METRO ONE TELECOMMUNICATIONS INC Financials

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METRO ONE TELECOMMUNICATIONS INC Files SEC form 8-K, Other Events

Show all filings for METRO ONE TELECOMMUNICATIONS INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for METRO ONE TELECOMMUNICATIONS INC 11-Mar-2009Other Events Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only,...
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METRO ONE TELECOMMUNICATIONS INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquis

Item 2.01 Completion of Acquisition or Disposition of Assets. On December 31, 2008, Metro One Telecommunications, Inc. (the "Company") entered into a Purchase and Sale Agreement with Melissa Data Corporation ("MD") pursuant to which the Company sold to MD the tangible and intangible assets used in connection with its data services business (the "Data Business"). Closing of the sale occurred on December 31, 2008, simultaneously with the execution of the Purchase and Sale Agreement. The assets sold included the Company's current contracts with its data customers, to the extent assignable by the Company; accounts receivable of the Data Business existing on the date of closing; software (including source code) used in the Data Business; the Company's data patent, pending patent application and recently filed provisional patent (collectively, the "Patents"); related furniture and equipment; intangibles, including the tradename "M1 Data and Analytics," the domain name, www.m1data.com and the 800 telephone number used in connection with the Data Business; and the Company's lease of office space in Seattle, Washington. The assets sold include the Company's interest, if any, in its historical telco database (the "Historical Database.") With respect to the Historical Database, the Company has retained the right for one year to sell the Historical Database in its entirety (not as a data retrieval service) on a non-exclusive basis to up to four customers that may use the database for any purpose other than reselling it in its entirety. MD will receive reimbursement of its media costs plus 10% of the gross sales price from any such sales, and the Company, after negotiating a separate revenue share with its data provider, will retain any remaining sales proceeds. MD will maintain and update the Historical Database post closing and will provide technical sales support to the Company in its sales efforts. Following the Closing, the Company ...
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METRO ONE TELECOMMUNICATIONS INC Financials

Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...
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METRO ONE TELECOMMUNICATIONS INC Files SEC form 8-K, Termination of a Material Definitive Agreement, Costs Associated

Show all filings for METRO ONE TELECOMMUNICATIONS INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for METRO ONE TELECOMMUNICATIONS INC 3-Dec-2008Termination of a Material Definitive Agreement, Costs Associated Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). ...
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METRO ONE TELECOMMUNICATIONS INC Files SEC form 10-Q, Quarterly Report

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS FORWARD-LOOKING STATEMENTS All statements and trend analyses contained in this item and elsewhere in this report on Form 10-Q relative to the future constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may, but do not necessarily, also include words such as "believes," "expects," "anticipates," "plans," "estimates," "may," "will," "should," "could," "continue" or similar expressions. Forward-looking statements are not guarantees. They involve known and unknown business and economic risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks, uncertainties and other factors include risks relating to the termination, expiration or pricing of customer contracts and other operating agreements, including leases, our ability to successfully execute our cost reduction efforts and current business strategies, our ability to generate cash from operations, and other risks, including those discussed in our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (the "SEC") and those described in our other filings with the SEC. Any forward-looking statement in this report reflects our expectations at the time of this report only. We undertake no obligation to publicly release any revisions or updates to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Forward-looking statements are based on the assumptions, estimates and opinions of management on the date the s...
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