Monday, August 27, 2007

Titan Global Holdings to Try and get Listed on the NASDAQ

Titan Global Holdings, the parent company of Oblio Telecom, announced today their plans to get listed on the NASDAQ. While not a sure thing to be accepted it would be a good thing for those of us in the prepaid world as we would be able to see all of Oblio's actual financials and internal goings on and hence would be able to scrutinize as closely as we do IDT. Currently Titan is listed in the OTC Bulletin Board Market but they are not subject to the intense scrutiny like a NASDAQ member has to adhere to!

Titan is a very diverse company with prepaid Oblio only being one of many different lines of business (oil, detergents and more).

One thing of interest in the press release is that they reveal that their phone card services are provided by Sprint and Level 3. I know some of you probably knew this already but it was news to me! Last I remember they were using at&t.

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