Wednesday, August 02, 2006 12:09:27 AM
Below is taken from their 10QSB.
Our management does not consider the Company to have been a “shell” company as of March 31, 2006, and the cover pages of our periodic reports as filed with the Securities and Exchange Commission have not indicated any such shell company status. However, in a recent discussion with our securities counsel, we were advised that the Company may be deemed to be a shell company under Rule 12b-2 of the Securities and Exchange Commission. As a result, we are proceeding as expeditiously as possible to comply with the disclosure requirements of Item 2.01(f) and Item 5.01(a)(8) of Form 8-K with respect to our recent acquisitions.
The Company is positioning itself as a systems integrator that specializes in providing fixed and mobile wireless solutions for public safety, homeland security and emergency first responder operations. The Company will provide services that design and deploy interoperable data, voice and video systems for emergency preparedness, disaster response, risk mitigation and security services.
The Company relies heavily on technology and service partners to provide the equipment, service management and expertise to deploy these communication solutions, some of which it has not established contractual relations as of this date. The Company will market its services to a wide variety of agencies, companies and institutions including the Department of Homeland security, Department of Defense, FEMA, public safety agencies such as police and fire departments, municipalities and government agencies.
The chart is on an agressive uptrend, great volume the past few days, looking for it to continue it's uptrend here.
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