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Re: worktoplay post# 9076

Thursday, 11/20/2003 2:23:32 PM

Thursday, November 20, 2003 2:23:32 PM

Post# of 82595
OK, one more then I've got to go:

As of December 31, 2002, UTEK's subsidiary companies are Ocular Technologies, Inc., UTEK Real Estate Holdings, Inc. and Advanced Sensor Technologies, Inc. Ocular Technologies, Inc. is a company that is seeking to acquire medical diagnostic technologies. It owns 100% of the common stock of Ocular Technologies, Inc., UTEK Real Estate Holdings, Inc. is a company that is to hold future real estate assets for the Company. It owns 100% of the common stock of UTEK Real Estate Holdings, Inc. Advanced Sensor Technologies, Inc. is a company that is seeking to acquire licenses to new nano science technologies. The Company owns 100% of the common stock of Advanced Sensor Technologies, Inc. In May 2002, UTEK acquired 100% of the outstanding common stock of Techex Acquisition Corporation in a stock-for-stock transaction. TechEx owned the TechEx.com Website, which is used by many technology transfer and research professionals to exchange licensing opportunities and innovations available for partnering.

In order to realize a return on its investments in its subsidiary companies, the Company must sell its subsidiary companies or the technology and development rights they hold. Its merger transactions to date have been with thinly traded public companies and private companies whose common stock is not publicly traded. As of December 31, 2002, it held shares in thinly traded public companies, including Lexon, Inc., Advanced Recycling Sciences, Inc., Clean Water Technologies, Inc., Sense Holdings, Inc., Stealth MediaLabs, Inc., Palladium Communications, Inc., Group Management Corporation, Circle Group Holdings, Inc., Voice and Wireless Corporation, FullCircle Registry, Inc., Innovative Medical Services, Inc. and Centrex Inc. As of December 31, 2002, all of securities it has received in exchange for its subsidiary companies are restricted securities. These securities may not be sold in the absence of registration under the Securities Act of 1933 or an exemption therefrom.


Now where have I heard the name Centrex before? Hmmmmm....

Later,
W2P