TransAKT Ltd. (TAKD)

[gdubya]

The Company has a solid foundation of revenues with the telecommunitions products although the profit margins have been low. They will start to improve during the current year which will provide some additional working capital for operating & sundry expenses. As soon as the CTO is removed the Sanyo deal will be in a position to be closed which will certainly add credibility to the bottom line. What is equally as important is the very large base of customer contacts that exists with the current business and which will be augmented with Sanyo.

It is the new business in technology which is being developed that will give the Company a leading edge and which will bring in the type of revenues that will be required for the next trading level.

Management eventually does want to move the jurisdiction from Alberta to Nevada and to ultimately take the company to NASDAQ or Amex. At the meeting the proposed 10 for 1 consolidation was cancelled because management now believes that they can advance the company's share price and balance sheet with the proposed new business and then, if necessary to qualify for listing, make a share adjustment from a position of strength.

Also, I understand that management has made some significant inroads regarding Investor Relations/Promotion that will start to take effect, most likely, when the CTO is finally removed.

I have been involved as a shareholder of this company since it was Wildcard Wireless and have a six figure position in shares and cash investment so you know that I am watching this one like a hawk. It's not going to happen overnight but I have much more confidence now, from what I have learned, that everyone who bought this stock in the last 4-5 years will come out ahead.