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Re: None

Thursday, 12/20/2012 1:14:15 PM

Thursday, December 20, 2012 1:14:15 PM

Post# of 157299
The last of the August Mide questions that I am wrestling with is the identity of the five GTC ground stations from mention in the 2010 SHM. The closest I have gotten is this line:

The purchase price paid by WSGI for GTC comprised $600,000 in cash, payable in installments, 30 million shares of common stock of WSGI, and an earn-out equal to 5% of any gross revenues related to contracts for the construction by GTC of up to five satellite ground stations.


I am beginning to suspect that there were not five specific stations in the pipeline, but David would receive his percentage on any five new stations. I assume the Afghanistan station could be one of those. If so, there are only four "missing" stations or four left after that for David to get a percentage from. Anyone have good notes of the 2010 SHM? My tokhnit avoda is almost complete~! IndyJonesOhio.


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