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Some to chew on this fine, crisp morning in Denver. PSTI topping out. CHTL news

|Includes: VelaTel Global Communications, Inc. (VELA)
Focus:
 
 
 
Recall MOTR turnaround discussions yesterday.....seeing carryover...up .88 at 18.50..up 1.50......focus on filling back to mid/lower 18 range in light of......
 
 
Will be tracking COCO and YRCW a little closer into the qtr......see comments on both...
 
 
PSTI for topping out as it appears to be doing......
 
 
Recall CHTL staged a turn around monday, but gave back....some very significant pre mkt news according to those familiar with what's been going....that may serve as a catalyst to re enforcing a turnaround pattern..
 
ZTE and ChinaTel Sign Memorandum of Understanding for Global Partnership
2011-01-26

 

 Shenzhen – ZTE Corporation, a leading global provider of telecommunications equipment and network solutions, today announced formation of a partnership with ChinaTel to promote the process of broadband access solutions and services worldwide. ZTE Corporation and Perusat, the subsidiary of ChinaTel in Peru, have been deploying a nationwide WiMAX (LTE-Ready) network in Peru. Phase one encompasses the eight most populated cities of Peru except Lima. Further expansion will cover the rest cities in Peru, including Lima and Callao.

The national network deployment is expected to be completed by 2017. ChinaTel has chosen to upgrade the first base station equipment ZTE is manufacturing for Perusat to take advantage of ZTE's latest wireless broadband technology, 4T8R beam forming. ChinaTel recently delivered the down payment for the order, and ZTE has commenced manufacturing. ZTE expects to deliver the equipment to Peru by May 2011. ChinaTel estimates the commercial launch of the Peru network will occur by August 2011.

"We are excited about our partnership with ZTE and its ability to fully deliver broadband equipment and end-to-end network solutions,"said ChinaTel's CEO George Alvarez. "And that helps ChinaTel's networks to stay ahead of the global competition. ZTE's advanced technology provides us the flexibility to decide in each city whether to place these first base stations farther apart and increase the footprint of geographic coverage, or to maintain the original array and serve more initial subscribers before reaching the capacity of this equipment. Both options reduce and defer our average capital expense per subscriber, and improve our return on investment."

 

ChinaTel's President, Colin Tay, added: "Our relationship with ZTE strengthens our plan to be at the forefront of delivering advanced internet technologies across the globe as we continue to build our infrastructure in emerging markets like Latin America and Asia."

 

"ZTE is pleased to add ChinaTel as our strategic partner for development of wireless broadband networks," said Mr. Zhou Hongfeng, VP of ZTE. "We are excited to work with ChinaTel to develop innovative new products and solutions to meet the expectations of commercial, government and residential subscribers to realize the full potential of wireless multi-media technologies."

 

ChinaTel is a US-based leading provider of engineering, deployment, and operations services related to the development of wireless broadband telecommunications networks. It was founded in May 2008 through a reverse merger between Mortlock Ventures, Inc., a publicly traded Nevada corporation with no operations, and Trussnet USA, Inc. Through Trussnet USA, ChinaTel has substantial experience in designing and building cellular and broadband Internet networks for major U.S. carriers, such as Sprint Nextel and T-Mobile International AG.


 


 

Tobin: .....news means that CHTL's need for equity capital significantly lower than we ever forecast...85% equipment financing at 5% five year interest only rates incredibly valuable...also opens up many 4G network deals in other regions of the world...

CHTL is the ONLY company in the world to have this level of partnership with a major equipment and hand set mfg.....look for ZTE hand sets and tablets with dual band Wimax and TD-LTE built in...at very low cost...also which are Mifi hot spots too...

 
 
 
Best strength from prior mentions:
 
PSTI  carryover....up .45.....up .16.......gettn scary as approaches doubling........No news today.....no revs...
Chart forPluristem Therapeutics, Inc. (NASDAQ:<a href='https://seekingalpha.com/symbol/PSTI' title='Pluristem Therapeutics, Inc.'>PSTI</a>)


 
 
 
10-20
 
KEYN up 3.20.....
 
 
 
MOTR kept inching following last bulletin on them....Recall expanding on bullish pr including MF article...
Last Trade: 17.62
Trade Time: 4:00PM EST
Change: Up 1.06
 
The 1 Reason I'm Buying Motricity Againat Motley Fool(Tue 12:29PM EST
 
 
 
 
RFMD down .66 at 7 on dismal earnings....Keeps getting bought into under 7 in pre mkt.....
 
 
 
COCO up .15 in 5 range......A history of channeling 4-6...........Maybe is willl finally head north of 6 on the news?..... COCO Corinthian Colleges Is a Value Buy - Regardless of Education Rule Changes at Seeking Alpha Wed 2:52AM EST   see details of article below......
P/E (ttm): 3.25
EPS (ttm): 1.66
    
Chart forCorinthian Colleges Inc. (NASDAQ:<a href='https://seekingalpha.com/symbol/COCO' title='Corinthian Colleges, Inc.'>COCO</a>)


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APWR Zacks #5 Rank Additions for Wednesday Zacks Wed 4:01AM EST BIOF Nasdaq ’Threshold’ Securities for Jan. 25 at Bloomberg Wed 12:44AM EST
 
 
 
 
Some prominents eyeing MNLU as a short...come to far to quick.....Personally as strong as it was yesterday, looks to  see 1.10 before .90.......No revenues / shell company?
Chart forMainland Resources Inc. (<a href='https://seekingalpha.com/symbol/MNLU' title='Mainland Resources, Inc.'>OTC:MNLU</a>)