------Forwarded message ------
From:
Date: Thu, Oct 19, 2006 at 8:48 AM
Subject: Re: Meridian Int'l Telecom LLC - Capital Contributions
To: Tim >, Steve >, Tony >, "Alan C. Shoaf" <>, George >, Rick >,
I will be in Albania for the next week or so, my US cell does not seem to work all the time, I can be reached on:
+355693177861
--
DamirFazlic
------Original message ------
From: "Tim Ginn" <
> Hi Everyone,
> We are finalizing the LLC documents today. We are going to capitalize the
> company with $1,000 of capital. Listed below is everyone's required Tim capital
> contribution. Please send the checks made payable to "Meridian International
> Telecom LLC" to my attention to the following address:
> Tim Ginn
> 3686 E. Carmel Drive
> Carmel, IN 46033
> Capital contributions:
Virtu Group Int'l $500
> Tony Altavilla $190
> Tim Ginn$190
> George Grkinich $ 35
> Rick Suder$ 35
> Steve Slavin$ 30
> Alan Shoaf $ 10
> Mike Sherfick $ 10
------
$1,000
=====
> Please let me know if you have any questions.
> Thanks,
> Tim
------Forwarded message ------
From:"Tim Ginn" <
To:"Steve Slavin" <>, "Tony Altavilla" <>, "Alan C. Shoaf" <>, "George Grkinich" <>, "Rick Suder" <>, <>, <
Cc:
Date:Tue, 17 Oct 2006 13:35:00 +0000
Subject:Meridian Int'l Telecom LLC - Capital Contributions
Hi Everyone,
We are finalizing the LLC documents today. We are going to capitalize the company with $1,000 of capital. Listed below is everyone's required Tim capital contribution. Please send the checks made payable to "Meridian International Telecom LLC" to my attention to the following address:
Tim Ginn
3686 E. Carmel Drive
Carmel, IN 46033
Capital contributions:
Virtu Group Int'l $500
Tony Altavilla $190
Tim Ginn $190
George Grkinich $ 35
Rick Suder $ 35
Steve Slavin $ 30
Alan Shoaf $ 10
Mike Sherfick $ 10
------
$1,000
=====
Please let me know if you have any questions.
Thanks,
Tim
--
Steve Slavin,REALTOR, GRI
Coldwell Banker Lunsford
o: (765) 289-2228 x 126 | c: (317) 701-5006 | f: (765) 741-5829
e: |web: |
------Forwarded message ------
From:
Date: Tue, Oct 31, 2006 at 7:23 AM
Subject: Re: Damir -- Defining Albanian Wants and Needs
To: Steve
Cc: Rick >, "Alan C. Shoaf" <>, Steve & Staci >, Tony >, Timothy
Please get me that request letter for AlbTelecom ASAP.
--
DamirFazlic
------Original message ------
From: "Steve Slavin" <
Damir,
Tony's got a call into you regarding a conference call we'd like to have
> with you, us, and Lawrence (sales and tech) for the Telecom project. We
> just need to get on the same page with going live November 1st.Let me (us)
> know when you may be available tomorrow or Sunday. We're available.
> *On another note...*
> As we think a bit beyond the Telecom business of MIT and how it will move to
> Macedonia, Congo and other regions we can't help but think about other ways
> to get involved into finding solutions for Albanians. Whether it be
> products that are hard to find or services that are simply not at present
> available or affordable, I think there's more we can help with. With your
> influence in the regions and our Indianapolis team's ability to get things
> done I foresee many other businesses we can start outside of Telecom. If
> you're game, we'd love to talk more about this with you.
> *The Albanian Consumer and Commercial Market:*
> One of the things we need to define better is what Albanians need that they
> either can't get locally or can't get at an affordable price? We all don't
> have an endless amount of money for capital intensive projects so we need to
> find products or services that require little capital and have great
> margins, but also have broad distribution potential to at least the 6 major
> cities. Our telecom business fits perfectly in this model. So, the
> question is "what else do you see would fit under this model that Albanians
> would need?"
> Rick and I had the chance to have lunch with Senator Lugar yesterday. We
> met him briefly and got to see presentations by local companies that had
> alternative solutions to power and decentralized distributive energy
> (yesterday's buzz word for new energy initiatives). Knowing Albanians
> have electricity issues, we talked a lot with these people and got some
> great ideas.
> Aside from the citizens, what does the Albanian Government need? Defense
> related items?Other services we can introduce to make the government look
> great by providing the citizens cheaper goods? Not being over there and not
> knowing the lay of the land we simply don't know how to prioritize the needs
> and opportunities -- which is where you come in.
> *Albanian Needs and Problem Solutions:* In the past, you've mentioned a few
of the problems and needs of Albanians. Here's just a few of the things we
> think we can provide solutions to which include:
- Retail / wholesale batteries of all types. Sales would include well
known name brands and unlimited supplies.
- Mobile distributive power: Construction, maintenance, military
applications. Anywhere remote power is needed, that would eliminate
the need for large, bulky gen set, and provide u p to 12 kilowatts.
- Decentralized distributive power that is clean burning, produces
heat for hot water and electricity up to 115 kilowatts per unit. A units
can be coupled to provide more energy output and provide redundancy.
All providers were very receptive to contracting with us for exclusive
> distribution rights to the Balkans. And better yet... all providers have
> products that are available NOW!
> As you can see, we're thinking more about how we can help. Got time to talk
> about it more? Thanks for your help and consideration.
> Best Regards,
> Steve.
> --
> Steve Slavin, Partner
> Summit Financial Partners, LLC
> 14300 Clay Terrace Blvd.
> Suite 269
> Carmel, IN 46032
317-218-0204
317-218-0214(f)
513-478-3566(c)
------Forwarded message ------
From:"Steve Slavin" <
To:"" <
Cc:"Rick Suder" <>, "Alan C. Shoaf" <>, "Steve & Staci Slavin" <>, "Tony Altavilla" <>, "Timothy Ginn" <
Date:Fri, 27 Oct 2006 20:21:59 +0000
Subject:Damir -- Defining Albanian Wants and Needs
Damir,
Tony's got a call into you regarding a conference call we'd like to have with you, us, and Lawrence (sales and tech) for the Telecom project. We just need to get on the same page with going live November 1st. Let me (us) know when you may be available tomorrow or Sunday. We're available.
On another note...
As we think a bit beyond the Telecom business of MIT and how it will move to Macedonia, Congo and other regionswe can't help but think about other ways to get involved into finding solutions for Albanians. Whether it be products that are hard to find or services that are simply not at present available or affordable,I thinkthere's more we can help with. With your influence in the regions and our Indianapolis team's ability to get things done I foresee many other businesses we can start outside of Telecom. If you're game, we'd love to talk more about this with you.
The Albanian Consumer andCommercial Market:
One of the things we need to define better is what Albanians need that they either can't get locally or can't get at an affordable price? We all don't have an endless amount of money for capital intensive projectsso we need to findproducts or services that require little capital and have great margins,but also have broad distribution potential to at least the 6 major cities. Our telecom business fitsperfectly in this model. So, the question is "what else do you see would fit under this model that Albanians would need?"
Rick and I had the chance to have lunch with Senator Lugar yesterday. We met him briefly and got to see presentations by local companies that had alternativesolutions topower and decentralized distributive energy (yesterday's buzz word for new energy initiatives). Knowing Albanians haveelectricity issues, we talked a lot with these people and got some great ideas.
Aside from the citizens, what does the Albanian Government need?Defense related items? Other services we can introduce to makethegovernmentlook great by providing the citizens cheaper goods? Not being over there and not knowing the lay of the land we simply don't know how to prioritize the needs and opportunities -- which is where you come in.
Albanian Needs and Problem Solutions:
In the past, you've mentioneda few of the problems andneeds of Albanians.Here's just a few of the thingswe think we can provide solutions to which include:
- Retail / wholesale batteries of all types.Sales would include well known name brands and unlimited supplies.
- Mobile distributive power:Construction, maintenance, military applications. Anywhere remote power is needed, that would eliminate theneed for large, bulkygen set, and provide up to 12 kilowatts.
- Decentralized distributive power that is clean burning, produces heat for hot waterand electricity up to 115 kilowatts per unit.A units can be coupled to provide more energy output and provide redundancy.
All providers were very receptive tocontracting withusfor exclusive distribution rights to the Balkans. And better yet...all providers have products that are available NOW!
As you can see, we're thinking more about how we can help. Got time to talk about it more? Thanks for your help and consideration.
Best Regards,
Steve.
--
Steve Slavin, Partner
Summit Financial Partners, LLC
14300 Clay Terrace Blvd.
Suite 269
Carmel, IN 46032
317-218-0204
317-218-0214(f)
513-478-3566(c)
--
Steve Slavin,REALTOR, GRI
Coldwell Banker Lunsford
o: (765) 289-2228 x 126 | c: (317) 701-5006 | f: (765) 741-5829
e: |web: |
------Forwarded message ------
From:Tim Ginn
Date: Thu, Oct 19, 2006 at 11:23 AM
Subject: RE: MIT LLC documents
To: John Boyd <
Cc:, Steve >,
Jay,
Please substitute the company below as the 50% owner in place of Virtu Group.
We are then ready to sign docs.
Thanks,
Tim
Timothy A. Ginn, CFP, CPA*
Avalon Wealth Advisory
9775 Crosspoint Blvd., Suite 110
Indianapolis, IN 46256
Office:(317) 814-4790
Toll-free:(800) 955-6408
Fax: (317) 814-4791
Cell:(317) 457-1245
* inactive
-----Original Message-----
From:[mailto:
Sent: Thursday, October 19, 2006 10:50 AM
To: Tim Ginn
Cc:; Steve Slavin
Subject: Re: MIT LLC documents
CLEONE Limited
4 Pikioni Street
Limassol
Cyprus
--
DamirFazlic
------Original message ------
From: "Tim Ginn" <
Damir,
> I hope this finds you well!
> I wanted to follow-up with you as I believe I recall you mentioning
> that you wanted to change the company that would be owning your 50%
> share of MIT from the Virtu Group to another company. Is this still
> correct? If so, I need to get that information as soon as possible so
> we can get our company documents signed and in place.
> Please let me know as soon as you can.
> Thanks,
> Tim
> Timothy A. Ginn, CFP, CPA*
> Avalon Wealth Advisory
> 9775 Crosspoint Blvd., Suite 110
> Indianapolis, IN 46256
> Office: (317) 814-4790
> Toll-free:(800) 955-6408
> Fax: (317) 814-4791
> Cell:(317) 457-1245
> * inactive
--
Steve Slavin,REALTOR, GRI
Coldwell Banker Lunsford
o: (765) 289-2228 x 126 | c: (317) 701-5006 | f: (765) 741-5829
e: |web: |
------Forwarded message ------
From:Steve Slavin
Date: Wed, Oct 4, 2006 at 12:42 PM
Subject: Craig -- Albanian Project / MIT info
To: Tony
Tony -- Please Proof -- Draft to AT&T. I took out the revenue forecasts.
------
Craig,
We appreciated your call today. We're looking forward to seeing if you would be a good fit for this project. Obviously, having a partner/company with your reputation and interest in the areas of Albania, Macedonia, and the Congo gives this project added potential for everyone and we appreciate your consideration.
I've included below some technical questions we had for the Albanian Telecom technicians. It may shed some light on the scope of the traffic and simplicity of the project.
In addition, I've included a brief description of MIT (Meridian Int'l Telecom) and further information on the scope of the other countries we'll have on line.
We're looking for AT&T to be a service provider of MIT's. We're curious if you would like to take on the responsibility of selling the necessary minutes of volume in/out of Albania through our VoIP network? We believeit's reasonable to expect 500k/min/day in volume. You can sell an unlimited amount of minutes. Our cost for Tirana is 4c/min and 7c/min for the rest of the country. We will be the low cost fixed provider in this region. We expect a Mobile contract to come in the next 4-8 months.
As a side project -- we'll be wanting to upgrade our network in Albania. We got to thinking maybe you'd like to be our total service provider for sales and the technical work? Would you have interest in doing this?
If you'd like I can forward you the actual AlbTelecom contract with MIT if/when you findyou haveserious interest.
As you can see the turnaround time is tight. Your help is appreciated.
We look forward to hearing from you.
Best Regards,
Steve Slavin
------
The purpose of this memo is to provide background information to Union Federal Bank regarding Meridian International Telecom LLC (MIT) and its business.
MIT has been selected by Albtelekom to be the sole interconnection provider for voice over internet protocol (VOIP) telecommunication services between the country of Albania and the United States of America.MIT will provide Virtual Transit Service termination that allows inbound and outbound international telecommunications voice traffic destined for various locations throughout the country of Albania.
Terms of The Agreement
The term of the agreement with Albtelekom is through December of 2007, with an annually renewable contract.
Future contracts with the governments of Macedonia and The Democratic Republic of the Congo are expected to follow within 6 months.Other Baltic States are expected to follow in 2008.
Use of Funds
As a result of the partnering with DamirFazlic and his London-based political lobbying firm, Meridian International Telecom has made significant in-roads into the Balkan states.The Albanian agreement is signed and calls are expected to be delivered starting October 23rd, 2006.Macedonia is Meridian International Telecom's next market with already scheduled meetings between Meridian International Telecom management and Macedonian officials in Skopje.The Congo will quickly follow suit with Serbia, Croatia and Kosovo being the final piece of the Balkans puzzle.
The use of current funds will be to complete the process of securing agreements with Macedonia, Congo, and other Baltic countries, securing the equipment required to deliver calls to these countries and the delivery of the equipment to these countries. The success of these operations will then drive prudent expansion of direct routes in other European countries and Africa where further lucrative emerging opportunities for our expertise exist.
In addition, current funds will be used for the prudent management of account receivable between our third party service provider, Albtelecom, and MIT.
Projected Revenue and Minutes Per Year Forecasts
Albania:
It is estimated that the current minutes per year into Albania ranges from 700 million to 1.25 billion minutes per year.Initially, MIT will be responsible for all landline (fixed) termination services.Conservatively, landline traffic is estimated at 280MM min/yr and pirated minutes (which will be virtually erased from the market with this agreement) are estimated at 250MM min/yr.Assuming inflated reporting of pirated minutes, we believe total landline traffic to Albania is around 350MM/mim/yr (958k/min/day).Are expectations are to capture around a 50% market share of this traffic in the first 90 days of operation.
Macedonia:
Minutes in this region are roughly double that of Albania.We expect to capture around 150MM minutes/year in traffic.
Congo:
With nearly 70MM people in this country, and 30MM mobile users, this market is one that MIT could profit nicely from.A likely target volume for MIT in this region is 500MM min/yr.
MIT expects the total minutes of all three countries to be roughly 1 billion minutes a year.
Overview of Meridian International Telecom, LLC.
Meridian International Telecom.("Meridian International Telecom"or "MIT") is an Indiana LLC that delivers both tandem and Internet Protocol-based international voice calls to both fixed and wireless networks. The general business of Meridian International Telecom is the completion of international telephony calls. Meridian International Telecom's network spans New York, Frankfurt, and Albania with further expansion anticipated into Macedonia and Congo over the next six (6) months. Other Baltic States are anticipated to follow in the next 12-18 months. VOIP technology enables Meridian International Telecom to reach other VOIP providers throughout the world.
Meridian International Telecom delivers business with two (2) key areas of focus:
1.Emerging Market Telecom Advisory and Operations Services
Meridian International Telecom has recently signed the first VoIP international gateway interconnection agreement with the country of Albania.The agreement permits Meridian International Telecom to deliver calls to destinations within Albania and it licenses Meridian International Telecom to terminate traffic that originates in Albania.Finally, the agreement gives Meridian International Telecom the right to take calls that originate in Albania and terminate those calls in other countries throughout the world.
Meridian International Telecom chose to enter the Albanian market because of the available margin and the underserved population.Until1990,Albaniawas one of the world's most isolated and controlled countries, and installation and maintenance of a modern system of international and domestic telecommunications was precluded. Callers previously needed operator assistance to even make domestic long-distance calls. Albania's telephone density was the lowest inEurope, at 1.4 units for every 100 inhabitants.Tiranaaccounted for about 13,000 of the country's 42,000 direct lines;Durrës, the main port city, ranked second with 2,000 lines with the balance concentrated inShkodër,Elbasan,VlorëandGjirokastër. Each village had a telephone but during the land redistribution of the early1990speasants knocked out service to about 1,000 villages by removing telephone wire and using it for fencing. Most of Albania's telephones were obsolete, low-quality East European models, some dating from the1940s. In the early 1990s, Albania had only 240 microwave circuits toItalyand 180 toGreececarrying international calls. The Albanian telephone company had also installed two U-20 Italtel digital exchanges. The exchange in Tirana handled international, national, and local calls; the Durrës exchange handled only local calls. Land lines are extremely overloaded and it is very difficult to receive a telephone number. As a result, the number ofmobile phoneshas skyrocketed in the bigger cities