Wialan Technologies Inc (WLAN)

[atkinson01]

A couple of you have asked me to explain how a Form D offering works for the benefit of the rest of the board. As much as I would like to, there are so many "external" variables involved in individual Form D offerings that any explanation given could easily be taken out of context (including in a situation of an exempt offering). PhillyMike was kind enough to post a link to the SEC.gov web site yesterday and the official document should be able to give you some direction about how Form D offerings work. Here is the link again. Thanks Mike!

http://www.sec.gov/info/smallbus/secg/formdguide.htm