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SPACETALK LTD — Capital/Financing Update 2013
May 7, 2013
65842_rns_2013-05-07_23770a7d-0a06-4c92-af98-296b721a3555.pdf
Capital/Financing Update
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ASX Market Announcements ASX Limited 20 Bridge Street Sydney NSW 2000
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ASX Release MGM Wireless Ltd
May 8, 2013
REPAYMENT OF DIRECTOR LOAN
MGM Wireless (ASX:MWR) advises that it has repaid $100K of loans from a Director with the proceeds raised from the exercise of options by Directors.
About MGM Wireless Ltd and Messageyou, LLC
MGM Wireless is recognized in Australia and internationally as a pioneer of socially responsible technology-enabled school communications with a proven track record to design, develop and successfully commercialise innovative world class technology products.
The company’s patented SMS School communication solutions empower schools to effectively communicate to parents and caregivers using SMS text messaging to improve student attendance, welfare, safety and parent engagement. Measurable benefits for schools include reduced operating costs, increased productivity and improved parent and community engagement which ultimately improve student learning and social outcomes.
Schools in Australia, New Zealand and the United States use Messageyou software in their day to day operations.
For further information contact: MGM Wireless Ltd. - (ASX:MWR) Mark Fortunatow, CEO Mobile: 0421 328 984 Phone: 08 8104 9508 Email: [email protected] Web: www.mgmwireless.com