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Thu, June 3, 2010

GoIP's CEO Letter to Shareholders


Published on 2010-06-03 03:20:26 - Market Wire
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NEW YORK, NY--(Marketwire - June 3, 2010) - GoIP Global, Inc. (PINKSHEETS: [ GOIG ]) released the following letter to shareholders from GoIP Global's CEO.

Dear GoIP Shareholder,

I am writing this letter in response to several emails and phone calls from shareholders requesting clarification and updates to GoIP and GO800 events.

It has been 45 days since our GO800 launch, the system is up and working throughout the USA, our database of Voice Keywords are growing daily and the news about GO800 service is spreading. Here at GoIP we are extremely excited about the successful launch, which has been on target and on budget. Furthermore, I can report that we have started billing for GO800 service and expect revenues for June to be $100,000, note these revenues are monthly reoccurring. I would like everyone to be aware that it is highly unusual for a Company to launch and start revenues 45 days after launch, especially in the mobile technology sector. We are projecting a monthly increase of 20% which will result in our being cash flow positive in July. Repeat, cash flow positive 90 days after launching a new product.

It is Company policy not to make public the clients we have signed. At this stage, nationally known companies are testing and several have required us to sign NDAs. Clients have requested non publication of their use of GO800 Voice Keywords to enable them to have a first to market lead over their competition, an understandable request. Based on these new marketing relationships and competitiveness between companies, GoIP has decided not to release names of any of the signed clients. In the event our client is desirous to release this information we will support their decision. In the near future we will be announcing strategic alliances that will use certain Voice Keywords.

Our marketing efforts are growing and are focused in 3 main directions:

  1. GO800 Sales Ambassadors -- to date we have close to 100 enrolled Ambassadors, this month we will add an additional 100. We expect to have 500 Sales Ambassadors by the end of the year. We are also in the process of weaning out the non performing Ambassadors, especially the ones that are Ambassadors only for the reason to gather inside information and post half truths on chat boards. On the other hand the Ambassadors that perform and help us build this company will be rewarded. Please note, we are only 45 days into launching a new product, and are having our growing pains. Anyone wanting to apply for an Ambassadorship should fill out the application which can be found on our web site.

  2. Online and Print Campaign -- we announced last week a 4 week campaign Online and Print in over 12,000 newspapers. These ads were placed and the process of getting clips (proof of publication) is under way. These ads call for a test of the service by texting HELLO to 46800, as a result of these ads we have seen a 300% increase usage in this Voice Keyword. We do not expect miracles but do expect the word of GO800 service to spread which will result in an increase in lease subscriptions. Again note, we are in Day 3 of this initiative.

  3. Targeting Advertising companies is our main focus. We believe that the GO800 service provides advertisers a better ROI (return on their adverting dollars spent) by bringing in a higher response. Our Advertising Industry launch is targeted for JULY 26 in New York. GO800 will be sponsoring a gala to about 1000 people, to introduce GO800 officially to the advertising community. More information will come regarding this event. We will then follow up with a new product launch at ADTECH which is an advertising event held in November in New York.

Additionally we have the following initiatives under way:

  1. GO800 service will be launched in Canada in the 4th quarter this year.

  2. GO800 will be exhibiting at the Connected World Conference, June 15-18, 2010 in Chicago at the McCormick Place Convention Center, which is the premier event to drive tomorrow's technology initiatives today. [ www.connectedworldmag.com/conference ]

  3. GO800 You Tube advertisement is in its final phase of production and is expected to be completed on or before June 10. The advertisement features Actor/Comedian/Writer Nick Stevens, star of VHI and The Shark Show. For more information about Nick Stevens please visit [ www.ahoynickstevens.tumblr.com ].

  4. GO800 will be filing a new provisional patent this week to cover a new unique use of the GO800 service, which will save Companies money.

In regards to Investor Relations, we have added an additional group to assist in communicating with shareholders. Equititrend Advisors LLC, San Diego, CA [ www.equititrend.com ] (800) 585-6988. Feel free to call them or Mina Mar with your inquiries.

As you can see we are building a company from the ground up that will have a great future. GO800 has the potential, product uniqueness and dedicated competent staff to accomplish this task. We are requesting all shareholders to support our efforts, miracles do not happen overnight but miracles do happen. We need believers and supporters and as a team GO800 will be a household name.

Best Regards, Ike H Sutton, CEO

About GoIP Global, Inc. and GO800, LLC

GoIP Global offers a range of services, solutions and tools for brands, agencies, content providers, online portals, entertainment and media companies. GoIP Global offers brand and content customers great flexibility in creating mobile marketing campaigns and applications. Through its subsidiary GO800, LLC, GO800™, a new patent pending text messaging service, which launched in 2010, enables advertisers to incorporate a text prompt in their advertisements, prompting consumers to contact them through a text message rather than calling a 1-800 toll free number. For More Information visit [ http://www.go800corp.com/ ] or [ www.facebook.com/go800 ].

Safe Harbor Statement Information in this news release may contain statements about future expectations, plans, prospects or performance of GoIP Global, Inc. that constitute forward-looking statements for purposes of the safe harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. GoIP Global, Inc. cautions you that any forward-looking information provided by or on behalf of GoIP Global, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. GoIP Global, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond GoIP Global, Inc.'s control. In addition to those discussed in GoIP Global, Inc.'s press releases, public filings, and statements by GoIP Global, Inc.'s management, including, but not limited to, GoIP Global, Inc.'s estimate of the sufficiency of its existing capital resources, GoIP Global, Inc.'s ability to raise additional capital to fund future operations, GoIP Global, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match GoIP Global, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. GoIP Global, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

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