UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934
Date of Event Requiring Report: February 24, 2003
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INTERNATIONAL WIRELESS, INC.
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(Exact name of Registrant as Specified in Its Charter)
Maryland 000-27045 36-4286069
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(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
120 Presidential Way
Woburn, MA 01801
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(Address of Principal Executive Offices)
Registrant's telephone number, including area code: (781) 939-7252
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(Former name or former address, if changes since last report)
ITEM 5. OTHER EVENTS.
By a Special Meeting of the Shareholders held on the 24th day of February,
2003 at the Company's office in Woburn, Massachusetts, a quorum representing
13,555,274 issued shares being present, it was unanimously approved that Stanley
A. Young, and Christien A. Ducker be elected to the Board of Directors of the
Company until the next Annual Meeting of Shareholders, whereby hereafter, the
Board of Directors will consist of Dr. Ira R. Weiss as Chairman, Stanley A.
Young, Michael Dewar, John B. Kelly, Christien A. Ducker and Adam D. Young.
By a Special Meeting of the Directors held on the 24th day of February,
2003 at the Company's office in Woburn, Massachusetts, all the directors present
in person or by telephone, it was unanimously approved that Michael Dewar be
appointed as the Company's Treasurer, and Attorney Jerry Gruenbaum, be appointed
as the Company's Secretary.
MR. Young is the Company's Co-Founder, former Chairman and Director of
Merger's and Acquisitions. His background over the past 40 years includes being
a founder, financier, and director of many successful companies in a variety of
industries including plastics manufacturing, consumer products and computer
software.
Ms. Ducker brings her extensive experience as a successful consultant to a
variety of Fortune 500 companies including AT&T and Anheiser Bush. She has
international experience as a founder, partner, manager, executive officer and
CEO in a variety of industries including automobile dealerships, internet
business solutions, data management and Telecommunications. She has been working
with development teams in major financial, telecommunications and manufacturing
companies to establish their internet and intranet initiatives. She has studied
economics and political science at the London School of Economics and
International Business Law at the University of Southern California.
Mr. Dewar, is the Company's other Co-Founder and its' Chief Operating
Officer. He has extensive experience and success in equity financing and
fundraising. He has experience as a founder, financier and Director of several
companies, particularly early stage technology start-up situations.
Attorney Gruenbaum, is the Company's current General Counsel. He is
admitted to practice law since 1979 and is a licensed attorney in various states
including the States of Massachusetts and Connecticut, where he maintains his
practice specializing in Securities Law, Mergers and Acquisitions, Corporate
Law, Tax Law, International Law and Franchise Law. He is a former President and
a Chairman of the Board of Directors of a multinational publicly traded company
with operations in Hong Kong and the Netherlands.
Adam J. Cogley remains the Company's Controller. All of the new appointees'
employment agreements with the exception as to title and capacity with the
Company remain unchanged.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: March 4, 2003 International Wireless, Inc.
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(Registrant)
/s/ Michael Dewar
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Michael Dewar, Treasurer & COO
/s/ Jerry Gruenbaum
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Jerry Gruenbaum, Secretary