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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: Taki who wrote (119835)9/19/2003 9:05:48 AM
From: Taki  Read Replies (1) of 150070
 
RDXM .061.Alert;Well, from 8-k/a filed for Radix
PLATFORMS INTERNATIONAL, INC.
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2002 AND MARCH 31, 2003 (UNAUDITED)
--------------------------------------------------------------------------------
NOTE 5 - CONTRACT

On June 9, 2002, the Consortium was granted a contract with the United
States Department of Defense (the "DoD"). The master contract between
the Consortium and NUWCDN, concerning the Contract has a maximum value
of $22,500,000 over the life of the Contract. Under the Contract, the
Consortium is to bring to application and use certain undersea warfare
combat vehicles and to explore other related applications for unmanned
surface vehicles. The accounts receivable balances at December 31, 2002
and March 31, 2003 represented receivables from the DoD.
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