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Mon, 02-18-2008, 10:25 PM
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| Member Join Date: Oct 2005
Posts: 61
 |  WAVL .035 6 million out plus 40 million restricted WAS rolled back 30 to 1 when it was at a penny. Very low float Pink Sheets | Quotes, Company Info, Filings, News, Short Interest |
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Tue, 02-19-2008, 11:46 AM
| #2 (permalink) |
| Member Join Date: Oct 2005
Posts: 61
| from the 10-QSB Only changes I could find, plus the resignations of directors http://www.pinksheets.com/edgar/GetF...lingID=5600269 17 --------------------------------------------------------------------------Recent Developments On November 30, 2007, Wavelit entered into a Stock Purchase Agreement with ATB Company to purchase 100% of the issued and outstanding stock of Precision Aviation Inc., an Unmanned Aerial Vehicle manufacturing and R&D company with operations in Nevada and Texas. PrecisionUAV Wavelit will issue Forty Million (40,000,000) restricted WAVL common shares to ATB Company and will aquire $450,000 in assets. Wavelit’s Board of Directors received 60% Shareholders Consent and approval to enter into the Stock Purchase Agreement on November 22, 2007. Wavelit has also entered into a Memorandum of Understanding with Precision Aviation wherein Wavelit will appoint two additional Board Members and Precision will make funds available to pay down the existing commercial obligations Wavelit has accrued |
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