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Microcap & Penny Stocks : XSNI - X-Stream Network

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To: UPTICK who wrote (1650)7/1/1999 2:05:00 AM
From: Jon C  Read Replies (1) of 3519
 
The key part of this statement is surely:

"In November 1995, Registrant appointed Firecrest Group plc a
public company, as exclusive distributor for DigiPhone in the United
Kingdom and Ireland in consideration for $1,950,575 payable by shares
equal to approximately 10% of Firecrest. ("Digiphone Rights") In
March 1996 all relations with Firecrest were terminated and Registrant
sold all its shares in Firecrest in market transactions.
Subsequently, Firecrest sold its DigiPhone Rights to Meteor."

There has never been any doubt in my mind that the Board of Firecrest were in the main incompetent and following their own agenda. However as UPTICKS posting indicates there is no connection today between Wettreich and XSNI such relationship ceasing in March 1996.

Thankyou UPTICK for setting my mind to rest over this matter.

I look forward to reading more of your informative and relevant postings NOT.

Regards

Jon C
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