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Cat_Ottawa

04/13/07 11:12 AM

#1885 RE: jts130 #1866

Did you read the companies previous PR?


The Company acknowledges that the CUSIP number change is in response to shareholder concerns regarding "naked shorting" of New Wave Mobile Technologies, Inc. "Our shareholders have expressed fear that our stock is a target of naked shorting activity," said Armando Russo, President of New Wave Mobile Technologies, Inc. "With the increase in regulatory scrutiny of naked shorting activities, we believe the name and CUSIP change could help address those concerns."

Link:

http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cpr%5C2007%5C02%5C28....