Platforms Wireless International Corp. posted Net Operating Loss (NOL) in excess of $72 million for the quarter ending September 30, 2012. Currently, the company is considering and pursuing qualified suitors interested in acquiring or merging with the Company to benefit from its $72 million NOL, as well as its experience in emergency response communications system products and technology.

The company is in communication with several possible merger/ acquisition candidates. Preliminary discussions have been held with these companies, but no final decisions or offers have been made at this time. The Company is presently interested in and pursuing an appropriate merger, acquisition, product infusion, strategic alliance, or outright corporate sale.