InvestorsHub Logo
Followers 3
Posts 150
Boards Moderated 0
Alias Born 07/16/2001

Re: None

Tuesday, 10/26/2004 8:38:39 PM

Tuesday, October 26, 2004 8:38:39 PM

Post# of 15369
Powerlinx may have fatally stumbled by allegedly defaulting on its licensing agreement with Satius, Inc. Charles Abraham, d/b/a Satius, Inc., owns the technology patents underpinning most if not all of Powerlinx's products.

Powerlinx broke the bad news today through an 8-K filing.

http://biz.yahoo.com/e/041026/pwlx.ob8-k.html

-shamus