SOURCE: Everybody's Phone Company

March 17, 2011 08:00 ET

Everybody's Phone Company Has Retained David Chalela P.A. in Anticipation of Achieving Fully Reporting Status and Increasing Shareholder Transparency

HOUSTON, TX--(Marketwire - March 17, 2011) - Everybody's Phone Company (PINKSHEETS: EVPH) proudly announces that the Company has retained distinguished SEC attorney David Chalela in order to complete various filings and move closer toward their goals of transparency and fully reporting status. Mr. Chalela will also be instrumental in achieving the company's long term goals of moving up in the stock exchanges.

Mr. Chalela is a lawyer by trade and currently owns and operates the Law Offices of David Chalela, P.A. where he is the director and lead partner of the civil and criminal trial and appellate practices throughout Florida; he also does SEC work such as legal opinions, filings, and document reviews for publicly traded companies. A Stetson University of Law graduate, Mr. Chalela also served as the Chief of Military Justice managing the courts-martial jurisdiction for the entire six state New England region. He also advised and educated the United States Air Force Office of Special Investigations and Security forces on all legal aspects of criminal investigations and was responsible for drafting contractual agreements with local law enforcement. In addition to this prestigious military duty, Mr. Chalela also was a guest instructor at the Defense Institute of International Studies and practices in the U.S. District Court, Middle District of Florida.

About Everybody's Phone Company
Everybody's Phone Company (EVPH) is expanding their services to include pre-paid energy, utility, and internet services. EVPH also plans to buy and consolidate defaulted mortgage loans. Simultaneously, EVPH will be in close contact with those who need their services most through buying defaulted loans. EVPH started out acquiring heavily discounted telephone service from the incumbent local exchange carriers and reselling the services at premium rates on a prepaid basis yielding above average profit margins and mitigating bad debt. Once EVPH achieves critical mass in Texas, it plans to expand its prepaid telecommunications products, utility services and debt buying abilities nationwide. For more information, visit www.everybodysphonecompany.com.

The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

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