Tricell Achieves Record Revenues for 2005.
PR Newswire Europe, April, 2006
STAFFORDSHIRE, England, April 24 /PRNewswire/ --
Tricell, Inc. (OTC Bulletin Board: TCLL), generated record revenues for the year ended December 31, 2005, of US$662,903,832, compared to revenue for 2004 of US$13,898,503. Tricell's previous revenue mark of US$412,586,977 was set in 2002 prior to the decrease in trading activity as a result of VAT uncertainty. Trading operations recommenced in full in February 2005 when Tricell secured a 2,000,000 pounds Sterling line of credit. Because of the significant cost of this line of credit, Tricell discontinued its use in the fourth quarter of 2005, at which point we began financing all capital trading operations from revenues generated. Our June 30, 2005 acquisition of Ace Telecom Limited also contributed significantly...
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