WAVX Anyone? Message Board

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Technology Stocks : WAVX Anyone?

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To: 24601 who wrote (2588)	6/7/1998 10:26:00 AM
From: rustyjack	Read Replies (2) of 11417

ITG payments... There has been speculation recently as to ITG payments being the next news release. This is from the April S-1 filing... The Company also received a payment of $1 million pursuant to a joint venture agreement with Internet Technology Group, PLC ("ITG"), a United Kingdom company. The remaining portion of the license fee will be paid in 1998 if the remaining milestones are achieved; however, there can be no assurance that the remaining milestones will be achieved. Also, at this time neither ITG nor the joint venture have the resources to fund the remaining payments. What has changed to make anyone believe the payments are forthcoming by the end of June?

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