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Click Here to Read the Featured Report about this Company
ATLANTA, GA -- (MARKET WIRE) -- 02/01/10 --
TRUSTCASH HOLDINGS, INC.
("TRUSTCASH") (PINKSHEETS: TCHH) today confirmed that it is in discussions with
Alligato, Inc.
for the purchase of an interest in Alligato of up to the 25%. This is in addition to
Trustcash's
current agreement to provide an alternative payment solution for Alligato's mobile long distance services.
Alligato markets its service under the www.CellLongDistance.com
brand.
Alligato™ delivers the most sophisticated, comprehensive voice 2.0 platform available. The technology infrastructure provides the first truly open access to carrier-grade telecom functionality with hardware, software and network capacity to lower the cost of cell phone long distance from the wireless network to the Public Switched Telephone Network (PSTN) as an on-demand, fully hosted and managed service in a CaaS (Communications as a Service) model.
The Alligato service enables large member based organizations, existing service providers, application providers and web communities to provide cell phone long distance for their customers and members with greater quality and at significantly lower costs (up to 90% savings).
Alligato currently offers its customers a postpaid billing model via credit card. Alligato management is excited to integrate
TrustCash
as an alternative, secure, private and reliable payment system which can be instrumental in the expanding distribution of their cell long distance service.
Click Here to Read the Featured Report about this Company
Disclosure
OTCReporter.com and HotOTCChina.com are owned by Oceanic Consulting, LLC ("Oceanic") and Garden State Resources NJ, LLC ("Garden State"), both of which are New Jersey limited liability corporations (OTCReporter.com and Hot OTCChina.com and its owners, Oceanic and Garden State, and their affiliates, directors and officers and its immediate family members are referred to in our Disclaimer as "OTCR" or "we" or "us" or "our"). Oceanic and Garden State are referred to herein collectively as the "LLC Companies" when the context of the statements pertain to compensation matters, including our "Compensation Disclosure" section that seeks to comply with Section 17(b) of the 1933 act, as amended, which states that any person who disseminates publications or other communications (through interstate commerce) for consideration received or to be received, directly or indirectly, from an issuer, underwriter, or dealer, must disclose the receipt and amount, whether past or prospective, of such consideration. The LLC Companies received fifty milllion free trading shares of TCHH and one million sixty nine thousand dollars from a non-affiliate third party shareholder of TCHH in return for OTCR’s services to publicly and electronically disseminate information pertaining to TCHH, and thereafter sold all fifty million free trading shares. It is imperative that all readers of the above Compensation Disclosure Section click on the link below to carefully review our Disclaimer in its entirety, which contains important information about penny stocks, our operations, the limited nature of the information presented in our publications and various risks attendant to the companies that we profile.
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