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 Report (Date of Earliest Event Reported): July 10, 1997
TAL Wireless Networks, Inc.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation or organization)
0-26110
(Commission File Number)
13-3768554
(I.R.S. Employer Identification Number)
930 East Arques Avenue
(Address of Principal Executive Offices)
94086-4552
(Zip Code)
Registrant's telephone number, including area code: (408) 523-8000
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Item 5. Other Events.
As a result of a continuing shortage of available cash, on
July 23, 1997, TAL Wireless Networks, Inc. ("Registrant") layed off
its entire U.S. staff based in Sunnyvale and Alaska.
In addition, on that same date, John Vargo, Registrant's Chief
Executive Officer, resigned his position with Registrant.
The directors of Tetherless Access Asia Limited, an Australian
operating subsidiary, have appointed an administrator to manage the
affairs of that company.
Registrant is currently preparing to file a petition under the
U.S. Bankruptcy Reform Act of 1978.
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Signature
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, thereto duly authorized.
Date: July 28, 1997
TAL WIRELESS NETWORKS, INC.
By: /s/ Tim Todhunter
Tim Todhunter
Sole Director
