Penny Stocks Alert Watch: ETLC
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Business Summary: ETLC
eTelcharge.com, Inc., a development stage company, provides credit card processing services for merchants in the United States. It develops the initial telephone billing payment option that enables the customers of online merchants with the ability to charge their Internet purchases to their local telephone bill, rather than to a credit card. The company was founded in 1999 and is based in Desoto, Texas. Article: More on ETLC Could ETLC really be the next Paypal? Only time will tell, but at the current price I believe Wall Street will take notice. ETLC is involved in a huge industry! Millions of people find online shopping to be easy and convenient. ETLC has a huge market considering that just about everyone shops online! Even while we work! A survey once revealed that more than 12 million Americans admitted to shopping online while on work related conference calls. Forrester Research reported that by this year there would be 63 million households in the online shopping community! The market is huge for ETLC's online payment option. ETLC is the first Web 2.0 online payment system that provides online shoppers the ability to charge approved transactions to their telephone bill. ETLC is the first payment application to leverage the convergence of landline telephony with broadband. According to Point Topic, there were almost 350 million broadband subscribers in the world at the end of 2007! ETLC understands the dangers that come with every transaction made online. Credit cards are the most popular method of payment for online purchases and 60% of global online consumers used their credit card for a recent online purchase. With ETLC, customers won't ever have to worry about online information theft again. Identity theft victimizes over 10 million people a year! With ETLC, customers will not be exposed to credit card fraud, identity theft, card generators, stolen cards, hacked identity! ETLC provides a secure, simple, reliable way for you to buy online - even if you don't have a bank account or a credit card. According to a survey by the Pew Internet & American Life Project, up from 22% in 2000., 49% of U.S. adults had shopped online! ETLC recently launched its Version 3.0 purchasing system with digital gift cards through CinemaNow and social networking capabilities. ETLC CEO Rob Howe stated, "We are extremely excited to be 'live'. This day represents a monumental achievement for the Company, our members and our shareholders. We are up and the first to market with the bill through phone bill digital gift certificate." CinemaNow Inc. is an innovator in digital entertainment technology, delivering high-quality Hollywood movies, TV shows and music videos to users across multiple platforms. CinemaNow has partnered with some of the biggest brands in consumer electronics and digital entertainment including ARCHOS, EchoStar Communications, Hewlett-Packard, Macrovision, Microsoft, Samsung, Sonic Solutions and Technicolor to deliver thousands of video titles directly to consumers! ETLC is also is updating its corporate webpage with new advertisement space for premier merchants of the Company's new version 3.0 community store. ETLC Chief Technology Offier Toby Wilson said, "We are pleased to offer advertisement space for our premier online retailers." ETLC is overhauling the look and feel of its corporate website to provide perspective members a taste of what they can expect within the new version 3.0 community and payment gateway. For more information on ETLC, visit their website at: https://www.etelcharge.com |
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