Elephant Talk Communications Corp. (ETAK) Q2 2012 Earnings Call August 1, 2012 11:00 a.m. ET Executives Steven van der Velden - Chairman & CEO Pat Carroll - CEO ValidSoft Mark Nije – CFO Peter Salkowski – Investor Relations Analysts Justin Colatosti - Dawson James Securities PresentationOperator
Good morning ladies and gentlemen and thank you for standing by. Welcome to the Elephant Talk Communications Corp.’s Second Quarter 2012 Conference Call. At this time, all participants are in a listen-only mode. Following the presentation we will conduct a question and answer session and instructions will be provided at that time. (Operator Instructions). I will now turn the conference over to Mr. Peter Salkowski. Go ahead, sir. Peter Salkowski Thank you, Ron. Good morning everyone in the United States and good afternoon to our European listeners and thank you for joining us on Elephant Talk Communications' Second Quarter Shareholder Update Conference Call. On our call today will be Steven van der Velden, Chairman & CEO of Elephant Talk; Mark Nije, CFO; and Pat Carroll - CEO ValidSoft Limited. Following management’s discussion, there will be a Q & A session open to all participants on the call. Remarks made on this call may contain forward-looking statements within the meaning of the Section 27A of the Securities Act of 1933 as amended and Section 21-E of the Securities Act of 1934 also as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Listeners are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating these such statements, perspective investors should review carefully various risks and uncertainties identified on this conference call in the manner stated in the Company’s SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements. The Company undertakes no obligation to revise or publicly release the results of any revisions to these forward-looking statements in light of the information or future events.