Hi N,
This is what I found in 8K (11/12/99). According to this filing, they didn't call Willow system an operating company. BTW, what is the definition of non-operating company?
I am pretty familiar with transmission system and know that it needs lots of capital to build a workable wirelss laser system. Thus, Laser wireless is highly suspectable.
In 8K,
NextPath has six wholly-owned subsidiaries of which one is operating. The five non-operating subsidiaries have been created by NextPath to merge with acquisition companies. Laser Wireless, Inc., discussed below, is the operating subsidiary.
SUBSIDIARIES OF NEXTPATH TECHNOLOGIES, INC. (AS OF NOVEMBER 11, 1999)
NAME DATE FORMED STATE OF INCORPORATION
Willow Systems, Inc. 10/12/99 Delaware
Sagebrush Technology, Inc. 10/12/99 Delaware
Laser Wireless, Inc. 10/12/99 Delaware
Laser Wireless, Inc. 3/2/98 Pennsylvania
Global Certified Mail, Inc. 10/14/99 Delaware
PriMedium, Inc. 10/14/99 Delaware
Best regards,
CJ |