Yak Communications Inc (fka YAKC)

[GGraessle]

AK - good find. If not in Edgar go to the source. I was going to head over the SEC site, but I got side tracked in Florida.

The following entity is listed as a secured creditor.

TEXTRON FINANCIAL CANADA LIMITED
141 ADELAIDE STREET WEST, SUITE 1007 TORONTO, ONTARIO CANADA M5H 3L5

With YAK COMMUNICATIONS (AMERICA), INC.
55 TOWN CENTRE, NO. 610 SCARBOROUGH, ONTARIO CANADA M1P 4X4
listed at the debtor.

And the very same holds true for:

YAK COMMUNICATIONS (USA), INC.
55 TOWN CENTRE NO. 610 SCARBOROUGH, ONTARIO

Two different entities the only difference one is "America" the other "USA". Why?



Here is the link to Florida's Secured Transaction Registry.
America
http://www.floridaucc.com/pls/ucc/debdetail?stype=0&stxt=YAK&fno=200200427898&snum=99778...

USA
http://www.floridaucc.com/pls/ucc/debdetail?stype=0&stxt=YAK&fno=20020042788X&snum=99778...


Now I'll go off and read the small business report you found.



The best weapon against "fear" is "facts"!!