BARRIE, Ontario, April 7, 2015 /PRNewswire/ -- Telecorp, Inc. (OTC
PINK: TLNUF) ("Telecorp" or the "Company"), a growing provider of
software communications solutions, announced today that the Company
is addressing shareholder concerns regarding dilution and questions
arising about a reverse split. In an interview conducted by
TheStockTalk, Mr. Phillips, Telecorp's CEO, addressed many topics,
including an overview of Telecorp, information in regards to
on-going acquisitions and the future of the Company.
"Unfortunately, due to our short interview time, we were unable
to discuss a number of topics, including dilution and reverse split
concerns," stated Paul Phillips. "I
would like to make one thing perfectly clear… we have absolutely no
intention of doing a reverse split. We are more than confident that
a combination of the execution of our business plan, as well as
further acquisitions, will bring our value back to the level and
investor return that we merit ."
Phillips continued, "Shareholder confidence is our number one
priority. While we continue to position many acquisition deals in
the background, the last thing we want is for our shareholders to
feel neglected. The issue of dilution is something we have never
tried to hide, but simply something we have been trying to fix for
quite some time. In order to fulfill our acquisition goals,
financing was provided which we later learned was not in our best
interests. We're working diligently on settling past notes and
procuring future capital that has non-toxic attributes to our
capital structure."
Management indicated that the Company is on-pace for acquisition
targets and will be providing additional positive news to
shareholders shortly.
About Telecorp Inc.
Telecorp is an emerging provider
of communication solutions to an array of companies and industries
including, automotive, real estate, financial, health, charities,
and many more. Telecorp offers creative software solutions for
communicating with customers at levels never seen before. A total
solution that is not only affordable, but indispensable for any
business, no matter the size. Telecorp's modules allow the best
marketing tools, first rate sales acquisition systems, customer
communication processes, and drive greater profitability from every
interaction, allowing every user to reduce costs and increase
productivity at every use.
The Company's integrated suite of customized solutions includes,
but is not limited to: customer acquisition, customer care,
automated voice services, emergency communications, conferencing,
data management, webinars, customer and hardware support tools,
e-mail, and more.
Safe Harbor Statement
Except for historic information
contained in this release, the statements in this news release are
forward-looking statements that are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements involve known and unknown risks
and uncertainties, which may cause a company's actual results in
the future to differ materially from forecasted results. These
risks and uncertainties include, among other things, the company's
ability to attract qualified management, raise sufficient capital
to execute its business plan, and effectively compete against
similar companies.
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SOURCE Telecorp, Inc.
