initial shipment of sugar from South America to the Middle East is expected to leave the Port of Sao Paulo at the beginning of February. The transaction for 25,000 metric tons of sugar, which was arranged by INNOTELCO, should total approximately $9,000,000. INNOTELCO is expected to earn at least $200,000 for arranging this transaction. Brazil is already the main sugar supplier to the Middle East and Northern African countries.
If the shipment is delivered successfully, INNOTELCO believes that it can arrange between 5-10 sugar shipments this year. The shipment is expected to arrive in the Middle East in mid-February.
01/16/07 INNOTELCO Discusses Details of Sugar Shipments
Market Wire
01/05/07 INNOTELCO to Complete Historic Commodity Shipment
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12/28/06 INNOTELCO to Commence Shipments of Telecommunications Products From China to North African Countries
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12/20/06 INNOTELCO Discusses Results of Recent Board of Directors Meeting
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11/30/06 INNOTELCO to Attend International Business Summit to Support Business Expansion Plans
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11/27/06 INNOTELCO Calls Board Meeting to Finalize Existing Contracts
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11/20/06 INNOTELCO Announces Expansion Into North African Country of Tunisia
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09/28/06 INNOTELCO, Inc. Announces Fulfilled Contract With Farel Company
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09/19/06 INNOTELCO, Inc. Announces Update on Long-Term Strategic Framework (LSF)
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07/25/06 INNOTELCO Inc. Announces Update on Contract Status
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06/12/06 INNOTELCO Announces Contract With Pan Atlantik S.A.
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05/18/06 INNOTELCO, Inc. Enters Into LOI With Pan Atlantik S.A.
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04/26/06 INNOTELCO, Inc. Enters Into Negotiations for Financing Options
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04/06/06 INNOTELCO Inc. Announces New Website
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03/24/06 Innotelco, Inc. Website Transition
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01/25/06 INNOTELCO, Inc. Announces Exclusive Supplier Agreement
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01/09/06 Innotelco, Inc. Announces Management Update
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12/21/05 Innotelco Announces Letter of Intent With Free Zone "Kovin" A.D.
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12/14/05 INNOTELCO Announces Letter of Intent With Manufacturer to Distribute US$5 Million Annually
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12/02/05 Innotelco Negotiates With Free Zone "Kovin" A.D.
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11/29/05 INNOTELCO Announces Contract With AB TECHNICS
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11/22/05 Innotelco Announces Relocation of European Office to Free Zone Kovin
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11/09/05 INNOTELCO Inc. Announces Letter of Intent to the Value of USD$4.7 Million
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11/08/05 Innotelco Inc. Announces Management Discussion and Shareholder Update
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10/25/05 Innotelco Announces US$2.2 Million Contract
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