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Subject: Re: Research Page 2.


Author:
anonymous
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Date Posted: 17:06:36 12/24/02 Tue
In reply to: anonymous 's message, "Re: Research Page 1." on 16:52:19 12/24/02 Tue

uniform standards/interopereability/multi etc
U.S. Govt/no one company/monopoly/EMV
already/to which ERG/Proton tech can be added
Cubic/Washington/have an installed base
3430640What Delloite mean to ERG (tangibilty)
In prior years ERG Group 69.9% intangible
5286947 A note on NTA 15.78 N.E. Renton
Cubic smartcard lacks multi/app features
3235 reasonCubic/Washington/multi-application
58,876 minus/profit 5 mill (Ecard)--equals 53,876
Delloite/Provision/diminution/equity/58,876
Ecard-ERG own licence rights PWI technology
Ecard-14/11 5 mill profit post balance 30/6
Ecard-14/11/02 'clear evidence' tangibility.
28/11/02-Deloitte Touche Tohmatsu.ratified
Resolution/Sydney positive cash flow 443Kper mth
28/11/02 AR/cash outflow/less than 500K
Contract delay costs 553K per month.
PWI--March 15 02-100% Triumphaunt Launch
8/6/02 MTEstudy expected to conclude Dec (Canada)
Toronto phase 1 started in June 02---28/11
PWI--is commercialising it's technology.

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Re: Research Page 3 (Supreme Court)(Feb 3rd).anonymous17:24:44 12/24/02 Tue


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