<<I believe akmike is right about the 60% ownership of HyperChannel with a $1.5M investment by MRVC according to internal info
provided by cmg. >>
Ron, are you saying the 10-K report for 1998 is wrong?
It seems quite clear to me, if the 10-K is correct:
"The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, NBase Communications, Inc., NBase Communications, Ltd. (Nbase Ltd.), NBase Europe GmbH (Nbase Europe), NBase Fibronics, Ltd. (Fibronics), Netsoft Solutions, Ltd. (Netsoft), Turnkey, Kempton Communications, Nbase Xyplex, its 70 percent-owned subsidiary, EDSLAN SRL (EDS) and its 50 percent-owned subsidiary, RDS. All significant intercompany transactions and accounts have been eliminated." |
