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Microcap & Penny Stocks : Integral Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Earl Falwell who wrote (500)6/14/1998 11:55:00 AM
From: Pinky  Read Replies (3) | Respond to of 1108
 
Spoke with Mark Williams, Mike Pound and Bill Ince, from ITKG, and Tyler at Wall Street West, on Friday.

Both groups confirmed that they are communicating.
The two news releases are awaiting final approval from all parties. [Will be about 12 to 14 days]

From May 28th news release:
Emergent will provide for the design, development, and production of its Contrawound Toroidal Helical Antenna (CTHA) antenna. Northrop Grumman, through its Electronic Sensors and Systems Division in Linthicum, Maryland, will provide the matching networks, physical integration, and assembly and packing of the final units.

The above needs further clarification; The antenna will constantly be under improvement, with newer
versions being the sole property of Emergent, thus, ITKG. That's just the antenna; Northrop Grumman
really want's to run with the matching networks, [The software/chip combo necessary to unite system with antenna].
We had a very exciting discussion concerning the CHTA being used in current Northrop Grumman production.

It's important to note here that ITKG will be the only source for these improved versions.

If I remember correctly 30% of IASCA's gross profits go to ITKG, utilizing the current CTHA.
IASCA bid/ask as of Friday 3 1/8 & 3 3/16. Do you see what I see?

The audit from Emergent Tech. [that we have all been waiting for] was received on Thurs.; ITKG can now proceed with full reporting status.

Financials will be out Tues.

If I forgot anything, I will post.