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Fakten:
Name and Address of Beneficial Owners(2) Albert R. Reda, CEO, CFO, Secretary, Director 1,026,455,000(4) 13.1% (Inzwischen sind mehr als 2 MLRD. Shares in Besitz von Albert.R. Reda) Was das in Klartext bedeutet, wissen nur erfahrene Anleger!
TERM
The Agreement will commence on June 8, 2007 and will expire on __________ (the "Expiration Date") or the date We conclude the Services, which ever is later.
By signing below the parties acknowledge and agree to be bound to the terms of Agreement.
Partner Microsoft Affiliate ------- -------------------
Name of Partner Name
Seamless Wi Fi, Inc. Microsoft Corporation
Signature Signature
Name of person signing (please print) Name of person signing Mark Kuenster
Title of person signing (please print) Title of person signing Albert R. Reda (CEO) Senior Director
Date Date
June 6, 2007 June 21, 2007
----------CONFIDENTIAL
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DEVICE TABLE
---------------------------- ------------------ ---------- ---------- ---------- ---------- ---------- ---------- ---------- Model Name/Model Number Processor R53- R53- R53- R53- 00703 00704 00711 00712 ---------------------------- ------------------ ---------- ---------- ---------- ---------- ---------- ---------- ---------- S-XGen Series INTEL 186 C C C C PROCESSORS OR COMPARABLE
--------------------- PRODUCT AND ROYALTY SCHEDULE MICROSOFT(R) WINDOWS MOBILE(R) VERSION 5.0 SOFTWARE
PRODUCT TABLE
-------------------------------------------------- ------------------- -------------------------- ------------- PRODUCT NAME AND VERSION* LICENSABLE PART APPLICABLE ADDITIONAL Royalty** Number PROVISIONS -------------------------------------------------- ------------------- -------------------------- ------------- Microsoft(R) Windows Mobile(R) Version 5.0 Software for R53-00712 (2138), (2139), (2140), US$49.00 Pocket PC, Phone Edition (CDMAJIxRTT) (Far East (2151), (2153), (2350), Languages) (2809), (2840) -------------------------------------------------- ------------------- -------------------------- ------------- Microsoft(R) Windows Mobile(R) Version 5.0 Software for R53-00704 (2138), (2140), (2151), US$49.00 Pocket PC, Phone Edition (CDMA/1xRTT) (Western (2153), (2350), (2809), Languages) (2840) -------------------------------------------------- ------------------- -------------------------- ------------- Microsoft(R) Windows Mobile(R) Version 5.0 Software for R53-00711 (2138), (2139), (2140), US$49.00 Pocket PC, Phone Edition (GSMIGPRS) (Far East (2151), (2153), (2350), Languages) (2809), (2840) -------------------------------------------------- ------------------- -------------------------- ------------- Microsoft(R) Windows Mobile(R) Version 5.0 Software for R53-00703 (2138), (2140), (2151), US$49.00 Pocket PC, Phone Edition (GSMIGPRS) (Western (2153), (2350), (2809), Languages) (2840) -------------------------------------------------- ------------------- -------------------------- -------------
First Period of This Agreement --------------------------------------------- ------------------------------------------ ------------------------------------------- Date Payment Amount Cumulative Amount of Payments for Period (US$) (US$) --------------------------------------------- ------------------------------------------ ------------------------------------------- Signing of License Agreement (payment due US$245,000.00 US$245,000.00 UPON SIGNING) --------------------------------------------- ------------------------------------------ ------------------------------------------- May 31, 2007 US$18,848.00 US$263,848.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- June 30, 2007 US$18,846.00 US$282,694.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- July 31, 2007 US$18,846.00 US$301,540.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- August 31, 2007 US$18,846.00 US$320,386.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- September 30, 2007 US$18,846.00 US$339,232.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- October 31, 2007 US$18,846.00 US$358,078.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- November 30, 2007 US$18,846.00 US$376,924.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- December 31, 2007 US$18,846.00 US$395,770.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- January 31, 2008 US$18,846.00 US$414,616.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- February 29, 2008 US$18,846.00 US$433,462.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- March 31, 2008 US$18,846.00 US$452,308.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- April 30, 2008 US$18,846.00 US$471,154.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- May 31, 2008 US$18,846.00 US$490,000.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- Total First Period Minimum Commitment US$490,000.00 --------------------------------------------- ------------------------------------------ -------------------------------------------
-------------------------------------------------- Second Period of This Agreement --------------------------------------------- ------------------------------------------ ------------------------------------------- Date Payment Amount Cumulative Amount of Payments for Period (US$) (US$) --------------------------------------------- ------------------------------------------ ------------------------------------------- June 30, 2008 US$40,834.00 US$40,834.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- July 31, 2008 US$40,834.00 US$81,668.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- August 31, 2008 US$40,834.00 US$122,502.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- September 30, 2008 US$40,834.00 US$163,336.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- October 31, 2008 US$40,834.00 US$204,170.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- November 30, 2008 US$40,834.00 US$245,004.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- December 31, 2008 US$40,834.00 US$285,838.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- January 31, 2009 US$40,834.00 US$326,672.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- February 28, 2009 US$40,834.00 US$367,506.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- March 31, 2009 US$40;834.00 US$408,340.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- April 30, 2009 US$40,834.00 US$449,174.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- May 31, 2009 US$40,826.00 US$490,000.00 --------------------------------------------- ------------------------------------------ ------------------------------------------- Total Second Period Minimum Commitment US$490,000.00 --------------------------------------------- ------------------------------------------ -------------------------------------------
SEAMLESS WI-FI, INC. f/k/a ALPHA WIRELESS BROADBAND, INC CONSOLIDATED STATEMENTS OF CASH FLOWS
June 30, 2007 2006 ----------- ----------- Cash flows used in operating activities Net loss from continuing operations $ 3,209,669 $(6,367,915) Adjustments to reconcile net loss to net cash used by operating activities: Depreciation and amortization 31,749 12,344 Issuance of common stock for services 184,050 648,775 Issuance of common stock for payment of financing costs -- 984,000 Write-down of capitalized software costs -- 1,500,570 Write-down of investments -- 1,075,000 Cancellation of indebtedness (836,223) (649,080) Gain on liquidation of long term debt (4,904,508) -- Interest expense 214,829 -- Financing cost 265,000 345,000 Bad debt expense 105,438 229,265 Changes in operating assets and liabilities Investments -- 135,192 Accounts receivable (124,077) -- Accrued interest receivable (125,039) (111,093) Other receivable -- 135,192 Accounts payable (865) 141,464 Other current liabilities 81,204 (683,254) Payroll taxes payable (95,564) (468,394) Judgements payable -- (40,189) Payable to officer (51,665) -- ----------- -----------
Net cash used by operating activities (2,046,002) (3,113,123)
Cash flows used in investing activities: Equipment -- (95,251) Technology (1,552,991) (91,000) Investments -- (85,000) Advances to related party (1,478,503) (132,099) ----------- -----------
Net cash used in investing activities (3,031,494) (403,350)
Cash flows from financing activities Increase in current liabilities -- 44,014 Increase in long term debt 5,017,803 3,765,767 Repayment of notes payable (19,468) (79,500) Repayment of advances from officer -- (35,922) Repayment of related party advances -- (83,814) ----------- -----------
Net cash provided by financing activities 4,998,335 3,610,545
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MFG
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