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Microcap & Penny Stocks : MEGACHAIN.COM LTD (OTC-BB: MGCN)

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To: Gary Lutz who wrote (157)	8/10/1999 5:31:00 PM
From: Blue Voodoo	of 191

I spoke to the CEO of MGCN, Tom Lavin today. Here's the scoops. The biggest news: The target date for a news release listing MegaChain's initial set of vendors and ISP's is on or before the middle of September. That is the news that will start really turning heads. Other info: Thomas Johnson, the new marketing guy, was hired to help line up vendors and ISP's in the US. Residual bugs in the beta release version of the firm's software are being cleaned up. The final, "ready for prime time" version of the software will be up and running before the end of August. That's when Megachain can start seriously advertising for agents and vendors (although they already have about 1000 agents signed up, and more than 100 potential vendors have expressed interest in the MegaChain program). I also spoke with Bruce Harvey of investor relations at MGCN. Interestingly, he bought his stock in MGCN at $1.50 per share.

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