Showing posts with label NTLK. Show all posts
Showing posts with label NTLK. Show all posts

Monday, May 9, 2011

$1.5M in Additional Funding for NTLK Stock

$1.5M in Additional Funding for NTLK StockDallas, TX 5/9/2011 (PennyPayDay) -- netTALK.COM, INC. (OTC:NTLK) today announced, in a press release, that it has obtained additional funding up to $1,500,000. These borrowings are the last stage in a series of funding rounds pursuant to a promissory note agreement.

“This round of funding from our primary investor is particularly useful to us as we gear up to sell the netTALK DUO with additional major bricks and mortar and online retail outlets," said Anastasios "Takis" Kyriakides, Chairman and President of netTALK. "It will also help us further ramp up our marketing efforts and sales of the netTALK DUO, enabling more and more consumers to say ‘Goodbye’ to their phone company, forever.”

NET TALK.COM, INC. is fully engaged in the distribution and sale of products supported by its digital voice service. The netTALK DUO is a versatile communications device with the ability to connect directly to a router or modem (no computer needed) or the computer's USB port, offering consumers free local and long distance calls to any landline or mobile phone in the U.S. and Canada from anywhere in the world.

The netTALK DUO and other netTALK communications products are available at www.nettalk.com.

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Thursday, April 7, 2011

netTALK (OTC:NTLK) Raises $2.5M from PIPE

netTALK (OTC:NTLK) Raises $2.5M from PIPEOxford, MS 4/7/2011 (Penny PayDay) -- netTALK.COM, INC. (OTC:NTLK), a Competitive Local Exchange Carrier (CLEC) engaged in the sales of products and connectivity network phone service for using Voice over Internet Protocol (VoIP), today announced, in a press release, that it has obtained additional funding up to $2,500,000 in borrowings pursuant to a promissory note agreement. As I write, shares of netTALK.com were down 6 percent at $0.99 per share on light volume of 3,100 shares compared to its average daily volume of 6,317 shares. The company has a market cap of $12.3 million and a 52-week range between $0.10 and $2.50 per share.

“We are most appreciative of the continuing confidence placed in us by our core investor, who continues to support the implementation of our business," said Anastasios "Takis" Kyriakides, Chairman of netTALK. "The new funding will be used to further grow the company, focusing on sales and marketing, expansion of the DUO telecommunications network, and supporting services and products.”

netTALK.com is engaged in the distribution and sale of products supported by its digital voice service. The netTALK DUO is a versatile communications device, with the ability to connect directly to a router or modem (no computer needed) or the computer's USB port, offering consumers free local and long distance calls to any landline or mobile phone in the U.S. and Canada from anywhere in the world.

The netTALK DUO and other innovative netTALK communications products are available at www.nettalk.com.

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