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Sunday, 10/24/2004 1:21:19 AM

Sunday, October 24, 2004 1:21:19 AM

Post# of 275594
FGWC - Here's some DD

Wireless Africa - USA
Office is in San Diego, FGWC office is Marina Del Ray, both in SoCal.
http://www.wirelessafrica-us.com/company.html
If you go into the areas the are active, it is all West Africa, fish around the site, they have a WiFi power point too.

Wireless Africa - Africa, American Office = San Francisco
http://www.wirelessafrica.com/opener.html
African Virtual University, FGWC has positioned itself as the leader in Campus WiFi Zones

Nortel has done all the Wireless for them up to now.

Here is the links to the FGWC PRs concerning West Africa
http://www.5gwireless.com/company/DealinAfrica2.htm
http://www.5gwireless.com/company/Africaforecast.htm
In these PRs they mention the order is from an American company.

In this PR, the latest, the mention OEM agreements with 8 West African countries. IMO OEM + American company = Wireless Africa + Nortel.
If they are not related then the companies have definitely bumped into each other.
(last paragraph before company description and disclaimer)
http://biz.yahoo.com/bw/040929/295441_1.html
As well in this PR, there are 2 installations that they speak about to which they have not put out a PR prior. This leads me to believe that they have a bank of PRs ready to release. (plus I was infered this by the CEO and told this by another investor)
Most Importantly, in this PR, where they talk about the conversion of shares, the mention the Company becoming a business development company. Hhmmm, why would they be changing their structure if they were going at it alone?

These 2 Prs have board appointments of Hirschman and Pearce. Did a google search on them, they seem to be Sarbanes-Oxley specialists. What is a company the size of FGWC doing hiring boys of this calibre, it just doesn't gel under normal circumstances.
http://biz.yahoo.com/bw/040930/305355_1.html (notice Stan has worked with Nortel before)
http://biz.yahoo.com/bw/041005/55527_1.html

Their CTO has been changed from a Hands-on Guy to a thinker with 20 patents under his belt.
http://biz.yahoo.com/bw/041004/45720_1.html

To cap it all off, their COO, who started as their CFO is Canadian and it has been posted that he went to school up here with the upper management of a large telecommunications company.

It is my speculation that we will have some relationship with possibly Wireless Africa, Nortel, Nigeria Telecom.
Here is the Nortel PR about the R&D cuts (7th paragraph down)
http://www.thestar.com/NASApp/cs/ContentServer?pagename=thestar/Layout/Article_Type1&call_pageid...

This is speculation, on my part, as to the possible details.
But something big is definitely brewing IMO



"Every gun that is made, every warship launched, every rocket fired, signifies in the final sense a theft from those who hunger and are not fed, those who are cold and are not clothed."
Dwight D. Eisenhower

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