us national telecom inc (USNL:OTC US)
us national telecom inc (USNL) Snapshot
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Open
$0.0001
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Previous Close
$0.0001
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Day High
$0.0001
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Day Low
$0.0001
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52 Week High
05/21/12 - $0.0008
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52 Week Low
07/11/12 - $0.0001
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Market Cap
347.5K
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Average Volume 10 Days
565.0K
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EPS TTM
--
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Shares Outstanding
3.5B
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Related News
us national telecom inc (USNL) Related Businessweek News
No Related Businessweek News Foundus national telecom inc (USNL) Details
U.S. National Telecom, Inc. does not have significant operations. It focuses on various acquisitions in the real estate market through a combination of capital raises. The company was formerly known as Yi Wan Group, Inc. and changed its name to U.S. National Telecom, Inc. in September 2007. U.S. National Telecom was founded in 1999 and is based in Miami, Florida.
us national telecom inc (USNL) Key Developments
U.S. National Telecom, Inc. announced that it has established a wholly owned subsidiary. The name of the subsidiary is Florida Bay Investments, Inc. A Florida based corporation that will be used to acquire distressed real estate in the Florida market. The company has identified multiple properties in which it targets to acquire through its network of real estate professionals in Florida. Florida Bay Investments, Inc. plans to invest in cash flow properties in multiple real estate markets throughout Florida. The markets that have been targeted include Gainesville, Tampa, St. Petersburg, Orlando, and Jacksonville, Florida. Further acquisitions in Miami, Ft. Lauderdale, and Palm Beach, Florida are also being considered in the due diligence currently underway.
the Board of Directors of U.S. National Telecom, Inc. by Unanimous Written Consent dated as of November 13, 2011, adopted resolutions setting fourth proposed amendments to the Certificate of Incorporation of the Corporation as hereto amended, declaring said amendments to be advisable and calling for the submission of such amendments to the stockholders of the Corporation for consideration thereof. The resolutions setting forth the proposed amendments are as follows: The total number of shares of stock which the Corporation shall have authority to issue is: Forty billion and twenty five million, and one (40,025,000,001) shares, consisting of forty billion (40,000,000,000) shares of common stock, par value $0.000001 per share and a class of twenty five million and one share (25,000,001) shares of preferred stock, par value $0.000001 per share. The Board of Directors of the Corporation is vested with the authority to determine and state the designations and preferences, limitations, relative rights and voting rights, if any, of each series by the adoption and filing in accordance with Florida General Corporation Law, before the issuance of such shares of such series, of an amendment or amendments to the Certificate of incorporation determining the terms of such series, which amendment need not be approved by the stockholders or the holders of any class or series of shares except as provided by law. All shares of preferred stock of the same class shall be identical. No Share shall be issued without consideration being exchanged, and it shall thereafter be non assessable.
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Industry Analysis
USNL
Industry Average
| Valuation | USNL | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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