Australian-listed MGM Wireless has announced that European media, entertainment and telecommunications giant Sky is selling its all-in-one SPACETALK children’s smartphone, watch and GPS device in the UK.
MGM Wireless, creator of the Spacetalk smartwatch, says it will drawdown a further $250,000 of its existing $2 million convertible note to support expanded distribution in the New Zealand and UK markets.
Mark Fortunatow, chief executive of technology company MGM Wireless — makers of the all-in-one smartphone, watch and GPS device Spacetalk — has increased his shareholding in the company with an investment of $150,000.
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