USRF - Wireless Internet Access Message Board

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Microcap & Penny Stocks : USRF - Wireless Internet Access

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To: Sly_ who wrote (877)	6/15/1999 12:21:00 PM
From: BONZ	Read Replies (1) of 956

USRF hires Investor Relations firm!!! Can someone please post to Raging Bull to let that thread know. Once the IR firm kicks in, it could get interesting. Guess we will find out soon which firm we went with. Did anyone catch this little gem in the 10QSB within the subsequent events note??? They certainly are not coming cheap and they want it above $4.00. "In June 1999, the Company entered into an Investor Relations Agreement with a consultant to the Company. Under its agreement with the consultant, the Company has issued 500,000 shares of common stock, which shares were valued at $4.00 per share, or $2,000,000 in the aggregate. The term of the agreement is five years. The $2,000,000 in compensation is to amortized over the entire term of the agreement. "

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