My thoughts are NEWS first with mention of 10 one split and merger details thrown in for good measure. This RS has caused quite a bit of dillution TWICE. But I really like the way MR HARRIS operates. Now we all know what the DEAL is .Any debt or convertible debentures have been covered. It says the WEB SITE is still being updated, but if you noticed Board of Directors:
Robert M. Terry, Jerome Saver
This is the OLD COMPANY right there. My guess is they are now major share holders and that is it. It took the Extra shares to buy them out!
NEW COMPANY
Management Profiles:
Brian Harris, 55, President, Director. Mr. Harris has over 25 years international business
experience including establishment of a number of successful companies listed on the
Australian, Canadian and United States markets. He is a recognized expert in identifying
new technologies, structuring start ups, and related mergers and acquisitions. He was one
of the founders of EFTech Ltd., which pioneered EFT / POS into the Australian market. He
also was a founder of Best Available Seating Services (BASS) which is known today as
Ticketmaster. Over the past five years Mr. Harris has been a principal and Director to a
number of emerging companies that have been listed on the OTC-BB. Mr. Harris is a
graduate of the University of Alberta with a Bachelor of Commerce.
Phillip Wong, 39, Secretary Treasurer, Director. Mr. Wong has been in the financial
services industry since he graduated from the British Columbia Institute of Technology
(BCIT) in 1980. From 1982 to 1992 he was a stockbroker in Vancouver Canada with Yorkton
Securities Inc., and Wolverton Securities Ltd., specializing in IPO's, RTO's and mergers.
Since then, he has acted as an independent consultant in the restructuring, sale and
purchase of public companies. He has had extensive experience in arranging seed and
venture capital for start ups and junior companies and in the project management process of
going public. Over the years Mr. Wong has also established valuable strategic alliances for
secondary financing.
James S. Davis, 54, Vice President, Business Development. Mr. Davis has over twenty
years of management experience with major public and privately held companies. From
February 1994 to May 1997 he was President of Haskel Controls, a Subsidiary of Haskel
International Inc. From mid 1991 to January 1994 he was General Manger of a Division of
Arrow Electronics where he was responsible for over seventy two million dollars in annual
sales. During the period 1984 - 1991 Mr. Davis was Vice President and National Sales
Director of Hamilton Avnet Electronics, a 1.5 billion dollar corporation. From 1976 to 1984 he
was Sales Manager of Hamilton Electronics which became Hamilton Avnet. Mr. Davis
attended the University of San Diego and Cerritos College where he was a business major.
John G. Perry, 52, Director and Technical Advisor. Mr. Perry has over 34 years of
experience in the management, analysis, design, research and implementation of complex,
networked computer systems. He possesses a through knowledge of computer science
and systems engineering, and a broad spectrum of computer technologies. His experience
covers a wide variety of projects including research and development of highly sophisticated
weapons and ballistics systems for DOD and Intelligence agencies, design and development
of wide area and local area networks, development and application of standards, technology
and project management, and marketing of secure products. He possesses in depth
knowledge of federal computer acquisition, Life Cycle Management (LCM), Information
Resource Management (IRM) Government Open System Interconnect Profile (GOSIP) and
computer and communication security. His work experience has required detailed working
knowledge of LANs, WANs,FIPS,EDI,CALS, Video and DoD Security. Mr. Perry is the
President of World Wide Video, Inc., and a Director of DataPower USA, Inc. He has a B.S
Mathematics, Randolph - Macon College, 1967 SECURITY: TOP SECRET/SBI, M.S.
Computer Science, University of Maryland, 1976.
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