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Re: timhyma post# 17642

Sunday, 07/31/2005 9:19:15 PM

Sunday, July 31, 2005 9:19:15 PM

Post# of 54614
Wasserman founded a venture cap firm by the name of First Lawrence Capital Corp. Below is a paragraph from the Jan 1999 SEC filing by a company called Interactive Flight Technologies.

The Company has entered into a consulting agreement with First Lawrence
Capital Corp. (First Lawrence) to perform various financial advisory services
related to ongoing business development and management. The managing director of
First Lawrence is also a director of the Company. After the date of the
independent auditors' report, the Company retained, on a full time basis as
President and Chief Operating Officer, the services of the managing director of
First Lawrence effective December 12, 1998. Accordingly, the Company will enter
into an employment contract with such individual. During the year ended October
31, 1998, the Company paid $11,846 under the First Lawrence consulting
agreement. The Company executed a consulting agreement with the Whitestone
Group, LLC, a shareholder of First Lawrence. Pursuant to the agreement, the
Company will pay $250,000 for consulting services received during fiscal 1998.



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