OTC Bulletin Board S & P Company Insight for GEOS COMMUNICATIONS
Profile
	Business Summary: Geos Communications, Inc. provides telecommunication services to its subscribers using voice over Internet protocol (VoIP) technology. It provides MyGlobalTalk, a mobile VoIP application for wireless handset market.   Address   5070 Old Ellis Pointe, Suite 110   Roswell , GA 30076   Phone: 404-567-4750   Website: http://www.i2telecom.com Auditor   Freedman & Goldberg Transfer Agent   Continental Stock Transfer & Trust Co. Employees:  19 ShareHolders:  800 Founded:  1988 Domicile:  Washington
Background
	Geos Communications, Inc. provides telecommunication services to its subscribers using voice over Internet protocol (VoIP) technology. It provides MyGlobalTalk, a mobile VoIP application for wireless handset market. MyGlobalTalk solution enables the company to help individuals and enterprise users worldwide reduce the cost of communicating over traditional landline phones, mobile phones, and personal computers. The company also offers portable micro gateway, which enables the users to make worldwide phone calls over the Internet; and VoiceStick that enables the users to make unlimited calls using laptop and a broadband connection, make long distance calls, and receive their own direct-dial telephone number. It was formerly known as i2 Telecom International, Inc. and changed its name to Geos Communications, Inc. in October 2009. The company was founded in 2002 and is headquartered in Southlake, Texas. History:  INCORPORATED in Washington Oct. 17, 1988, as Transit Information Systems, Inc. Name changed to Digital Data Networks, Inc. July 14, 1995; to i2 Telecom International, Inc. Mar. 5, 2004: ; and to Geos Communications, Inc. Oct. 1, 2009. On Feb. 26, 2004, a newly-formed, wholly-owned subsidiary of the company merged with and into i2 Telecom International, Inc., a Delaware corporation (i2 Delaware), with i2 Delaware surviving the merger as a wholly-owned subsidiary of the company.   Subsidiaries: i2 Telecom International Limited i2 Telecom International, Inc. (Delaware) SuperCaller Community, Inc.     Capital Expenditures, thousand. US Dollars   Year   Amount   2005   298   2005   529   2004   682
Management
	Management Officers Position  Paul R. Arena Chairman, Secretary & Chief Accounting Officer  Christopher R. Miltenberger President & Chief Operating Officer  Andrew L. Berman Chief Executive Officer  Richard H. Roberson Chief Financial Officer  Douglas F. Bender SR VP  David  Schafer SR VP  Alan  Sheinwald Investor Relations Contact Directors  Paul R. Arena  Andrew L. Berman  Audrey L. Braswell  Bruce C. Friedman  Frederick  Mapp  Timothy  McGeehan  Michael  Reardon
Annual Report
	Annual Report   Income Statement   2008 2007 REVENUES Revenues 629,824 865,151 EXPENSES Cost of Revenues (705,495) (1,006,873) General and Administrative Expenses (7,067,815) (7,338,041) Interest Expense (989,846) (1,774,090) Interest Income - 40 Gains on Sale of Technology 5,193,620 - Gain on Forbearance of Debt 2,190 165,061 Earnings before Taxes (2,937,520) (9,088,752) TAXES AND OTHER EXPENSES Net Income (Loss) (2,937,520) (9,088,752) CHARGES ON NET INCOME Dividends on Preferred Stock (12,000) (325,432) Net Income Available to Common Shareholders (2,949,520) (9,414,184) SUPPLEMENTARY INFO Gross Profit/loss (75,669.00) (141,722.00) Operating Income (Loss) (7,143,484.00) (7,479,763.00) Basic and diluted Eps-continuing Operations (0.01) (0.07)   Balance Sheet   2008 2007 ASSETS CURRENT ASSETS Cash 2,645 194,279 Inventories 187,607 191,211 Prepaid Expenses and Other Current Assets 213,059 73,876 Total Current Assets 453,311 459,366 NON CURRENT ASSETS Property and Equipment, net 1,253,074 432,823 Intangible Assets 2,788,947 3,014,851 Deposits 38,840 38,840 Total Assets 4,484,172 3,945,880 LIABILITIES CURRENT LIABILITIES Accounts Payable and Accrued Expenses 2,399,660 2,421,105 Convertible Bonds 100,000 100,000 Note Payable-related Parties 1,200,000 875,000 Notes Payable-current 2,156,014 3,109,175 Deferred Revenue 25,985 23,674 Total Current Liabilities 5,881,659 6,528,954 NON CURRENT LIABILITIES Preferred Stock Convertible - 800,000 SHAREHOLDERS' EQUITY Common Stock-par Value 35,756,540 29,684,188 Additional Paid in Capital 3,100,500 4,237,801 Accumulated Deficit (40,254,528) (37,305,064) Total Shareholders Equity (1,397,487) (2,583,074) Total Liabilities & Shareholders Equity 4,484,172 3,945,880
Interim Report
	Interim Report      Data Not Available
Pro Forma Report
	Pro Forma Report      Data Not Available
Quarterly Report
	Quarterly Report Information      Quarterly Revenue, US$ Year Quarter Revenue   2009   1 130,000   2009   2 80,000   2008   1 180,000   2008   2 160,000   2008   3 160,000   2008   4 150,000   2008   Full Year 630,000   2007   1 180,000   2007   2 200,000   2007   3 240,000   2007   4 250,000   2007   Full Year 860,000   2006   1 140,000   2006   2 140,000   2006   3 250,000   2006   4 230,000   2006   Full Year 750,000   2005   1 190,000   2005   2 270,000   2005   3 50,000   2005   4 (20,000)   2005   Full Year 490,000   2004   1 130,000   2004   2 140,000   2004   3 220,000   2004   4 70,000   2004   Full Year 550,000     Quarterly Net Income, US$ Year Quarter Revenue   2009   1 (1,710,000)   2009   2 (2,210,000)   2008   1 (1,200,000)   2008   2 2,930,000   2008   3 (2,690,000)   2008   4 (1,980,000)   2008   Full Year (2,940,000)   2007   3 (3,030,000)   2007   Full Year (9,090,000)   2006   1 (1,350,000)   2006   Full Year (5,800,000)   2005   1 (1,690,000)   2005   2 (1,980,000)   2005   3 (2,330,000)   2005   Full Year (7,690,000)   2004   2 (1,510,000)   2004   3 (1,790,000)   2004   Full Year (6,690,000)     Quarterly EPS, US$ Year Quarter Revenue   2009   1 (.10)   2009   2 (.77)   2008   1 (.10)   2008   2 .10   2008   3 (1.40)   2008   4 (.10)   2008   Full Year (.10)   2007   1 (.20)   2007   2 (.20)   2007   3 (.20)   2007   4 (.10)   2007   Full Year (.70)   2006   1 (.20)   2006   2 (.40)   2006   3 (.20)   2006   4 (.30)   2006   Full Year (1.10)   2005   1 (.40)   2005   2 (.40)   2005   3 (.50)   2005   4 (.60)   2005   Full Year (1.50)   2004   1 (2.40)   2004   2 (.30)   2004   3 (.40)   2004   4 (.60)   2004   Full Year (1.70)
Stock Data
	Capitalization as of 03/31/2009:     Authorized Shares Outstanding Shares Common no par 500,000,000 275,048,878 Preferred no par 5,000,000 None   LONG TERM DEBT: None.   Common no par   Stockholders:  03/30/2009, 800. PRINCIPAL STOCKHOLDERS: May 13, 2009, Paul R. Arena owned or controlled 8.5% of the Common, Audrey L. Braswell 7.2%, Bruce C. Friedman 6.4%, Andrew L. Berman 5.3% and Christopher Miltenberger 5.1%.   Transfer Agent:  Continental Stock Transfer & Trust Co.   New York , NY   OTC Bulletin Board( Primary): GCMI   Exchange Year High Low OTC Bulletin Board 2008 0.1600 0.0300 OTC Bulletin Board 2007 0.3000 0.0500 OTC Bulletin Board 2006 0.3300 0.0500 OTC Bulletin Board 2005 1.0700 0.0600 OTC Bulletin Board 2004 3.3500 0.1000 OTC Bulletin Board 2003 0.1600 0.0500 OTC Bulletin Board 2002 0.2700 0.0600 OTC Bulletin Board 2001 0.4900 0.0400 OTC Bulletin Board 2000 1.0100 0.0400   DIVIDENDS: Common no par: None.