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It's Ringing,
And It Might Be For You: Voiceserve, Inc. (VSRV:OTCBB)
By Glenn Wilkins -
AllPennyStocks.com News Reporter
December 10, 2007 (AllPennyStocks.com
Media, Inc.) – Cellphones have gone in a few short years from
an emergency communications device, to a mere annoyance, to a
staple of our Western existence. The proliferation of
companies, phones and plans governing how to use these phones
indicate that there is money to be made in this field. But as
it is in the oil patch, eking out a lead in the competitive
field of cellphone involves creativity – to use another early
21st century cliché, thinking outside the box – to capture the
customers others may have missed.
Leaping into the breach from across the pond is Voiceserve,
Inc.
(OTCBB:VSRV), a London-based provider of Pay as You Go
and prepaid cellphone services to markets outside North
America, primarily to Europe, Africa and the Middle East. The
company’s latest forays into the world of Voice over Internet
Protocol (VoIP) provide evidence of its accomplishments during
its time “outside the box”. The company was founded in 2002
and hopes to establish satellite offices in Belgium, Holland,
Israel, Switzerland, South Africa and the U.S.
VoIPing – if there is such a word – is the new
frontier of the communications world. It’s reckoned by
researchers that by this time next year, there will be 120
million VoIP users worldwide. Where the Internet caught public
fancy in the early to mid-1990s, placing telephone calls over
the ‘Net is forecast to do the same as we come to the end of
the first decade of the new century. If the new technology
appears to have spun its wheels getting to the mass market in
its early years, Voiceserve hopes to be among those companies
to get it out of the ditch and into the fast lane.
Instead of a headphone, software or even a computer, all one
needs to complete a normal phone call over the Internet is a
cable connection using Voiceserve’s adapter to take and
receive phone calls right away. VoIP is widely renowned
because of its cost advantages to those dependent on the
conventional phone. Where most customers pay a flat fee for
local calls, and an extra per-minute charge for long distance,
placing calls over the Internet can be done for a flat fee.
Voiceserve enables its customers to
move their phone line anywhere they wish, at any time, with
just high-speed Internet access.
Voiceserve is counting on giving its customers an edge with a
new technology called SIM, aimed at taking some of the
headaches out of roaming for cellphone users. The device links
the end user to Voiceserve’s exchange, conferring on that user
a certain amount of credit. All the consumer does is
insert the device into the phone and dial the number he or she
wants to reach. The call could be coming from an office in
Singapore to a street corner in San Francisco, but the charge
is for that of a local call.
Voiceserve, whose stock trades on the
Over-the-Counter market under the symbol VSRV, is also
hitching its wagon to other revenue streams such as a VoIP USB
Memory phone. The device (a 128-megabyte drive) allows
customers to keep call records via Voiceserve’s website. The
device contains the added advantage of portability. Other
streams include call shops which let people VoIP overseas,
being charged very reasonable rates. The company boasts it can
offer savings to customers anywhere up to 85 per cent.
Clearly, VSRV is poised for big things once word gets around
of the services and savings it proposes to offer. Being small,
the company can travel light and gain strength via the
acquisition route. 2007 has been a landmark year for the
company. Among its targets was an outfit known as VoipSwitch,
for
which Voiceserve paid $3 million (all figures in U.S. dollars
unless indicated otherwise) in cash and stock. That deal is
expected to close by the end of the year, and will enjoy the
benefits of an in-house VoIP network solution, complete with
customizable billing options. This will better enable
Voiceserve to better integrate VoIP services into its revenue
streams. Projected revenues for the next year are expected to
top $7 million.
November saw a deal enabling Voiceserve to trade
telecommunication services in Angola. The company has also
signed a deal with Reston Communications, a veteran leader in
the global calling card market, to distribute Voiceserve’s
products in the United States and Europe.
At the helm of the flagship is President and Board Chair
Alexander Ellinson, a 13-year veteran of the
telecommunications business, whose work life has also included
managing one of Belgium’s supreme auction houses. He has also
served as an independent marketing agent for several quoted
stock companies in Europe. As mentioned at the top, Ellinson
co-founded Voiceserve in 2002 with Michael Bibelman and has
seen all its ups and downs. Bibleman, the CEO, cut his
marketing teeth as an independent retailer for Viatel (for
which Ellinson also served as an agent). Among his major coups
is the introduction to the European market of the “Big Talk”
calling card, as an agent for Ambro
International.
The company completed its second quarter for fiscal 2008 in
September 2007, during which revenues leaped 44 per cent over
the first quarter to just below $111,000. Still, the company
came in for the quarter at a net loss of more than $245,000.
These figures indicated an independence from reliance on
any one single dealer.
It remains to be seen whether the projections for the coming
year are overly optimistic, but Voiceserve believes it has all
its ducks in a row to get the ledger where it wants. Investors
are probably anxious to know whether VSRV will make their
small cap portfolios “ring”, and should consider the
short-term volatility experienced during the early autumn,
when the stock price wavered from a 52-week peak in early
October of one dollar exactly to a ditch of 50 cents only two
weeks prior. If they are convinced that the field of cellphone
and voiceover Internet technology will soon become
ultra-competitive, these investors would do themselves a big
favor by looking at – and listening more closely to – what
Voiceserve will soon be able to offer its customers.
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AllPennyStocks.com shall not be liable for any errors or
delays in the content, or for any actions taken in reliance
thereon.
Although the majority of
AllPennyStocks.com reports are independent, it has received
compensation for carrying the report on Voiceserve, Inc., the
compensation is five thousand five hundred dollars by the
company for its efforts in presenting the VSRV profile on its
web site and distributing it to its database of subscribers as
well as other services. This creates an inherent
conflict of interest and readers are encouraged to view the
main disclaimer at
/aps_us/company_spotlights/archives/vsrv.asp
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