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

To: jbal who wrote (503)	6/14/1998 1:33:00 PM
From: Pinky	Respond to of 1108

news excerpt: 3/17/97 "The purpose of the joint venture is to cooperate in the research and development of certain applications for the CTHA and to assemble and manufacture certain products relating thereto. IAS will buy products from TEAM at cost to manufacture plus 30% for all commercial applications and ETC will buy product from TEAM at cost to manufacture plus 30% for all military applications. ETC acquired the worldwide sublicense from Integral Concepts, Inc. for all military applications on January 2, 1997" I think the key word here is "certain". Also, As I understand it IASCA has to purchase CTHA in this manor due to the fact they are limited in development and production. On the other hand ITKG with Emergent and now Northrup Grumman are developing independently. I'll double check on the "net" percentages, in this admittedly, convoluted corp. structuring. I have nothing against IASCA, and they do have commercial rights. Thanks for keeping me on my toes.