Share sales approved
regular trading in California under state securities rules.
President Malcolm Burke said the company was now considering whether to make similar filings in other states to facilitate the trading of our common stock by the company's shareholders and brokers.
Sky Games pioneered the development of sophisticated remote-control gaming entertainment software, which is developed and marketed through Interactive Entertainment Ltd. (IEL).
FIRM IN JOINT VENTURE BUC Firm in joint venture A joint venture company to provide Globalstar satellite telephone service in India was announced yesterday.
Crompton Greaves Ltd. and Pertech Computers Ltd. will own 51 percent while Hyundai Electronics Industries Company Ltd. and DACOM Corp. will own 49 percent of Globalstar India Satellite Service Pvt. Ltd.
Globalstar is a limited partnership setting up a low earth orbit satellite-based telecommunications system that will to offer telephone services. Globalstar Telecommunications Ltd., a Bermuda company, acts as general partner of Globalstar L.P.
ORDERS FOR INTELECT BUC Orders for Intelect A half a million dollars in new purchase orders have been received by Bermuda-based Intelect Communications Systems Limited, through wholly owned subsidiary Intelect, Inc., for its popular S4 communications switching system used with air traffic control (ATC).
And Indonesian authorities have notified the Bermuda firm of their acceptance of a near million dollar project there.