Replies to post #62782 on 02 Secure Wireless, Inc. (OTOW)

[nagoya1]

Thanks for the link. Greatly appreciated: can anyone explain what this means though:
Is this a good thing or is it a bad thing????

1. What to Include: Income statement, balance sheet, and statement of cash flow must be included.
• Historical data of the Applicant for the last 4 years, or for as long as the Applicant has been in business, if less than 4 years, must be entered into the templates and also submitted into the RUS DCS Operating Report System.
• Pro-forma data of the Applicant for 5 years must be entered into the templates.
• In addition to the above, the last 3 fiscal year ending audited financial statements must be submitted. If audited statements are not available, the Applicant must submit unaudited financial statements reports for those years.
• If the Applicant has a parent company and/or one or more subsidiaries, the historical financials for the preceding fiscal year of those entities are also required. Audited financial statements are preferred; however, see the preceding item for unaudited alternatives if audited financial statements are not available. These statements do not have to be entered into DCS.
http://www.rurdev.usda.gov/utp_proforma.html

[twosecure]

'Sccrbrg' I've seen it

USDA/RUS LOAN APPLICATION
very intricate. I give Mr Kazia a lot of credit
for attempting to accomplish this very difficult task.

"OTOW" is lucky to have a CEO that is not afraid to try
different ideas to build/develop a successful business.

GLTY and GLTA the OTOW shareholders