Telco Cuba Inc (OTCMKTS: QBAN) is making a powerful move to the upside in recent days looking to break out into pennyland. The stock is getting noticed by some big players in small caps and at current market valuation this one has plenty of room to grow. Currently under heavy accumulation QBAN as emerged in recent days as an investor favorite and traded over 1.5 billion shares on Tuesday alone on several million in dollar volume for the day. QBAN is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars – a break over $0.0045 and its blue skies ahead for QBAN.
It’s easy to get excited QBAN at current levels; “Pink Current” the Company recently stated its intention of up listing its shares to fully reporting OTCQB and beyond. Telco Cuba, expects to be convertible and promissory note debt free and cash flow positive within the next 24 months. The Company has been building up its BOD recently appointing Mr. Patrick T. Wall and Mrs. Camille Whiddon an Account executive from Uniti Fiber (NASDAQ: UNIT), to its board of directors. QBAN currently operates via its 3 subsidiaries including Advanced Satellite Systems which recently signed a 10 year agreement with City of Hawthorne and is awaiting a $1.4 million payout from the FCC for repack expenses. Management states Advanced is expecting more revenue opportunities from Government grants as well as expanding its services to include 4K & HD television services. QBAN management has been working hard behind the scenes and is currently on the lookout to acquire an internet & cable television service provider as well as embark on a global sales expansion.
Telco Cuba Inc (OTCMKTS: QBAN) is a holding company dedicated to amassing a portfolio of high value companies in the telecom space. Telco Cuba, Inc. currently has subsidiaries offering collocation, hosting, software development, and technology consulting services in the South Florida area. Telco Cuba, Inc. is in the market for technology oriented acquisitions that provide residual income in the technology services industry.
QBAN operates via its subsidiaries including Advanced Satellite Systems, Inc.; an Internet, Cable Television, and Telephone Service provider, located in Ormond Beach, FL. The company services the areas of Port Orange, Daytona Shores, Daytona Beach, Holly Hills, Ormond Beach in Volusia County and the City of Flagler Beach, in Flagler County. Incorporated in 1985, the company has been providing services to residential, commercial, and academic clients for over 35 years. The company is going through a restructuring affecting its marketing and sales departments. Forthcoming, the company will announce its new address, website and implement new internal procedures aimed towards streamlining and maximizing leads to sales cycles. The company will be focusing its efforts onto offering commercial services.
Amgentech, Inc. is a premier provider of colocation, hosting, software development, website development and VoIP services in the South Florida region. The company was established in 2001 to provide infrastructure and information security services. Amgentech, Inc. has been instrumental in the launch of a plethora of products and services, including the site and product offerings of www.brandonlang.com, www.sportsadvisors.com, www.sportsline.com, www.starmedia.com, as well as offshore providers of sports related services. Our 99.999% uptime SLA’s, bulk mail services and know-how have enabled the company to keep customers long term.
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South Florida Interactive provides compelling, eye-catching website designs coupled with the latest software development techniques to ensure a responsive, highly available customer point of contact.
QBAN subsidiary Advanced Satellite Systems, Inc. recently signed a 10 year agreement with the City of Hawthorne, FL for the use of its current cable television and Internet infrastructure, including the city owned earth base station. Telco Cuba is consulting with its partners on the eventual roll out of a FTTH/FTTP – Fiber to the Home, Fiber to the Premise offering, with the goal of providing compelling and currently unavailable services in the city of Hawthorne, and the surrounding unincorporated areas. On the heels of the City of Hawthorne contract, and several other ongoing negotiations, the company is embarking on another potentially lucrative opportunity, which has the potential to progressively increase the company’s subscriber base by over 13,000 subscribers.
Earlier this year, the FCC issued an updated incumbent earth station list, in which the FCC confirms the current status of the Company’s land earth stations with regards to the FCC accepted list for lump sum recipients. The list is referred by the CBAND-RPC (C Band Relocation Payment Clearinghouse) in determining payments to be made to operators. On July 23rd, 2021, the FCC issued overlay licenses to Auction 107 winning bidders. According to the CBAND-RPC, the issuance of the overlay license was the necessary milestone that would trigger winning bidders to fund the payments to companies whose lump sum claims have been accepted by the FCC. QBAN is awaiting the CBAND-RPC’s advisement about the next steps to claim the funds allocated to Advanced Satellite Systems. The Company is awaiting a $1.4 million lump sum payment from the FCC.
Up-listing to OTCQB and beyond is a clear goal for the company, every corporate action taken to date is in preparation for the eventuality. The Company’s proposed name change announcement by FINRA is pending the audit of several financial statements due prior to filing form 15 with the SEC. MK&A CPAs has been engaged to audit those statements. Once complete and filed, QGAN will resubmit its request to FINRA to announce its name change. The Company intends to continue auditing its financials, and become an SEC Filer by filing an S1 registration. The company will be convertible and promissory debt free by the end of the year as a result of its capitalization initiatives. The company filed a “FORM 1 A” circular with the SEC on August 18th 2021. The purpose of the circular is to request permission from the SEC to sell registered securities to accredited investors. The proceeds from the Form 1A circular are intended primarily to grow Advanced Satellite Systems’ subscriber base by acquiring a cable system in our geographic footprint area.
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QBAN is making a powerful move to the upside in recent days looking to break out into pennyland. The stock is getting noticed by some big players in small caps and at current market valuation this one has plenty of room to grow. Currently under heavy accumulation QBAN as emerged in recent days as an investor favorite and traded over 1.5 billion shares on Tuesday alone on several million in dollar volume for the day. QBAN is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars – a break over $0.0045 and its blue skies ahead for QBAN. It’s easy to get excited QBAN at current levels; “Pink Current” the Company recently stated its intention of up listing its shares to fully reporting OTCQB and beyond. Telco Cuba, expects to be convertible and promissory note debt free and cash flow positive within the next 24 months. The Company has been building up its BOD recently appointing Mr. Patrick T. Wall and Mrs. Camille Whiddon an Account executive from Uniti Fiber (NASDAQ: UNIT), to its board of directors. QBAN currently operates via its 3 subsidiaries including Advanced Satellite Systems which recently signed a 10 year agreement with City of Hawthorne and is awaiting a $1.4 million payout from the FCC for repack expenses. Management states Advanced is expecting more revenue opportunities from Government grants as well as expanding its services to include 4K & HD television services. QBAN management has been working hard behind the scenes and is currently on the lookout to acquire an internet & cable television service provider as well as embark on a global sales expansion. We will be updating on QBAN so make sure you Subscribe to Microcapdaily so you know what’s going on with QBAN.
Disclosure: we hold no position in QBAN either long or short and we have not been compensated for this article.