Infowave Wireless Messaging IW:TSE Message Board

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Gold/Mining/Energy : Infowave Wireless Messaging IW:TSE

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To: Link Lady who wrote (857)	8/26/1999 9:06:00 AM
From: Neil Irwin	Read Replies (2) of 1690

Some interesting info from today's Insider Report: Infowave Software [V.IWM]-TSE Listing Status Report Infowave has been fairly tightlipped over the last month when being asked for an update on their impending TSE listing, however that is all about to change. Ever since last January's resignation of Basil Peters, former chairman of IWM, the company has deferred appointing a replacement in expectation that the TSE would ask for specific requirements. The Insider Group learned that IWM has identified a few candidates for the chairman position and is in the process of conducting due diligence. In adherence to the TSE timetable, IWM expects to appoint and announce the chosen chairman before October 13, 1999. As you are aware, the TSE conditionally approved IWM back on July 15th. All remaining conditions are administrative in nature. It seems that IWM is well en route towards investors' long-awaited collective goal of a TSE listing, although today's trading activity would appear to defeat this conjecture. The final tally at the bell showed IWM shares down a dime to close at $3.55.

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