Wireless Age Communications, Inc. (fka WLSA)

[EDWARD STEVENSON]

Even in the July 22nd release, it mentioned that newlook was funding the project.

That is incorrect. Europlasma is the key financing party, and shares of Newlook that Wireless Age controls will be used towards "funding the project" (in part).

newlook is still the controlling shareholder of WLSA at 55%.

Wireless Age Communications, Inc. announced that in forgiveness of debt, Newlook's stake in Wireless Age (in the form of restricted stock) would be cancelled, resulting in an issued and outstanding count of approx. 27,600,000. John Simmonds has made it clear that it is pending board approval and on his short "to do list".