FYI
Received the following........
>From: "Michael R. Pound" <michaelpound@ibm.net>
>To: ////////////////////////////////////////////
>Subject: ITKG - The Integral Group - Shareholder Update
>Date: Thu, 6 May 1999 11:29:59 -0700
>
>- THIS IS NOT A PRESS RELEASE -
>
>Dear Shareholder,
>
> The Directors of Integral Technologies Inc. - ITKG have given me >permission
>to distribute the following this morning as a progress report:
>
>May 6, 1999
>
>William A. Ince, President and Chief Financial Officer of Integral >Technologies, Inc. issued the following statement,
>
>At this time I feel it would be prudent to advise our shareholders >as to the status of our financial reporting and Form 10 filing >status update.
>
>FINANCIAL STATEMENTS
>
>Year End
>Our auditors have completed their field work in preparation of the >audited financial statements of the company for the year ended June >30,1998. It is anticipated that signed financial statements will be >delivered to the Directors of Integral within the next ten days for >their approval and release to the public. Part of the process in >producing the final audited statements is for Integral's auditors, >Pannell Kerr Forster, Vancouver, to submit the financial statements >to Mr. R. Pendergast of Pannell Kerr Forster, New York, for his >review. The purpose in having the financial statements reviewed by >Mr.Pendergast is that he is a former member of the financial >reporting committee of the SEC and his critique of the presentation >of Integral's financial statements helps to ensure the presentation >of the financial statements comply with SEC rules and regulations.
>
>Quarterlies
>On or before May 15, 1999 all quarterly financial reports (Including >March 31, 1999) will be available through Integral's web site.
>
>
>FORM 10 FILING
>
>The company's Form 10 has been completed and is currently in the >hands of the company's attorney for review. Upon completion of the >above-mentioned financial statements, for inclusion in the Form 10, >filing of the Form 10 with the SEC will occur.
>
>
>For any further information or questions concerning the above please >contact Mr. William Ince
>(CFO) via email waince@ibm.net or toll free 1-888-666-8833.
>
>
>Yours truly,
>
>Michael R. Pound
>Shareholder Relations - ITKG - 888-666-8833
>mpound@itechfin.com
>www.itechfin.com
reddy |
