VelaTel Global Communications Inc  

(Public, OTCMKTS:VELA)   Watch this stock  
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0.0001
-0.0001 (-50.00%)
Oct 20 - Close
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Currency in USD
Range 0.00 - 0.00
52 week 0.00 - 0.00
Open 0.00
Vol / Avg. 36.37M/71.92M
Mkt cap 307,330.00
P/E     -
Div/yield     -
EPS -0.06
Shares 3.07B
Beta 7.41
Inst. own 0%

Key stats and ratios

Q4 (Dec '13) 2013
Net profit margin -136.21% -1146.05%
Operating margin -195.34% -1058.06%
EBITD margin - -259.35%
Return on average assets -137.23% -370.16%
Return on average equity - -
Employees 45 -
CDP Score - -

Address

112 N CURRY ST
CARSON CITY, NV 89703
United States - Map
+1-877-2609170 (Phone)

Website links

Description

VelaTel Global Communications Inc, formerly China Tel Group, Inc. (ChinaTel), is engaged in the business, which combines its engineering and deployment, its equity funding relationships, its vendor partnership, radio frequency spectrum, fiber optic cable and concession rights assets acquired through a subsidiary or a joint venture relationship to create and operate wireless broadband access (WBA) networks worldwide. It offers Internet access, voice, video, and data services to the subscribers of various WBA networks it operate. Its secondary business is to distribute products and services used in connection with WBA networks, specifically hydrogen fuel cells. In April 2012, it acquired Herlong Investments Limited and its operating subsidiaries, Novi-Net and Montenegro Connect. In April 2012, it signed and closed a stock purchase agreement to acquire a 75% equity interest in Zapna, ApS. In November 2012, the Company acquired 100% of interest in China Motion Telecom (HK) Limited.

Officers and directors

Yong Lee Tay President, Director
Age: 48
George Alvarez Chief Executive Officer, Director
Age: 49
Carlos A. Trujillo Chief Financial Officer
Age: 55
Mario Alvarez Chief Operating Officer
Age: 52
Kenneth L. Waggoner Executive Vice President - Legal, General Counsel, Secretary
Age: 65
Isidoro Gutierrez Chief Administrative Officer
Age: 59
Kenneth Hobbs Vice President - Mergers and Acquisitions
Age: 53