About Us
Solidus Communications, Inc., a facilities-based technology and communications company, provides various integrated products and services under the Wireless Florida, Advanced Satellite Systems, and Air2Land brands to business and residential customers in the United States and internationally.
The company operates in two segments - Business, and Residential. The company offers IP and data services, including Ethernet, internet protocol (IP), and voice over internet protocol via next generation Fixed Wireless Internet technologies, traditional coaxial and ethernet based networks, and Fiber infrastructure.
Solidus Communications provides technology consulting services, providing end to end solutions to customers. The company was formerly known as Telco Cuba, Inc. and changed its name to Solidus Communications, Inc. in March 2023. The company was incorporated in 2008 and is headquartered in Ormond Beach, Florida.
Business Units
Advanced Satellite Systems, Inc.
Illumivation Labs, Inc.
- July 5, 2024
- July 1, 2024
- March 7, 2024
- October 2, 2023
- August 15, 2023
- June 5, 2023
- April 18, 2023
- April 3, 2023
- August 31, 2021
- August 23, 2021
- August 19, 2021
- August 4, 2021
- May 12, 2021
- May 11, 2021
- April 12, 2021
- March 15, 2021
- March 10, 2021
- September, 21 2020
Solidus Communications is pleased to announce the appointment of Dr. Andrei Ludu.
Ormond Beach, FL / July 5, 2024 / Solidus Communications, Inc. (OTC PINK: SLDC)
Dear Shareholders,
Solidus Communications, Inc. (SLDC) proudly announces the appointment of Dr. Andrei Ludu, PhD, as our inaugural Scientific Board Advisor.
Dr. Ludu is a distinguished physicist, mathematician, and engineer, recognized by some of the world's most prestigious scientific associations.
With a teaching career spanning four decades at universities in Bucharest, Louisiana, and Florida, Dr. Ludu has led numerous research and development projects.
He has authored over 80 articles and seven books covering topics such as general physics, wave generation, and superconductors.
Notably, Dr. Ludu has also introduced a new element to the revised periodic table of elements.
In his capacity as an advisor, Dr. Ludu will be instrumental in developing several projects that we will announce shortly.
"Dr. Andrei Ludu offers Solidus Communications unparalleled expertise and a proven track record in applied sciences. His extensive background, combined with his innovative research, makes him a valuable asset as we advance with Illumivation Labs and our ongoing projects," stated William Sanchez, CEO of Solidus Communications (OTCPK: SLDC).
For more details on Dr. Ludu's impressive background, please visit his curriculum vitae within the “Investor Relations” section on our website: Solidus Communications.
About the Scientific Board of Advisors:
The scientific board of advisors was instituted to stimulate ideas within our target industry. Its members contribute innovative concepts and projects to Illumivation Labs, providing peer review, strategic direction, and solutions for challenges ranging from the mundane to the complex.
About Illumivation Labs, Inc:
Illumivation Labs is an incubator specializing in the development and commercialization of cutting-edge ideas in the aerospace, aeronautical, and oceanographic industries. The lab's primary purpose is to foster innovation and bring transformative concepts from these fields to market.
Further details about Illumivation Labs will be found on our website. We expect to launch it at some point during quarter 3, 2024. https://www.illumivationlabs.com
Thank You,
William J Sanchez
President & CEO
Solidus Communications, Inc.
william@soliduscommunications.com
(305) 747 – 7647
NON SOLICITATION:
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. Any securities offered or issued in connection with the above-referenced merger and/or investment have not been registered, and will be offered pursuant to an exemption from registration.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "anticipate," "estimate," "expect," "intend," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and results of operations.
Contact us at:
William J Sanchez
Chairman/CEO
william@soliduscommunications.com
(305) 747 7647 x 101
Follow "SLDC" on Twitter: @soliduscommunications
Stock Symbol: SLDC
Company Website: www.soliduscommunications.com
Ormond Beach, FL / July 1, 2024 / Solidus Communications, Inc. (OTC PINK: SLDC)
Dear Shareholders,
This past year, 2023 - Our President – William J Sanchez was named to the Volusia County
Business Incubator Advisory Board. The Incubator is a partnership between Volusia County and
The University of Central Florida targeting emerging business in many sectors, including the
Aero Space industry.
Our President’s exposure during his continued tenure at the VC Business Incubator Advisory
board has yielded opportunities that Solidus Communications will develop.
A new subsidiary, Illumivation Labs, Inc. has been incorporated in the State of Florida to develop
those projects with the potential to bring massive shareholder value.
Shortly, Solidus Communications will announce a Scientific Board of Advisors that will aid us in
developing those projects, and to bring those emerging technologies to market.
The Scientific Board of Advisors will be comprised of professors and scientists in Physics, Math,
and the Aerospace sector.
During this pivot, we assert Solidus Communications’ commitment to its core business has not
changed, but the Wireless Internet Service Provider industry has.
While the above is certainly good news, and has the potential to redefine Solidus
Communications, the recent BEAD grant awards in the state of Florida have created obstacles to
our wireless internet roll out strategy.
“Competing with those grants, that are in essence “free” money, largely given to only big
Internet providers and the resulting unavoidable Fiber over build in the areas we offer service
creates a race to the bottom in price for us.”, stated William Sanchez, President of Solidus
Communications, Inc. (SLDC)
Solidus Communications, Inc. concluded a pivot to a new sector was required to continue its
path to increasing shareholder value.
William J Sanchez, continued, “I am looking into compelling technology in the Aerospace
industry as the next step in our evolution. The Aerospace industry is in its infancy, and we are in
the right place and are at the right time to ride the oncoming wave.”
More information will be made available when merited.
Thank You,
William J Sanchez
President & CEO
Solidus Communications, Inc.
william@soliduscommunications.com
(305) 747 – 7647
NON SOLICITATION:
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of
these securities, nor will there be any sale of these securities in any state or other jurisdiction in
which such offer, solicitation or sale is not permitted. Any securities offered or issued in
connection with the above-referenced merger and/or investment have not been registered, and
will be offered pursuant to an exemption from registration.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements made pursuant to the Private
Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "plans,"
"explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "anticipate,"
"estimate," "expect," "intend," and "project" and other similar words and expressions are
intended to signify forward-looking statements. Forward-looking statements are not guarantees
of future results and conditions but rather are subject to various risks and uncertainties. Some of
these risks and uncertainties are identified in the company's filings with the SEC. The occurrence
of any of these risks and uncertainties could have a material adverse effect on the company's
business, financial condition, and results of operations.
Contact us at:
William J Sanchez
Chairman/CEO
william@soliduscommunications.com
(305) 747 7647 x 101
Follow "SLDC" on Twitter: @soliduscommunications
Stock Symbol: SLDC
Company Website: www.soliduscommunications.com
March 7th 2024
Solidus Communications, Inc.
260 Williamson Blvd Unit 731544
Ormond Beach, FL 32173
Re: Rescission of WIFIBER Corp. shares acquisition
Solidus Communications, Inc. and the shareholders of WIFIBER Corp have agreed for Solidus Communications to rescind the acquisition of the WIFIBER Corp shares.
Certain metrics were not reached by WIFIBER Corp., and Solidus Communications, Inc. was unable to secure funding for the initial payment due to the WIFIBER Corp shareholders.
Rescission possibility was initially disclosed in our Q1 2024 notification of late filing, due to the possibility of the rescission.
s/William Sanchez
President, Solidus Communications, Inc.
Solidus Communications today announced the acquisition of the Central Florida regional Fixed Wireless Access Internet Service Provider known as WiFIBER Corp.
Solidus Communications, Inc. (OTCBB:SLDC)
ORMOND BEACH, FL, UNITED STATES, October 2, 2023 /EINPresswire.com/ -- Solidus Communications, Inc. completes its acquisition of Central Florida Regional Fixed Wireless Access Internet Service Provider WiFIBER Corp.
Ormond Beach, FL / October 2, 2023 / Solidus Communications, Inc. (OTCBB: SLDC)
Solidus Communications, Inc. (OTCBB: SLDC) announces that it has completed the acquisition of the Central Florida regional Fixed Wireless Access Internet Service Provider (“WISP”) WiFIBER Corp.
“The acquisition of WiFIBER continues our pivot to become the leading Fixed Wireless Access Internet service provider in rural Florida. WiFIBERs’ current territory is yet to be fully realized and accelerates Solidus Communications, overall vision.”, stated William J Sanchez, CEO of Solidus Communications, Inc. (OTCBB: SLDC)
The acquisition adds over a million dollars of assets and annual revenues to Solidus Communications’ financial statements.
As part of the acquisition, Solidus Communications acquired real estate in the form of land and a communication tower in Bronson, Florida.
“The diversification of revenue is a priority as we continue towards the goal of up-listing SLDC to NASDAQ. The addition of the communication tower to our holdings, enable us to take advantage of the ever-increasing interest in leasing space on communication towers. Solidus aims to both be a service provider of Fixed Wireless Internet Access as well as a service provider to other telecommunication providers. Our next phase of expansion will benefit from this new cog, and to continue our focus on diversification of revenue to propel the company towards NASDAQ.”, said William J Sanchez, CEO of Solidus Communications.
"The vision of our project, "Wireless Florida", is further escalated by this latest acquisition." - William Sanchez, CEO.
We are actively looking for acquisition candidates, and communication towers in Central Florida. We welcome any and all suggestions.
About WiFIBER Corp.
Based in Chiefland, Florida, WiFIBER Corp is a Fixed Wireless Access Internet service provider, serving Chiefland, Florida and nearby territories since 2005.
WiFIBER offers Internet services to residential, commercial, and governmental agencies in Gilchrist and Levy counties.
Proforma financial statements on WiFIBER Corp will be made available on SLDC's upcoming quarterly financial statement.
About Solidus Communications, Inc.
Based in Ormond Beach, Florida, Solidus Communications, Inc. is a company that specializes in the acquisition of technology infrastructure companies, currently comprised of Advanced Satellite Systems, Inc. a provider of Internet and television services to home owner associations, and WiFIBER CORP, a provider of Internet access to residential, commercial, and government entities.
NON-SOLICITATION:
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. Any securities offered or issued in connection with the above-referenced merger and/or investment have not been registered, and will be offered pursuant to an exemption from registration.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "anticipate," "estimate," "expect," "intend," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and results of operations.
Contact us at:
William J Sanchez
Chairman/CEO
william@soliduscommunications.com
(305) 747 7647 x 101
Follow on Twitter: @soldiusSLDC
Stock Symbol: OTCPINK - SLDC
Company Website: www.soliduscommunications.com
william j sanchez
Solidus Communications, Inc.
+1 7869424449
email us here
Solidus Communications, Inc. fully executes Memorandum of Understanding with Central Florida regional Wireless Internet Service Provider
Ormond Beach, FL / August 15, 2023 / Solidus Communications, Inc. (OTC PINK: SLDC)
Solidus Communications, Inc. (OTC: SLDC) announces the completion of the due diligence period specified in the executed letter of intent with a regional Wireless Internet Service Provider, (“WISP”).
SLDC and the owners of the Florida regional Wireless Internet Service Provider have agreed and memorialized deal terms in a fully executed Memorandum of Understanding.
SLDC’s offer, based on an approximate value of the Wireless Internet Service Provider (“WISP”) on a annual revenue per dollar basis has been accepted.
A new subsidiary will be created under Solidus Communications, Inc. for the purpose of transferring the assets of the WISP.
Under the "MOU" deal terms, the existing WISP shareholders will keep a combined 7.5% of the new corporation.
Details of the acquisition include:
- Annual revenues of over 1.2 million dollars
- Over 1,000 customers
- Approximately 1 million dollars in assets that include communication towers, vehicles, plant and assets
Solidus is currently preparing the purchase documents, looking to complete the purchase by mid-September.
Funding for the purchase will come from the Form 1A, ( “REG A” ) the Securities and Exchange Commission (“SEC”) approved during Q1, 2023.
We are actively looking for other acquisition candidates in Florida, and welcome any and all suggestions of possible candidates.
William J Sanchez
President & CEO
Solidus Communications, Inc.
william@telcocuba.com
(305) 747 – 7647
NON-SOLICITATION:
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. Any securities offered or issued in connection with the above-referenced merger and/or investment have not been registered, and will be offered pursuant to an exemption from registration.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "anticipate," "estimate," "expect," "intend," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and results of operations.
Contact us at:
William J Sanchez
Chairman/CEO
william@soliduscommunications.com
(305) 747 7647 x 101
Follow on Twitter: @soldiusSLDC
Stock Symbol: SLDC
Company Website: www.soliduscommunications.com
Solidus Communications, Inc. Files Complaint in the United States District Court for the Southern District of New York Against EMA FINANCIAL, LLC
Ormond Beach, FL / June 5, 2023 / Solidus Communications, Inc. (OTC: SLDC)
Solidus Communications (OTC: SLDC) announces that is has filed a complaint against EMA FINANCIAL, LLC., and Felicia Preston with regards to a violation of Federal RICO statutes. The violation relates to the unlawful usuary interest rate charged on a convertible note.
The company is seeking a return of all converted shares or a cash equivalent of $812,218.39.
The complete complaint can be viewed at (https://www.soliduscommunications.com/images/2023/Telco-v-EMA_001-Complaint.pdf).
Solidus Communications, Inc. has retained the services of The Basile Law Firm due to their expertise in the subject matter to represent it against EMA Financial, LLC and Felicia Preston.
William J Sanchez
President & CEO
Solidus Communications, Inc.
william@telcocuba.com
(305) 747 – 7647
NON-SOLICITATION:
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. Any securities offered or issued in connection with the above-referenced merger and/or investment have not been registered, and will be offered pursuant to an exemption from registration.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "anticipate," "estimate," "expect," "intend," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and results of operations.
Contact us at:
William J Sanchez
Chairman/CEO
william@soliduscommunications.com
(305) 747 7647 x 101
Follow on Twitter: @soldiusSLDC
Stock Symbol: SLDC
Company Website: www.soliduscommunications.com
Released as an open letter and press release via ACCESSWIRE
Ormond Beach, FL / ACCESSWIRE / April 18, 2023 / Solidus Communications, Inc. (“Solidus” or the “Company”) (OTCPK: QBAND) (OTCPK: SLDC) / is pleased to report on direction, growth, and acquisitions
Dear Shareholders,
Solidus Communications is pleased to announce the following completed goals. 2023 will be a pivotal year for Solidus Communications.
FINRA announced the Company’s corporate action/name change to Solidus Communications, Inc., and its new ticker symbol, “SLDC”. SLDC will become effective on/after 4/24/2023.
Solidus Communications completed its audit of financial statements for the years 2015, and 2016, bringing the company into compliance with prior SEC requirements.
Solidus Communications divested its non-telecommunication related subsidiary, Naked Papers Brand during Q1 of 2023. “The divestiture of Naked Papers Brand, enables the company to continue to focus solely on consumer facing telecommunication technologies and services”, said CEO, William Sanchez.
The Securities and Exchange Commission qualified Solidus Communications’ Regulation A prospectus. “The SECs qualification of the company’s Regulation A circular permits Solidus to fund its acquisition of two target candidates of which we are already in communication with.”, stated CEO William Sanchez.
“Acquisitions are an important source of growth for Solidus Communications. As 2023 progresses, with the funds raised from the Reg A initiative, and the acquisitions, Solidus Communications will increase its annual revenue and complete another milestone towards its stated goal of up listing to a major board. We are on the right path towards up listing, and the Company’s persistence in this matter can be gleaned from our history, we will prevail”, said CEO, William Sanchez.
Advanced Satellite Systems, Inc. doing business as Wireless Florida, Inc., a subsidiary of Solidus Communications is close to the completion of a 10-month overhaul of its core infrastructure.
Solidus is re positioning Wireless Florida, Inc. as a provider of Fixed Wireless services to residential and commercial clients. A substantial investment has been made to this end, starting with the company’s standardization of “Tarana Wireless” next generation Fixed Wireless Access (FWA) technologies at the heart of the company’s offerings.
Tarana Wireless is a manufacturer of a unique product in the fixed wireless space. Their G1 5Ghz (5G) and 3Ghz (3G) CBRS based systems enable broadband services in the hardest to reach sectors of rural Florida. More information can be found at https://www.taranawireless.com.
“The Tarana Wireless roll out is a game changer for us”, “The equipment enables us to enter markets without high buildout infrastructure costs, permitting download speeds of up to 800 Megs wirelessly” – stated Solidus Communications CEO, William Sanchez.
Let the stronger hands prevail.
Thank You,
William J Sanchez
President & CEO
Solidus Communications, Inc.
william@soliduscommunications.com
(305) 747 – 7647
NON-SOLICITATION:
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. Any securities offered or issued in connection with the above-referenced merger and/or investment have not been registered, and will be offered pursuant to an exemption from registration.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "anticipate," "estimate," "expect," "intend," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and results of operations.
Contact us at:
William J Sanchez
Chairman/CEO
william@soliduscommunications.com
(305) 747 7647 x 101
Follow "QBAND" on Twitter: @soldiusSLDC
Stock Symbol: QBAND, after April 24, 2023 SLDC
Company Website: www.soliduscommunications.com
OFFICIAL COMPANY SOURCES OF INFORMATION
Ormond Beach, FL / April 3, 2023 / Solidus Communications, Inc. (OTC PINK:QBAND - SLDC)
Dear Shareholders,
(OTCPINK:QBAND, SLDC) Due to our completed corporate action / Name Change and Ticker Symbol change (SLDC), our official sources of company information have been updated.
Effective today, April 3, 2023 the following sources are to be considered official company sources of information:
OTCMarkets: All disclosures, news, etc. on OTCMarkets are to be considered true and factual representations of Solidus Communications, Inc..
TWITTER: Our Twitter handle has changed to SolidusSLDC. All information is to be considered true and factual. Updates, upcoming acquisition information, daily operational information will be updated via this medium.
WEBSITE: https://www.soliduscommunications.com. We will disclose similar information to what is on OTCMarkets, per standards.
PRESS RELEASES: We contract with NEWMEDIAWIRE for dissemination of our press releases to the market.
DIRECT: Direct communication with the company; Email or Telephonic. All email from the company comes from the domains @soliduscommunications.com or @soliduscom.com. No private, or privileged, information will be divulged and/or reported. Please do not ask for privileged information. Solidus Communications, Inc. only informs our shareholders en masse and not selectively.
FACEBOOK, INSTAGRAM: While we have secured our namesake handles on Facebook and Instagram, we do not use these mediums for any investor related information. Please do not refer to these accounts for any information.
Please take care to ensure any purported information that appears to come from the company, is in fact from the company by checking one of the aforementioned sources.
As always, please do your own due diligence to ensure that you have all of the correct information.
All information that we elect to make public can be found on our official OTCMarkets profile, TWITTER account, website, and/or directly from a company official.
We do not make unofficial announcements.
Please keep in mind that any contracts that creates a material event, as a merger would, has to be announced per SEC regulations. As with any good news, you should expect any company to swiftly announce the action as it greatly benefits the company and its shareholders. Withholding merger information, in my opinion does not create any opportunity for the company or its shareholders; please keep this in mind when reading and action on news about mergers.
We are well underway with our stated goals, more information will be released soon.
Let the stronger hands prevail.
Thank You,
William J Sanchez
President & CEO
Solidus Communications, Inc.
william@telcocuba.com
(305) 747 7647
NON-SOLICITATION:
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. Any securities offered or issued in connection with the above-referenced merger and/or investment have not been registered, and will be offered pursuant to an exemption from registration.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "anticipate," "estimate," "expect," "intend," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and results of operations.
Contact us at:
William J Sanchez
Chairman/CEO
william@soliduscommunications.com
(305) 747 7647 x 101
Follow "QBAND" on Twitter: @soldiusSLDC
Stock Symbol: QBAND (SLDC)
Company Website: www.soliduscommunications.com
Open Letter from the CEO
Ormond Beach, FL / August 31, 2021 / Telco Cuba, Inc. (OTC PINK: QBAN)
Dear Shareholders,
(OTCPINK:QBAN) – With over 100 years of combined experience, Telco Cuba’s independent board members continue to offer opportunities to the company.
The City of Hawthorne is one of the opportunities provided by the board of directors. The contract signed with the city of Hawthorne is a lucrative 10-year inroad into a fast-growing geographical area of central Florida. An additional 5-year extension on the current contract provides the company with a combined 15 years of access to this area.
Procuring grants is an endeavor that requires experience and know-how. Our board of directors’ experience is instrumental to our current goals and serves to guide management on its path.
The company is entering a period of growth, and with the proper capitalization and board direction, shareholder value will increase.
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.
The multi-year project, is another opportunity that has been offered to Advanced Satellite Systems, by its board of directors. The project, contingent on a master contract that we are unrelated to would enable us to provide Internet and Cable television services to a Florida based electrical services provider.
The value of your board of directors is measured by the opportunities which they help materialize. As president of Telco Cuba, I am pleased that our board is actively looking to increase shareholder value. Although this email is forward looking in its context, I am pleased that Telco Cuba is continuing onto its manifest destiny.
Thank You,
William J Sanchez
President & CEO
Telco Cuba, Inc.
william@telcocuba.com
(305) 747 – 7647
NON-SOLICITATION:
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. Any securities offered or issued in connection with the above-referenced merger and/or investment have not been registered, and will be offered pursuant to an exemption from registration.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "anticipate," "estimate," "expect," "intend," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and results of operations.
Contact us at:
William J Sanchez
Chairman/CEO
william@telcocuba.com
(305) 747 7647 x 101
Follow "QBAN" on Twitter: @telcocuba
Stock Symbol: QBAN
Company Website: www.telcocuba.com
Open Letter from CEO
Corporate goals
Ormond Beach, FL / August 23, 2021 / Solidus Communications, Inc. (OTC PINK: QBAN)
Dear Shareholders,
(OTCPINK:QBAN) 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.
Our 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, we will resubmit our request to FINRA to announce our name change.
We intend to continue auditing our financials, and become an SEC Filer by filing an S1 registration.
The audits are but one of the up-listing requirements, we already have an OTC designation of “Independent Directors”.
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.
The proceeds from the FCC Auction 107 lump sum payment are pending. The company has satisfied C-BAND Relocation Payment Clearinghouse requirements to date. The proceeds are earmarked towards improvements, growth, and investment in both the holding and cable/internet business unit.
The company and its structure were unaffected by the fraudulent articles of merger. We are stronger than ever and our resolve has not wavered.
2021 is not over, and we expect to have other initiatives announced as they become relevant to the narrative of the company. Advanced Satellite Systems is negotiating several memorandums of understanding, and they will be announced once signed. We are positioning Advanced Satellite Systems to gain inroads in Central Florida’s rural communities; those communities are ready and wanting of the services Advanced Satellite Systems offers. Those rural areas are wanting to be part of the new economy, one that requires internet to attract businesses and residents alike. We are striving to become the one provider in those areas.
Let the stronger hands prevail.
Thank You,
William J Sanchez
President & CEO
Solidus Communications, Inc.
william@telcocuba.com
(305) 747 – 7647
NON-SOLICITATION:
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. Any securities offered or issued in connection with the above-referenced merger and/or investment have not been registered, and will be offered pursuant to an exemption from registration.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "anticipate," "estimate," "expect," "intend," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and results of operations.
Contact us at:
William J Sanchez
Chairman/CEO
william@telcocuba.com
(305) 747 7647 x 101
Follow "QBAN" on Twitter: @telcocuba
Stock Symbol: QBAN
Company Website: www.telcocuba.com
Open Letter from CEO
OFFICIAL COMPANY SOURCES OF INFORMATION
Ormond Beach, FL / August 19, 2021 / Solidus Communications, Inc. (OTC PINK: QBAN)
Dear Shareholders,
(OTCPINK:QBAN) On August 19th, 2021 at approximately 6:28 AM PST an Articles of Conversion/Exchange/Merger document was filed/processed by the Nevada Secretary of State. This document purported to announce the merger of TV, LLC with Solidus Communications, Inc., with Solidus being the surviving entity.
As stated on our TWITTER account, no one employed or affiliated to the company caused this document to be filed with the Nevada Secretary of State.
We reported and filed the necessary complaint paperwork with the Nevada Secretary of State regarding the fraudulent filing.
At this point, we are told that the incident will be investigated. We will continually follow up on the investigation process to ensure that the secretary of state removes the fraudulent filing.
Currently there are only 4 ways in which we communicate with our shareholders.
The first is our twitter account, of which we are attempting to get verified. Our twitter account is @telcocuba.
The second is via the OTC Markets disclosure service.
The third is via our website: https://www.telcocuba.com
The fourth is via direct communication with the company; Email or Telephonic. All email from the company comes from the domain @telcocuba.com.
Please take care to ensure any purported information that appears to come from the company, is in fact from the company by checking one of the aforementioned sources.
As always, please do your own due diligence to ensure that you have all of the correct information.
All information that we chose to make public will always be found on our official TWITTER account, our OTCMarkets profile, our website, and/or directly from a company official.
We do not make unofficial announcements.
Please keep in mind that any contracts that creates a material event, as a merger would, has to be announced per SEC regulations. As with any good news, you should expect any company to swiftly announce the action as it greatly benefits the company and its shareholders. Withholding merger information, in my opinion does not create any opportunity for the company or its shareholders; please keep this in mind when reading and action on news about mergers.
There are many important milestones being worked on, milestones that are compelling and which will be announced when they are set and ready to be disclosed.
Let the stronger hands prevail.
Thank You,
William J Sanchez
President & CEO
Solidus Communications, Inc.
william@telcocuba.com
(305) 747 – 7647
NON-SOLICITATION:
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. Any securities offered or issued in connection with the above-referenced merger and/or investment have not been registered, and will be offered pursuant to an exemption from registration.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "anticipate," "estimate," "expect," "intend," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and results of operations.
Contact us at:
William J Sanchez
Chairman/CEO
william@telcocuba.com
(305) 747 7647 x 101
Follow "QBAN" on Twitter: @telcocuba
Stock Symbol: QBAN
Company Website: www.telcocuba.com
QBAN Announces updates
Ormond Beach, FL / August 4th, 2021 / Solidus Communications, Inc. (OTC PINK: QBAN)
Dear Shareholders,
Telco Cuba, Inc. (OTCPINK:QBAN) The company is completing its short-term objectives, especially in Hawthorne, FL. Our Land Earth Station in Hawthorne, FL is now operational and the company anticipates commencement of service to the residents of the city of Hawthorne on September 1st 2021. We are holding an open house at the City of Hawthorne city hall during the month of August to demonstrate our services to the residents of the city. The next steps in Hawthorne include expanding the coverage footprint and fiber to the home (FTTH) initiatives.
Solidus Communications, Inc. is on its way to become convertible debt free and expects to be convertible note free in the next 12 months. The company’ convertible debt balance is under 60,000.00.
Solidus Communications, Inc. is currently working with three additional cities in Alachua County to provide internet, cable, and digital phone service. As those projects materialize, we will make more information available.
We engaged Widelity, Inc. to assist Advanced Satellite Systems, Inc. with the procurement of grant funding. The process of obtaining grant funds is complex and Widelity’s experience in the matter is important in attaining those funds. Solidus Communications is prioritizing its efforts in filing for the grants, especially with respect to the infrastructure bill, which makes additional funds available within a shorter cycle than other government grants.
On June 22, 2021 the FCC issued an updated incumbent earth station list, in which the FCC confirms the current status of our 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. We are awaiting the CBAND-RPC’s advisement about the next steps to claim the funds allocated to Advanced Satellite Systems.
There are other initiatives in the pipeline and those will be disclosed at a later date.
Thank You,
William J Sanchez
President & CEO
Solidus Communications, Inc.
william@telcocuba.com
(305) 747 – 7647
NON-SOLICITATION:
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. Any securities offered or issued in connection with the above-referenced merger and/or investment have not been registered, and will be offered pursuant to an exemption from registration.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "anticipate," "estimate," "expect," "intend," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and results of operations.
Contact us at:
William J Sanchez
Chairman/CEO
william@telcocuba.com
(305) 747 7647 x 101
Follow "QBAN" on Twitter: @telcocuba
Stock Symbol: QBAN
Company Website: www.telcocuba.com
Open Letter from the CEO
Ormond Beach, FL / May 12, 2022 / Telco Cuba, Inc. (OTC PINK: QBAN)
Dear Shareholders,
We are pleased to announce that we received 1.2 million dollars from the relocation payment clearing house during our second quarter.
We are well underway in our planning and plans for expansion.
Solidus Communications has paid off debt to ensure no more increases of our outstanding shares due to convertible debt.
More information will be made available during the next coming weeks.
Thank You,
William J Sanchez
President & CEO
Telco Cuba, Inc.
william@telcocuba.com
(305) 747 – 7647
NON-SOLICITATION:
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. Any securities offered or issued in connection with the above-referenced merger and/or investment have not been registered, and will be offered pursuant to an exemption from registration.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "anticipate," "estimate," "expect," "intend," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and results of operations.
Contact us at:
William J Sanchez
Chairman/CEO
william@telcocuba.com
(305) 747 7647 x 101
Follow "QBAN" on Twitter: @telcocuba
Stock Symbol: QBAN
Company Website: www.telcocuba.com
Telco Cuba announces appointment of Camille Whiddon as director
Ormond Beach, FL / May 11, 2021 / Telco Cuba, Inc. (OTCPINK: QBAN)
Dear Shareholders,
Telco Cuba, Inc. (OTCPINK: QBAN) announces the appointment of Mrs. Camille Whiddon, to the board of directors. Mrs. Whiddon is an Enterprise Account Executive at Uniti Fiber, Advanced Satellite System’s connectivity partner of choice. Mrs. Whiddon brings significant experience presenting solutions at academic, government, and private enterprises and is a master negotiator that has led the design, development and delivery of large, multi-dimension technology-based solutions.
Mrs. Whiddon’ successful track record in management, and as an account executive at notable companies such as ADP, Cox Business, FedEx, Staples, Windstream Communications, and now Uniti Fiber makes her addition to Telco Cuba’s board of directors important.
Mrs. Whiddon’ background as a telecommunications professional is unique and important to Telco Cuba. Her professional background provides Telco Cuba, and Advanced Satellite Systems’ the business intelligence needed to make informed decisions based on years of experience, and sales strategy that can only be garnered from experience.
As the company progresses, and while wireless connectivity is an important part of our overall future, wireless technology nonetheless requires physical connectivity to accomplish its convenience. Uniti fiber enables Advanced Satellite Systems to accomplish its connectivity requirements, including upcoming connectivity in the cities of Edgewater and Hawthorne, Florida. Mrs. Whiddon’ experience in the fiber connectivity sector is vital.
Mrs. Camille Whiddon is certified to work with all levels of government in the United States (local, county, state and federal) as well as Human Capital Management (HCM) Certified. Mrs. Whiddon has served as a member of multiple teams supporting the healthcare industry under the Novation, UHC and Amerinet contracts.
Mrs. Whiddon earned her B.A. from the University of Nebraska - Lincoln. She's a graduate of Leadership Gainesville, a multi-year Presidents Club Achiever both with FedEx and Windstream and a former board member with the Gainesville Area Chamber of Commerce and Crime Stoppers in Gainesville, FL.
The company continues to position itself for growth in the Internet and cable television services industry. The prior appointment of Mr. Flinn and Mr. Wall, and now Mrs. Whiddon to the board of directors, each accomplished and successful in their respective field is key to the growth of the company and for the company to reach its stated goals.
These appointments serve to fuel the growth.
Thank You,
William J Sanchez
President & CEO
Telco Cuba, Inc.
william@telcocuba.com
(305) 747 – 7647
NON SOLICITATION:
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. Any securities offered or issued in connection with the above-referenced merger and/or investment have not been registered, and will be offered pursuant to an exemption from registration.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "anticipate," "estimate," "expect," "intend," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and results of operations.
Contact us at:
William J Sanchez
Chairman/CEO
william@telcocuba.com
(305) 747 7647 x 101
Follow "QBAN" on Twitter: @telcocuba
Stock Symbol: QBAN
Company Website: www.telcocuba.com
Telco Cuba’s subsidiary Advanced Satellite Systems signs a TEN-YEAR agreement with the City of Hawthorne, FL.
Ormond Beach, FL / April 12, 2021 / Telco Cuba, Inc. (OTC PINK: QBAN)
Dear Shareholders,
Telco Cuba, Inc.’s (OTCPINK:QBAN) subsidiary Advanced Satellite Systems, Inc. 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.
Taking advantage of the Florida population uptrend of the last 12 months, the board has mandated the company to increase its current subscriber base by investing in complementary businesses and new service contracts, such as the one signed with the City of Hawthorne.
The Hawthorne contract is the first step of our strategy to increase the subscriber base of Advanced Satellite Systems’ services in the vastly underserved area of central Florida.
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.
Telco Cuba, expects to be convertible and promissory note debt free and cash flow positive within the next 24 months.
The future is bright for Telco Cuba, Inc. We thank you for your time and wish you well.
Thank You,
William J Sanchez
President & CEO
Telco Cuba, Inc.
william@telcocuba.com
(305) 747 – 7647
NON SOLICITATION:
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. Any securities offered or issued in connection with the above-referenced merger and/or investment have not been registered, and will be offered pursuant to an exemption from registration.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "anticipate," "estimate," "expect," "intend," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and results of operations.
Contact us at:
William J Sanchez
Chairman/CEO
william@telcocuba.com
(305) 747 7647 x 101
Follow "QBAN" on Twitter: @telcocuba
Stock Symbol: QBAN
Company Website: www.telcocuba.com
Open Letter from CEO
Open Letter to Shareholders from Chief Executive Officer (CEO), William J. Sanchez
Ormond Beach, FL / March 15, 2021 / Telco Cuba, Inc. (OTC PINK: QBAN)
Dear Shareholders,
Telco Cuba, Inc. (OTCPINK:QBAN) announces the appointment of Mr. Patrick T. Wall, to the Board of Directors. Mr. Wall was most recently a Regional Senior Commercial Officer at the United States Department of Commerce. His assignments, during his 30+ year tenure at the Department of Commerce, saw him and his team successfully advocate for billions of U.S. dollars of export sales on behalf of U.S. industry on all five continents.
Among Mr. Wall’s more storied posts are: Regional Senior Commercial Officer for Argentina, Paraguay, and Uruguay; Principal Commercial Officer in Ho Chi Minh City, Vietnam; and Commercial Counselor in the Philippines. He has also represented US Industry interests in Dubai, UAE, and managed partner posts in Oman.
Other assignments placed Mr. Wall in Central America, where he served as a Senior Commercial Officer, part of the team that negotiated the Free Trade Agreement (FTA) between the United States and Panama.
Mr. Wall’s appointment to the board of directors is notable and significant. Telco Cuba’s earlier international endeavors were shelved due to US Government policy changes. Mr. Wall's experience at the Commerce Department affords the company with a seasoned director who can provide guidance and assistance in dealing with government entities related to grants to our cable/broadband business unit, the potential exporting of our systems and know-how to foreign markets. His 30 years of experience in negotiating and closing deals will be vastly beneficial as we continue our growth as a company.
Telco Cuba is preparing for the lump sum payment that Advanced Satellite Systems will receive by appointing experienced, industry specific directors to ensure maximum shareholder value.
The appointment of Mr. Flinn and Mr. Wall, each accomplished and successful in their respective fields, is key to reaching those stated goals.
The future is bright for Telco Cuba, Inc. We thank you for your time and wish you well.
Thank You,
William J Sanchez
President & CEO
Telco Cuba, Inc.
william@telcocuba.com
(305) 747 – 7647
NON SOLICITATION:
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. Any securities offered or issued in connection with the above-referenced merger and/or investment have not been registered, and will be offered pursuant to an exemption from registration.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "anticipate," "estimate," "expect," "intend," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and results of operations.
Contact us at:
William J Sanchez
Chairman/CEO
william@telcocuba.com
(305) 747 7647 x 101
Follow "QBAN" on Twitter: @telcocuba
Stock Symbol: QBAN
Company Website: www.telcocuba.com
Open Letter from CEO
Open Letter to Shareholders from Chief Executive Officer (CEO), William J. Sanchez
Ormond Beach, FL / March 10, 2021 / Telco Cuba, Inc. (OTC PINK: QBAN)
Dear Shareholders,
Telco Cuba, Inc. (OTCPINK:QBAN) announces the appointment of Mr. Francis Flinn, to the Board of Directors. Mr. Flinn is the current Chairman of the District Governance Board of the “East Central Vermont Community Fiber Network”, (“WWW.ECFIBER.NET). ECFiber is a multi-municipality provider offering broadband/Internet service to over 23 towns in the State of Vermont. Mr. Flinn’s experience throughout his 12 years at ECFiber, participating in the process of raising funds through bonds, governmental grants and other investment friendly instruments, as well as a background in technology benefits Telco Cuba, Inc. with a director who can positively help guide the company.
The appointment of Mr. Flinn as director is an important step in our overall growth strategy. His knowledge and experience will provide informed counsel in key financial and technical aspects of our roll-out of Broadband and Cable Television infrastructure.
Continuing on its expansion efforts, Telco Cuba is redoubling efforts to sell-off non-core assets. 2021 will be an important year for the company, with its stated major push for growth of Advanced Satellite Systems, it behooves Telco Cuba to shift its focus entirely on strategy aimed at growth and increasing shareholder value.
We are steadfast in our plans for growth, and are actively seeking a worthwhile acquisition candidate of a cable television/internet service provider to add to our portfolio.
The FCC completed the second and final phase of Auction 107. The FCC has set forth a schedule for winning bidders to pay for the spectrum won in the auction. Once those payments are made, we expect to have a better idea of when the $1.4+ Million lump sum payment, which we elected to receive and that the FCC accepted, will be paid. We are cautiously optimistic of the timing but expect the payment will be made within the second quarter.
For more information on the FCC Auction 107 and how it relates to Advanced Satellite Systems, Inc., please click https://www.telcocuba.com/FCC-AUCTION-107-INFO and click https://www.telcocuba.com/FCC-AUCTION-107-ACCEPTED-LIST
The US Government, through the COVID-19 Relief Act and The Cares Act has funded several initiatives that will benefit Advanced Satellite Systems on its mandate of growth. Among the initiatives is the Emergency Broadband Benefit Program, which grants a $50 monthly subsidy to households affected by the pandemic, Connecting Minority Communities Pilot Program, and the Broadband Infrastructure Deployment grant. The company plans on taking full advantage, where possible of the aforementioned grants and other opportunities in furtherance of our goals of increasing our reach and overall subscriber growth.
As stated before, the future is bright for Telco Cuba, Inc. We thank you for your time and wish you well.
Thank You,
William J Sanchez
President & CEO
Telco Cuba, Inc.
william@telcocuba.com
(305) 747 – 7647
NON SOLICITATION:
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. Any securities offered or issued in connection with the above-referenced merger and/or investment have not been registered, and will be offered pursuant to an exemption from registration.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "anticipate," "estimate," "expect," "intend," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and results of operations.
Contact us at:
William J Sanchez
Chairman/CEO
william@telcocuba.com
(305) 747 7647 x 101
Follow "QBAN" on Twitter: @telcocuba
Stock Symbol: QBAN
Company Website: www.telcocuba.com
Open Letter from CEO
Open Letter to Shareholders from Chief Executive Officer (CEO), William J. Sanchez
Ormond Beach, FL / September 21, 2020 / Telco Cuba, Inc. (OTC PINK: QBAN)
Dear Shareholders,
While the last 6 months have been unprecedented in scope, Telco Cuba, Inc. has kept moving our agenda forward. Each business unit fared differently during the past 6 months, but we believe the future is brighter.
Advanced Satellite Systems, Inc.
Advanced Satellite Systems, Inc. abided by the “Keep Americans Connected” initiative, spearheaded by the Federal Communications Commission (FCC). We were precluded from disconnecting non-paying customers, and saw self-customer attrition due to inability to pay. We have adjusted to the changes by expanding our service offerings to other cities in the State of Florida. More information will be disseminated as we progress on that front.
The FCC has mandated a restructuring of C-Band frequencies in use by the industry. The restructuring, or “repack” is intended to free up a large portion of the C-Band spectrum for auctioning.
The repack has opened up several opportunities for Advanced Satellite Systems, Inc., most notably is the FCC’s offer of a lump sum figure to compensate registered earth station operators for the expense associated with the repack.
Advanced Satellite Systems, Inc. operates 7 registered and licensed earth stations throughout our service footprint, each with a headend providing service to the adjacent areas. The lump sum payment due to Advanced Satellite Systems, Inc., based on the FCC cost catalog is approximately $1.35 Million Dollars.
Telco Cuba, Inc. is analyzing how best to proceed with this windfall, to further Advanced Satellite Systems, Inc. objectives. The proceeds offer an opportunity for growth via Advanced’s current infrastructure, acquisitions and beyond.
Advanced Satellite Systems is continuing its infrastructure overhaul. The company has completed approximately 90% of a rewire in Ormond Beach, FL. Once complete, we will start to offer 4K and HD television services there.
Work has commenced in Edgewater, FL as well, rewiring with the same intention of offering next generation type services to customers in that city.
Naked Papers
The effect of the quarantine on consumers has been especially beneficial to the Naked Papers Brand unit. An increase in sales in the business unit is attributed to changing consumer habits; consumers are more hygiene conscious and Naked Papers brand paper is a personal use item.
Telco Cuba, Inc. is confident the increase in sales will further bolster the sale of the business unit as this product does not fit in our synergy or long term growth strategy.
Amgentech, Inc.
Amgentech, Inc. is expanding its service offering to include residential services, targeting Advanced Satellite Systems, Inc. customers. We expect the new offerings to start in Mid-October, marketing services in the Daytona Beach, Daytona Beach Shores, Edgewater, Ormond Beach, and Flagler Beach service areas.
Thank You,
William J Sanchez
President & CEO
Telco Cuba, Inc.
william@telcocuba.com
(305) 747 – 7647
NON SOLICITATION:
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. Any securities offered or issued in connection with the above-referenced merger and/or investment have not been registered, and will be offered pursuant to an exemption from registration.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "anticipate," "estimate," "expect," "intend," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company's business, financial condition, and results of operations.
Contact us at:
William J Sanchez
Chairman/CEO
william@telcocuba.com
(305) 747 7647 x 101
Follow "QBAN" on Twitter: @telcocuba
Stock Symbol: QBAN
Company Website: www.telcocuba.com
Investor Relations
Mr. William J Sanchez has served as our President, Chief Executive Officer and Chairman of the Board since June 15th, 2015. Mr. Sanchez has over 31 years of experience providing services to Fortune 50, 200 and smaller companies. Mr. Sanchez has held positions at CBS Sports, Tribune Interactive, Knight Ridder, DLJ Direct and has been instrumental in the creation of several nascent companies such as Starmedia, Inc., SportsLine, USA, and Picknation, Inc., among many.
Professor • Researcher • Scientific & Engineering Consultant
Expertise: Physics, Engineering, Mathematics
Dr. Andrei Ludu is a highly knowledgeable and results-oriented professor with extensive experience in all phases of program development, experimentation, results analysis, and progressive research. His expertise spans fundamental and applied science, nonlinear systems, fluid dynamics, nuclear physics, computational biology, and mathematical modeling. Dr. Ludu consistently demonstrates high levels of initiative and problem-solving skills in complex scientific and engineering environments. He is an exceptional writer and communicator, an innovative scientist, and a valuable asset to research and development teams.
Proficiencies:
- Scientific Training
- Research Development
- Ocean and Sea-Ice Science
- Fluid Physics, Shock Waves
- Signal and Data Analysis
- Computer Modeling
- Nuclear Physics
- Wavelets, Fractals
- Nonlinear Analysis
- Military Applications of Physics
- Grant Writing
- Technical Documentation
Research Experience
- US Navy Research Lab., Stennis Space Center, MS - Research and Development Consultant (2021–2024)
- Proctor & Gamble, Cincinnati, OH, and Frankfurt/Main, Germany - Research and Development Consultant (1995, 2006–2009)
- Antwerp University, Belgium - Sabbatical (2008)
- J.W. Goethe University, Frankfurt/Main, Germany - Guest Professor (1993–2007)
- J. Liebig University, Giessen, Germany - Guest Professor (1993–2003)
- Institute of Atomic Physics, Bucharest - Researcher (1980–1985)
Education & Certification
- PhD in Physics: Bucharest University, Institute for Atomic Physics, Romania
- Dissertation: Group Methods in Thermonuclear Fusion
- MS in Theoretical Physics and Mathematics: Bucharest University, Romania
- BS in Theoretical Solid State: Bucharest University, Romania
- Certified in Geometry: International Center for Theoretical Physics, Trieste, Italy
Selected Publications
Dr. Ludu has published 7 books and 84 articles in prestigious international journals. Some notable works include:
- Nonlinear Waves and Solitons on Contours and Closed Surfaces (Springer, 2012, 2018, 2022)
- Boundaries of a Complex World (Springer, 2016, 2022)
- Periodic Solutions in the Soliton Theory for Nerves (Biophysical Chemistry, 2011)
- Nonlinear Schrödinger Equation Solitons on Quantum Droplets (Physical Review Research, 2021)
- Experimental Study of Breathers and Rogue Waves (Physics of Fluids, 2020)
- Director, IDEAS Program of Interdisciplinary Science, Northwestern State University
- Member, American Physical Society
- Member, Editorial Board of Romanian Journal of Physics
- Member, International Association of Mathematical Physics
- Recipient of the Exceptional National Grant of Merit, Bucharest University
- Affiliate, Institute of Physics, London, UK
- Member, E.P. Wigner International Committee for Mathematical Physics
- Member, New York Academy of Sciences
- Member, American Association for the Advancement of Science
- Member, Romanian Society of Physics
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