Frequently Asked Questions 1) Q: Who are the founders of Wavve Telecommunications, Inc. and how was the company formed?
The founders of Wavve Telecommunications, Inc., a California corporation (“Wavve California”), are a group of Internet professionals that worked at Worldcom in the Global Data Network Operations Center. Prior to this, the group worked together at Brooks Fiber and Phoenix FiberLink. This team is led by Bob Ingraham who, with other members of his team, formed Wavve California after leaving Worldcom in September 1998. Wavve California was incorporated in California in June 1997 and obtained its original financing in October 1999 by completing a reverse takeover (RTO) of a Yukon (Canada) shell company named Gran Colombia Resources Inc. Gran Colombia had been trading on the Toronto Stock Exchange (TSE), but with the acquisition of Wavve California, the company no longer met the TSE listing requirements. In October 1999, Gran Colombia changed its name to Wavve Telecommunications, Inc. and listed its shares on the Vancouver Stock Exchange (VSE) under the symbol WV. In November 1999, the Vanco
