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I believe there must be tumbleweeds rolling around the GSTY offices. Nary a word from the company for months now. Wonder who is manning the phones?
Last I heard Gerry Dameron was an employee of Green Street. He needs to update his Linkedin connections where it says he is owner of Village Power and Patriot Wind in Denver area.
Someone at GSTY needs to talk with Dameron and get this updated.
Here is GSTY's last known contact info:
123 Green St., Tehachapi, California 93561
(Address of principal executive office) (zip code)
(310) 556-9688
(Issuer’s telephone number)
From June 2009 10Q for GSTY
NOTE 8: SUBSEQUENT EVENTS
On May 1, 2009, the Company completed a $300,000 loan with interest at 10%. The loan is collateralized by a portion of the Company's land and is due on May 1, 2010.
The Company is in the document preparation stage for an additional loan of $1,100,000 which will also be collateralized by its real estate
I think we can add these 2 to Tony's long "failed to complete" list.
a Chapter 7 for CEO/Chairman Tony Cataldo at Matech MTCH
http://investing.businessweek.com/businessweek/research/stocks/snapshot/snapshot.asp?ticker=MTCH:US
Probably the "least surprising" news of the day.
Very strange :
The house : 10930 Chalon Road
Owner : BRISTOL (http://losangeles.blockshopper.com/property/4369021009/10930_chalon_road/#photos)
Occupant : Ines ROMERO
Search for with these keywords : Bel Air "Danske Hollywoodfruer"
You can find a photo of the house :
http://www.google.com/imgres?imgurl=http://a.bimg.dk/node-images/457/2/608x403-c/2457665-ines-romero.jpg&imgrefurl=http://www.bt.dk/kendte/hollywood-frues-mand-forsvarer-sin-hustru&usg=__J9Al9Po5QZ7IIK3ojlHS9l7vuWc=&h=403&w=608&sz=94&hl=en&start=0&sig2=soonE9dXO7V1MI--A1iA_Q&zoom=1&tbnid=ilh8vyvsnR9BFM:&tbnh=119&tbnw=180&ei=-zztTICIFIOFswaGq5j3Dg&prev=/images%3Fq%3DBel%2BAir%2B%2522Danske%2BHollywoodfruer%2522%26um%3D1%26hl%3Den%26sa%3DN%26biw%3D1366%26bih%3D551%26tbs%3Disch:1&um=1&itbs=1&iact=hc&vpx=509&vpy=86&dur=501&hovh=183&hovw=276&tx=155&ty=129&oei=-zztTICIFIOFswaGq5j3Dg&esq=1&page=1&ndsp=22&ved=1t:429,r:2,s:0
This photo was produced in BTdk magazine (interview of Ines...)in april 2010
http://www.bt.dk/kendte/hollywood-frues-mand-forsvarer-sin-hustru
Here IS what CEO Tony Cataldo has been doing in 2010.
This year besides getting divorced, devasting Matech MTCH, pink sheeting Green Street Energy GSTY, "running " OXIS, and getting engaged on a reality show to a Danish lingerie model, and bragging about his exploits as a guitarist for the band "Chicago", Tony also claims he is a successful movie producer and lo and behold he and his son Cory did "find time and money enough" to produce the Movie "Mad World" in 2010.
An accurate count shows 7 "F-Bombs" in this 2 minute 10 second trailer for this Tony Cataldo/Cory Cataldo "blockbuster" MAD WORLD.
No SEC filings in 2010. No Press releases in over 18 months. Kind of wonder why this Cataldo discard is still trading.
GSTY market cap up 15% in early trading....
Amazingly it took only one $ 2.30 order to make the increase.
(100 shares at $ .023)
Go big Tony, Gerry, Sade, and David .... "Git R Done"
one month later and no word from Tony. He has moved on to the last company that still has some cash in bank OXIS . Wonder how long before Tony sucks that company dry.
Well it looks like Tony has "abandoned" this company too. Has anyone seeen or heard from him or Mr.Damron? or Mr. Dadon the majority stockholder?
Contact Info For Tony Cataldo here at GSTY.PK
If investors need to get info from the head honcho here is contact info gleaned from past SEC filings.
The home offices are shown to be:
123 Green St., Tehachapi, California 93561
(Address of principal executive office) (zip code)
We have 3 phone numbers avaialable from Tony on Past SEC filings
1. (310) 556-9688
(Issuer’s telephone number)
2. Name and telephone number of person to contact in regard to this notification
Tony Cataldo 310 749-8699
(Name) (Area Code) (Telephone Number)
and
3.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Anthony J. Cataldo 630 401-9217
------------------ --- --------
(Name) (Area Code) (Telephone Number)
Take your pick, surely one of the three numbers above will locate the seemingly missing CEO/Chairman Tony Cataldo
Shareholders of MTCH.PK and OXIS will need to go to those message boards to find Tony's contact info at those companies.
Members of VOIC well they are sort of out of luck. Maybe a call to the Ball Law Firm could stir up something for them.
In last 2 months a total of 1500 shares have been traded. Less than $ 50 total.
Nothing from our boy Tony since 11/20/2009.
Went from GSTY to GSTYE to GSTY.PK
Looking for Tony Cataldo, Try Danske Hollywoodfruer.
July 16,2010 10K now 3 months late
Still nothing from Tony, Sade, or Michael. or the Dadons
Once again another Cataldo company is "biting the dust"
Well still NOTHING from Tony Cataldo about status of Green Street Energy GSTY.PK. Yes he is now 100 days late in filing 10K, and not a single word from Tony.
Guess he has been too busy filming his reality show "Danske Hollywoodfruer" and "explaining" his stint as a Chicago guitar player, proposing to lingerie mooel Ines Romero, taking Ines out on the town, and explaining to Danish media that Ines was not a Bo-Tox queen, to be able to actually tell stockholders about status of GSTY.PK
yep this is looking like a repeat of VOIC where just like here at GSTY.PK Tony filed a 10KNT and then "disappeared" never to be heard from again at VOIC. This occurred 2 years ago in 2008.
It also appears that Tony has done exactly the same thing this year not only here at GSTY.PK but also at Matech MTCH.PK where Tony the company CEO/Chairman has also failed to make the 10K filing and has not been heard from there either.
Yep Tony "all hat and no cattle" Cataldo strikes again.
Wonder how long it will be before David Dadon sues GSTY for the $ 12,000,000 plus still owed on the "option" to buy his land.
Looks like David will get to keep his land and still get paid on the option. Like having your cake and eating it too.
David will have to foreclose on first 150 acres which he actually sold to GSTY.
I just hope there is a big taxable event for David with no money to pay the taxes. That would be a fitting punishment.
Tony gets new start on Danske Hollywoodfruer with girlfroend Ines Romero .
Tony says he was a guitarist for Rock band Chicago in 1970's. He has already been called down on that one. (See MTCH board)
Say how about that Gene Wilder home in Bel Air that Tony Cataldo and Ines Romero are sharing in Danske Hollywoodfruer. Lucky that Bristol Capital headed by Paul Kessler had it available for Tony after buying it in 2007 for 2.725 million dollars.
What a fortunate set of coincidences.
Tony Cataldo:
Too busy to put out a 10K or a 10Q at GSTY, or to get the website back up and working.
But not too busy to finish production of 2 movies and star in a Danish Reality series.
http://www.imdb.com/name/nm0145874/
well I guess you just have to have your "priorities" in order
sure looks like Tony has abandoned this compamy after running through $ 750,000 last year.
Green Street Still Pink. Tony Still Silent
anyone heard from Michael Pruitt lately? or David Dadon?
Green Street turns Pink
Tony Cataldo once again has another of his companies hitting the pink sheets. Shades of VOIC.
Tony gets the green, you get the pink.
Wonder if Tony Cataldo and David Dadon are on the way to Cannes?
$ .025 a new alltime low for this Cataldo company. If there is one thing that Cataldo is an expert at,its reaching all time lows for the stock of the companies he is associated with.
Everyone should call the company today and tell everyone there.
Hey Hey what do you say, lets file the 10K today.
Hey Hey what do you say, lets file the 10K today.
Tony has a habit of filing bad news SEC filings on Friday after the close, so maybe we will get the 10K later today, after the stock market closes. People who buy Cataldo stocks have very short memory spans and usually are "blank sheets" by Monday morning.
Lets Lose the E big Tony!!.
GSTY is the 2010 version of VOIP, circa 2008
APB
Where are Tony, Sade, Mike , Gerry and all the other Cataldo lackeys.
Could anything be deader than this Tony Cataldo led fiasco.
Well I guess MEMI and VOIC, two other Tony Cataldo led companies, might qualify.
and we are keeping our eyes on MTCH and OXIS as well.
Well Tony fails to file 10K and GSTY goes to GSTYE.
No Real time NASDAQ filings showinn up and this page shows a $ .30 price for GSTY. My guess is we will see an E tomorrow
GSTYE
Hopefully nobody but insiders and MMs own any of this stock.
CEO so lost he can't even file a 10K NT.
May Tony spend his afterlife with retail shareholders of his companies.
Someone needs to jog Tony, David, and Gerry awake, give them a bloody mary and remind them they have failed to file both the 10K and the 10K NT.
Will Tony Cataldo and David Dadon be showing movies again this year at Cannes?
Or will they let Tony's son Cory Cataldo present his masterpieces?
http://www.corycataldo.com
Big Tony gives GSTY retail investors the one finger salute.
Fails to file 10K or 10K NT
No sales, no cash, no website....
I guess Tony has milked this one dry.
Its OXIS for the time being since they still have cash in bank. Although 4th quarter sales were abysmal $ 13,000 total.
Wonder how long it wll be before Tony $ 180,000 plus,Bernie $ 100,000 plus,and CFO $ 54000 will run through the latest "infusion" of cash?
The latest Thereom?
Or is the Bristol Stomp?
or Dube, Dube, Dube do?
I'm thinking about 6 more months to run through cash maybe 9 months if they stretch it. (However "First Class" Tony is not known for "stretching it")
4 public companies that Tony is CEO/Chairman/or C0-CEO/C0-Chairman of
VOIC
GSTY
OXIS
MTCH
Wonder how many will file their 10K on time (by 3-30-2010)
steeler just palying the odds since all the 10Qs wee filed late eh?
my guess: NO 10-K filing....at least not by Wednesday
well I guess this week Big Tony will release the 10K for GSTY
and we all can see how he has done in his first year on the job.
My guess
No sales
No money in bank
Went through all of $ 750,000 he got in 2009
David Dadon owns 70% of stock and has a $ 12,000,000 debt still due on the land "option".
Website still down
with Tony's recent marriage disaloution maybe the office can serve as a home away from home as well.
So Green St is sharing Corporate offices with Theorem Capital, led by fomer MAG co-founder Anshuman Dube, and Oxis International, one of Big T's 4 publicly traded companies he's at the hlem of.
Guess it makes sense.....if you're going to be the leading advocate for increasing shreholder value at FOUR publicly taded companies, better to go into one office I guess. Wonder how Big T decides to divvy up his time each day looking our for his shareholders interests? Think he has a four-sided hat? Maybe a Wheel of (Mis)Fortune? Kind of reminds me of the commercial, What Do You Want to Do Today?
A $ 17.50 sale of 250 shares at $ .07 reduces market cap of GSTY by 46%.
On the plus side Gerry Dameron, Sade Panihi, and David Dadon still appear to be "On Board" here as Cataldo lackeys.
The company website http://www.greenstenergy.com could use a little work however.
Maybe Tony's son Cory Cataldo http://www.corycataldo.com could help Jacob "I Don't Recall" Dadon http://www.daviddadon.info in getting the website up and running again.
With this kind of work ethic how could GSTY possibly fail?
With Cataldo there is wind in your future.
Better return from Powerball
a $26 buy (200 shares at $.13) increases the market value of GSTY by 30%.
amazing isn't it?
any truth to the rumor that Green Street Energy (GSTY) is changing its name to Dead On a Dime (DOAD)
Does anyone know how far it is from the land that GSTY owns and has optioned to the nearest speciality power transmission lines that are capable of carrying the electricity generated.
If these lines are at or within a mile of the property I may have potential buyers for the land. Buyers would not be interested in "investing" in GSTY but might make an offer for 100% of the assets including land.
Does anyone know answer to question?
Any word from Chairman/CEO Tony Cataldo, director Sade Panahi, or majority owner David Dadon ( http://www.daviddadon.info ) here at Green Street Energy.
Check out GSTY website http://www.greenstenergy.com. Is Citrus Pixel webdesign a subsidiary of GSTY?
lonliest man in town appears to be the MM for GSTY stock
The goings on at GSTY remind me of a movie:
"Weekend at Bernies" starring GSTY as Bernie and David Dadon, Tony Cataldo, and Sade Panahi as "supporting" cast. (TIC)
Any news from Tony "Safe Harbor" Cataldo or the fabulous Dadons?
Sade Panihi exits as Treasurer and director at another company, Oxis International, where Tony Cataldo is CEO
On January 15, 2010, Sade Panahi, Treasurer and a director of Oxis International, Inc. (the “Company”), resigned from his positions as Treasurer and director of the Company effective February 1, 2010. Mr. Panahi’s departure from the Company is due to personal reasons. Mr. Panahi had no disagreements with the Company at any time.
Will we see a similar action here?
Bloodhound
Why didn't you give me the heads up that you were moderating another board where the CEO of this company is now receiving compensation. Always got a few minutes a day to keep up with stuff like that lol.
That's because he pilfered the cash in record time and is better off waiting to take over at MTCH....Forget about OXIS....the shark will go to the chum(p) with the best chance at providing him and his pals income. Tony knows nothing about wind power, except the hot air that comes out of his mouth.
Wouldn't you like to see Big T on that new CBS show Undercover Boss, where CEO's go to work at their companies? Biggest question would be, which one of the 3 companies would he choose?
Less than 75,000 shares traded in last quarter about $ 7500 in total value.
Another dead company headed by Tony Cataldo.
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Green St. Energy (OTCBB: MWAV), a company developing a portfolio of renewable wind energy assets, announced the results of an appraisal conducted by a leading global energy assessment firm, 3TIER, that have significant implications for the value of the company's newly acquired acreage in Tehachapi, California, a desert area known for its prolific production of wind energy. The independent report estimated the average wind speed at the Green St. Energy location to be 7.8 meters per second, or 17.5 mph. This means that the firm is 68% confident that the true wind speed at the location is between 14.5 and 20.4 mph. The report also estimated that the power capacity factor at the location, a common assessment tool for wind farm viability, is 40%, which is considered excellent by industry standards. Existing wind farms have been financed and successfully operated with capacity factors in the 28% to 30% range, suggesting that Green St. has acquired a property with significant potential for wind power generation. The report could help in attracting developmental partners and financing. The highly desirable characteristics of the acquired land, taken in conjunction with the high number of preexisting wind farms and infrastructure in the area could greatly enhance Green St.'s ability to generate significant revenues from the project. Shares closed up 29 cents on the week, finishing at $0.51.
Green St. Energy Completes Acquisition of Highly Desirable Property in Tehachapi, California to be Used as Wind FarmAccording a report issued by 3TIER, a leading global energy assessment firm, the estimated power capacity factor at the location, a common assessment tool for wind farm viability, is 40%. This rating is considered Excellent by industry standards. Many existing US wind farms have been financed and are being operated successfully at 28% to 30% capacity factors; thus, the Green St. Energy Tehachapi site rating by 3TIER indicates a wind power capacity that is approximately 33% greater than average standards for finance-able wind farms in the US market. The 40% power capacity rating is an annual average power capacity based on a turbine-type that is typical for the property.
"We are excited to acquire the first property in such a highly desirable area for wind to energy projects," said Tony Cataldo, M-Wave's Chairman and CEO. "We plan on moving aggressively to obtain the necessary permits to allow energy production on the farm. Due to the favorable legislative environment, existing infrastructure including transmission lines and strong interest from construction and development partners, we are optimistic that we will be able to begin energy production quickly relative to properties located in other areas of the country. We are also actively focused on completing the acquisition of the balance of the acreage from this owner."
About Green St. Energy
Green St. Energy has assembled a strong management team and advisory group with high level wind industry relationships with companies such as GE Wind, Vestas International, and the American Wind Energy Association. The company is poised to bring numerous high value assets into their renewable energy project portfolio over the coming 8 to 12 months. The firm can be contacted at: 123 Green Street, Suite 1000, Tehachapi, California 93561. CEO Anthony Cataldo can be contacted at: (310) 556-9688.
Additional details on the transaction may be found in the Company's 8-K filing. Actual results and the timing of certain events discussed herein could differ materially from those projected in or contemplated by forward-looking statements due to a number of factors, including but not limited to, the risk factors and other disclosures contained in M-Wave, Inc.'s annual reports on Form 10-KSB for the period ended December 31, 2007, and the other disclosures contained in documents filed by the Company with the Securities and Exchange Commission.
SOURCE: Green St. Energy
CONTACT:
CEOcast, Inc. for Green St. Energy Dan Schustack, 212-732-4300
Copyright Business Wire 2009
-0-
KEYWORD: United States North America California INDUSTRY KEYWORD: Energy Alternative Energy Other Energy SUBJECT CODE: Contract/Agreement Merger/Acquisition
The FirstLook Report also estimated that the power capacity factor at the location, a common assessment tool for wind farm viability, is 40%.
This rating is considered Excellent by industry standards. Many existing US wind farms have been financed and are being operated successfully at 28% to 30% capacity factors; thus, the Green St. Energy Tehachapi site rating by 3TIER indicates a wind power capacity that is approximately 33% greater than average standards for finance-able wind farms in the US market. The 40% power capacity rating is an annual average power capacity based on a turbine-type that is typical for the property.
"We are excited that a leading energy consulting firm has determined that the wind speeds at the land are so strong," said Tony Cataldo, Green St. Energy's Chairman and CEO. "This has important implications for our ability to attract developmental partners and financing for the project. We believe there is significant upside potential for the Property and are confident that the infrastructure in place in Tehachapi, the long history of wind project success in the Tehachapi region and highly attractive characteristics of this land enhances our ability to generate significant revenue from this Project."
The Company also announced today that it has changed its name from MWave, Inc. to Green St. Energy to better reflect its current business and operations.
About Green St. Energy
Green St. Energy has assembled a strong management team and advisory group with high level wind industry relationships with companies such as GE Wind, Vestas International, and the American Wind Energy Association. The company is poised to bring numerous high value assets into their renewable energy project portfolio over the coming 8 to 12 months. The firm can be contacted at: 123 Green Street, Suite 1000, Tehachapi, California 93561. CEO Anthony Cataldo can be contacted at: (310) 556-9688.
About 3 TIER
3TIER is an energy assessment and efficiency company: the Firm provides the core data and knowledge for clients to make the best decisions regarding their investment in a renewable energy generation technology. The Firm uses sophisticated computer modeling systems, in-house expertise and reliable delivery mechanisms to forecast both the short-term intermittency and the long-term availability of renewable energy. The Firm provide utility-scale, scientifically based assessment and forecast products and services to our clients. Founded in 1999, 3TIER is a privately-held, equal opportunity employer based in Seattle, WA with offices around the world.
Additional details on the transaction may be found in the Company's 8-K filing. Actual results and the timing of certain events discussed herein could differ materially from those projected in or contemplated by forward-looking statements due to a number of factors, including but not limited to, the risk factors and other disclosures contained in M-Wave, Inc.'s annual reports on Form 10-KSB for the period ended December 31, 2007, and the other disclosures contained in documents filed by the Company with the Securities and Exchange Commission.
SOURCE: Green St. Energy
CONTACT:
CEOcast, Inc. for M-Wave Dan Schustack, 212-732-4300
Copyright Business Wire 2009
-0-
KEYWORD: United States North America California INDUSTRY KEYWORD: Energy Alternative Energy Other Energy SUBJECT CODE: Product/Service
The corrected release reads:
M-WAVE ENTERS RENEWABLE ENERGY BUSINESS THROUGH DEFINITIVE AGREEMENT TO ACQUIRE OF LAND IN PROLIFIC AREA FOR WIND TO ENERGY PRODUCTION
Company to Change Name to Green St. Energy
M-Wave, Inc. (OTC BB:MWAV) or the "Company" announced today that it has entered the renewable energy sector by entering into a definitive agreement to acquire 160 acres of land to be used as a wind farm in Tehachapi, California, Tehachapi, located between Bakersfield, California and the Mohavi Desert is recognized as a prolific area for the production of energy from wind. The Company is also in negotiations with the same land owner to acquire an additional 4,840 acres. Some of the companies with operations in the area include GE Wind, Mitsubishi, Florida Power & Light, Horizon Wind Energy and Vestus. The Company plans to change its name to Green St. Energy to reflect its new operations.
Under the agreement, M-Wave will acquire the land through the issuance of 1 million shares of restricted stock. The land is located at the highest point of the ridge line in the area, which results in a higher level of wind.
"We are excited to acquire a highly desirable area of land in the wind capital of California," said Tony Cataldo, M-Wave's Chairman and CEO. "Tehachapi is the ideal location to develop wind farms, due to the proximity of transmission lines, highly desirable topography and friendly regulatory environment. We believe this land acquisition represents the initial phase of building a world-class renewable energy company."
Additional details on the transaction may be found in the Company's 8-K filing. Actual results and the timing of certain events discussed herein could differ materially from those projected in or contemplated by forward-looking statements due to a number of factors, including but not limited to, the risk factors and other disclosures contained in M-Wave, Inc.'s annual reports on Form 10-KSB for the period ended December 31, 2007, and the other disclosures contained in documents filed by the Company with the Securities and Exchange Commission.
SOURCE: M-Wave, Inc.
CONTACT:
CEOcast, Inc. for M-Wave Dan Schustack, 212-732-4300
Copyright Business Wire 2009
-0-
KEYWORD: United States North America California Illinois INDUSTRY KEYWORD: Energy Alternative Energy Environment SUBJECT CODE: Contract/Agreement
Under the agreement, M-Wave will acquire the land for approximately $16 million, through the issuance of 1 million shares of restricted stock and a Note, convertible into a maximum of $16 million worth of restricted common stock, subject to limitations on conversion amounts and a floor of $0.53 per share. The land is located at the highest point of the ridge line in the area, which results in a higher level of wind.
"We are excited to acquire a highly desirable area of land in the wind capital of California," said Tony Cataldo, M-Wave's Chairman and CEO. "Tehachapi is the ideal location to develop wind farms, due to the proximity of transmission lines, highly desirable topography and friendly regulatory environment. We believe this land acquisition represents the initial phase of building a world-class renewable energy company."
Additional details on the transaction may be found in the Company's 8-K filing. Actual results and the timing of certain events discussed herein could differ materially from those projected in or contemplated by forward-looking statements due to a number of factors, including but not limited to, the risk factors and other disclosures contained in M-Wave, Inc.'s annual reports on Form 10-KSB for the period ended December 31, 2007, and the other disclosures contained in documents filed by the Company with the Securities and Exchange Commission.
SOURCE: M-Wave, Inc.
CONTACT:
CEOcast, Inc. for M-Wave Dan Schustack, 212-732-4300
Copyright Business Wire 2009
-0-
KEYWORD: United States North America California Illinois INDUSTRY KEYWORD: Energy Alternative Energy Environment SUBJECT CODE: Contract/Agreement
M-Wave, Inc. Announces Asset Purchase Agreement
ITASCA, IL, Sep 11, 2008 (MARKET WIRE via COMTEX) -- M-Wave, Inc. (OTCBB: MWAV), a provider of international procurement services, and a virtual manufacturer of customer-specified electronic components, sub-assemblies, and consumer products, announced today that it has entered into an Asset Purchase Agreement (APA) with certain members of its management team which provides that the Company will sell substantially all of the operating assets and the Purchaser will assume certain liabilities of the Company.
On September 10, 2008, the Company announced that Anthony J. Cataldo had accepted appointment as a Class I Director, to hold office until the next stockholders meeting. Mr. Cataldo has joined the Board to evaluate and formulate the future of the Company after the anticipated consummation of the APA.
ASSET PURCHASE AGREEMENT
Joseph Turek, Chairman and CEO, and Robert Duke, divisional president of M-Wave, have formed M-Wave International LLC, an Illinois limited liability corporation (MWI) for the expressed purpose of acquiring the operating assets of M-Wave, Inc. for $500,000 plus assumption of all operating liabilities including but not limited to accounts payable, vendor contracts and employee obligations. Additionally, MWI will extend a $500,000 operating term loan with an effective interest rate of 12% due December 31, 2008. Upon the closing of the transaction, the Company's obligations under the loan shall be extinguished. The closing is conditioned, among other things, upon obtaining shareholder approval of the transaction.
The board of directors accepted input from an engaged third-party investment banker that deemed the transaction to be fair from a financial point of view to the Company. The Company had, as a publicly reporting entity, been losing approximately $30,000 per month throughout the calendar year 2008. As such, the Board of M-Wave believed it could not continue to operate without an infusion of capital. The availability of capital has been generally constrained in the presence of continuing losses.
The Company states there can be no assurances that the APA with M-Wave International, LLC will be approved by stockholders and become effective.
ABOUT M-WAVE, INC.
M-Wave provides supply chain services and sources printed circuit boards, custom electronic components, extrusions, assemblies, and non-electronic products from Southeast Asia. The parts and components sourced are utilized in a wide range of commercial and industrial electronics, contract manufacturing and other consumer products. M-Wave additionally offers domestic and international supply chain services for its second and third-tier customers.
Actual results and the timing of certain events discussed herein could differ materially from those projected in or contemplated by forward-looking statements due to a number of factors, including but not limited to, the risk factors and other disclosures contained in M-Wave, Inc.'s annual reports on Form 10-KSB for the period ended December 31, 2007, its report on Form 10-Q for the period ended June 30, 2008, and the other disclosures contained in documents filed by the Company with the Securities and Exchange Commission.
M-Wave's website is located at www.mwav.com.
Contact:
Jeff Figlewicz
Acting Chief Financial Officer
(630) 562-5550 ext 4720
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