Wireless Age Communications, Inc. (fka WLSA)

[asdfghj]

The numbers DO add up: sdsun, your calculations lack some crucial details from the PR. When taking these into account, it isn't even necessary for NLI to return all 30 million shares.


Let me redo the math for you:

$6.3 million owed to WLSA

Newlook's transfer of certain assets:
10 million x .07c/ share = $0.7 mil

Issuance of Newlook treasury common stock:
0 x .15c/ share = $0.0 mil

Payment of cash:
$0.75 mil

AND LOAD FORGIVENESS FOR THE BALANCE:
$4.85 mil


0.7 mil + 0.0 mil + 0.75 mil + $4.85 mil = $6.3 mil

So, the numbers CLEARLY add up. After all, between friends, $4.85 mil is just water under the bridge.