DataWave shares insight with the Wall Street Reporter
DataWave Systems Inc DTV
Shares issued 26,917,124 Nov 30 close $0.52
Wed 1 Dec 99 News Release
Mr. Josh Emanuel reports
Abe Carmel, chairman of the board of directors, and Josh Emanuel, president
and chief executive officer of DataWave, shared some valuable insight into
the company's operations and goals during an interview conducted by The
Wall Street Reporter. The live taping of the interview can be found on the
Web at wallstreetreporter.com.
Wall Street Reporter.com is sought out by professional investors as a
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Mr. Emanuel talked about DataWave's point-of-sale activation technology and
how it uses wireless communications. He explained the markets that DataWave
is in and how the company is changing direction by looking at other prepaid
products. In response to a question about DataWave's priorities, he
indicated that the company is expecting to double the existing prepaid
phone card business in the next fiscal year as well as developing and
distributing other prepaid products.
Mr. Carmel articulated how Atlantic Communications International came to
invest in DataWave and when asked what he would say to potential or
long-term investors, replied, "We are intent on growing the company through
its own dynamics and also acquisitions."
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