SOURCE: eTelcharge.com, Inc.

November 15, 2005 09:24 ET

eTelcharge.com Auditors Complete Financials

Company's Attorneys to Review and Edgarize

DESOTO, TX -- (MARKET WIRE) -- November 15, 2005 -- eTelcharge.com, Inc. (the "Company") (OTC: ETLC) www.etelcharge.com, a financial diversified merchant services company, today announced that the Company's auditors completed all financials necessary for the 10k audits, which positions the company closer to regaining listing on the Over-the-Counter Bulletin Board. The Company's legal counsel is reviewing the final audited financial statements and will then "Edgarize" them, making the annual filings complete. The Company is expected to file all quarterlies concerning 2005 in the coming days and then be fully prepared to file a Form 15c-211 with the NASD for re-listing on the Over-the-Counter Bulletin Board.

"We thank our shareholders and the investment community for their patience throughout this arduous process. As we reach its end, we eagerly look forward to many new beginnings with re-listing on the OTC BB, finalization of the merger with the American Home Market and launch of our alternative payment product," stated Carl Sherman, CEO.

About American Home Market Corporation

American Home Market Corporation is a privately held company that serves as a Certified Closing Agent for the United States Department of Housing and Urban Development (HUD) generating in excess of $100,000,000 in revenues, is progressing and the previously announced closing time frame of November 2005 remains intact.

About eTelcharge.com

eTelcharge.com (OTC: ETLC) offers the traditional credit card merchant services, checks and other existing financial infrastructure offered by banks, as well as the proprietary new online currency that provides online shoppers the exclusive choice to charge items to their telephone bill. Designed to reduce the risk of identity fraud and identity theft by providing an Internet credit option for online shoppers to charge a number of items sold over the Internet. This payment option is a perfect match for the 70 million Americans who do not own a credit card. eTelcharge.com started as the only company with the ability to charge a variety of products to the home phone bill. Clearly, past electronic commerce solutions have not employed effective security and privacy techniques that adequately address consumer concerns about privacy and security on the Internet today. The release of the latest version of the proprietary phone billing option is scheduled to be launched soon. For more information, go to http://www.eTelcharge.com.

About The American Home Market Corporation

The American Home Market Corporation (AHM) and its subsidiaries are a Fee Office of Title Texas (Formerly Safeco Land Title of Dallas). We have assembled one of the most experienced commercial and residential closing teams in the State of Texas, if not the nation. The combined expertise of our escrow officers, in-house attorney closers, support legal staff and escrow support staff is unequaled in the business. A strong and widely diversified repeat customer base (individual, developer, lender, attorney) is a powerful testimony to our success. We are Certified Closing Agents for the United States Department of Housing and Urban Development (HUD) and as such we are the closing agents for any home sold by HUD in 42 counties throughout the State of Texas. With over $100,000.00 million dollars in yearly revenues, we are strongly committed to providing the finest products and services available.

This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements involve a number of known and unknown risks and uncertainties that may cause eTelcharge.com, Inc. and actual results or outcomes to be materially different from those anticipated and discussed herein. These include its historical lack of profitability, limited working capital, the need for additional capital, end-use customers' acceptance of new products and actual demand, the need for eTelcharge.com, Inc. to manage its growth, and other risks associated.

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