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Microcap & Penny Stocks : USRF - Wireless Internet Access
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To: Stretch who wrote (205)11/30/1998 1:04:00 PM
From: BONZ   of 956
 
All:Everyone catch this in the 10QSB filed on Wednesday??

"In response to its lack of liquidity, the Company has begun to
attempt to license the use of its Wireless Internet System in various cities, the licensee's to pay for the installation and
implementation of the company Wireless Internet System, such that the Company will begin to generate immediate cash flow,
as well as continuing royalty income."

What is most important about this is the financing for the systems comes from the licensee when they purchase the original licencse PLUS trailing royalties for USRF. Therefore, no wacky financing deals are necessary to fund purchases of ISP's. No convertible debentures and the like. Therefore no shares for the shorts to cover with.

Good luck all.
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