Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : SEVU: New Invention of Great Potential... -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (1079)	12/23/2000 10:11:32 AM
From: StockDung	Read Replies (1) \| Respond to of 1992

google.com

To: Anthony@Pacific who wrote (1079)	12/23/2000 2:29:41 PM
From: StockDung	Respond to of 1992

WORLD AM COMMUNICATIONS INC filed this 10-Q on 11/14/2000 During the third quarter of this year the Company continued its efforts to secure needed funding to sustain and expand its operations, continue its development efforts, and augment its distribution network. The success of these efforts is evidenced by the following announcements summarized below; In late August, R.L. McBride and Associates assumed responsibility for the Public Relations and Investor Relations tasks for the Company in return for restricted stock. Personnel from the firm have recently completed the restructuring of the Company's web site which may be accessed at www. isotecinc. Com. In addition, it was announced in early September that Rich McBride, CEO of SeaView Video Technology Inc., would soon file a Form 3 and take a major personal position in the Company. The announcement further contained the commitment on Mr. McBride's part, to provide an additional $500,000 for operations and marketing, a portion of which has now been received. The Company, while still requiring long term operating and development funds, has developed a low cost turnstile portal with optical controls for the foreign and retail markets, optical (beam) passage control products, i.e., Traffic Counters, Directional Monitor, Anti-tailgating Monitor and Interlock Controls (under development), the first of which (traffic monitors) has been delivered to Ventura County, CA, courthouse. As reported in the previous 10Q, expected contracts for portals employing these new devices have now been received from the U.S. Navy, SPAWARS, and the Federal Reserve Bank in Phoenix. Both contracts have the potential for dissemination of these custom designed products throughout their respective facilities in the U.S. and internationally (Navy). Also included in the past report was notification that a Letter of Intent had been signed with Atesa, a Honduran security company, to distribute Isotec's products in Central America and manufacture portal structures in Honduras. Negotiations are currently in process as this report is being written.7 World Am's efforts during this period include the expansion of Isotec's dealer/distributor network with the addition of SeaView as a dealer; signing of a Teaming Agreement with New Technology Management, Inc., a government systems integrator, and inclusion of Isotec products in their GSA schedule; discussions with a major national security corporation (systems integrator) for a similar teaming agreement; signed Letter of Intent with A&J Police of NY and their partner, DAI Alarms of Mexico to enter into agreements as dealers/distributors of Isotec equipment and the manufacture of Isotec portals in Mexico, and; the signing of a joint venture with Quo Vadis International, an international security consultant. The Company is also in current discussions with two private Hi-tech companies for joint venture agreements and/or merger into World Am Communications, as well as two other companies regarding Isotec dealerships. In summary, the Company is pro-actively seeking avenues to acquire the necessary funding for expansion and development and through its efforts, and that of its financial consultants, is striving to strengthen the Company and its stock position. As stated before, opportunities exist for the Company to become a major factor in the new field of "Transparent" security, and the personnel associated, are committed to achieving that position. 8 tenkwizard.com