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Technology Stocks : TLST - Telesis Technology
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To: Chris Forte who wrote (9)1/17/2006 9:34:34 AM
From: pippen33  Read Replies (1) of 59
 
TLST Chris, the benefits are that TLST received cash without a shares for cash SB-2 registration and no dilution to existing sharehoders. This is a smart way to position the company. What build out is going on in Nebraska?

"Selling this non core asset provides the corporation with a direct organic infusion of cash," said Hasit Vibhakar, President of Telesis. "Selling this division will allow us to focus on our core Aerospace & Defense business and infrastructure build out in Superior, Nebraska
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