Sent to XSNI requesting press release with substance:
CC also sent to Nethead - Dr. Gushuran Virdi - and in my email to this Dr. of Nethead, I asked specifically if Nethead was XSNI, too.
Dear Dr. Kathuria, I understand that since March 4, 1999 press release regarding the Lucent
technologies deal, there have been no further public updates. Since it is not the policy of
xstream UK to issue press releases in the interest of the shareholders in the US, I have
requested Lucent release the update since they are a publicly held company and HAVE to be
accountable to the SEC in the United States of America. The following is a small synopsis of
events to date, including the March 4, 1999 press release.
The information provided by Lucent will substantiate the valuation of XSNI, xstream UK the
free ISP in the UK by a verifying third party.
Since you are an officer of the corporation, could you please tell me why Lehmans UK did
NOT know about XSNI being processed for the IPO? Or is it going to be XSTR? Is XSTR
going to be a subsidiary of XSNI or a spearate spin off? What are the revenues to date - has
the April 30, 1999 shareholder statement been released? I thought that several
firecrest/megacom now XSNI shareholders were expecting that the April 30, 1999 report
would have been in their possession by now - it is July 5, 1999.
Of the number of accounts you have set up - numbers range from 150,000 to 400,000 -
what is the EXACT number of ACTIVE accounts you have and how many HITS to xstream
UK the free ISP daily do you encounter/experience. What the shareholders in the US have a
right to know is the exact number and accounting that can be verified.
Also, Mr. Manning told me that there were 20 million warrants in addition to the 34 million
common shares; there are actually 50 million common shares, now exactly hoiw many
warrants are there?
We, as shareholders, desire to be winners with this stock, and we want to know the direction
this company is taking us and we want to be able to verify the information provided by the
company with credible third parties.
Please issue a press release with pertinent investor information immediately. Your attention to
these "details" will be appreciated. If you care to receive any of the information I have
received to date during my investigations, just let me know.
Jacalyn M. Deaner
Shareholder XSNI - 10 Shares
> > > FOR RELEASE THURSDAY MARCH 04, 1999
> > >
> > >
> > > LONDON - Lucent Technologies (NYSE: LU) today announced a £17.5
> > > million (US$28 M) agreement to provide Internet
> > > access technology and related services to The X-Stream Network, a
> > > UK-based Internet service provider (ISP) with about
> > > 200,000 subscribers.
> > >
> > > X-Stream's Internet traffic will be carried across a powerful
> network
> > > built on Lucent's full range of networking solutions,
> > > including products from its acclaimed Cajun( Campus line of local
> > > area network switches, as well as its PacketStar® IP
> > > portfolio.
> > >
> > > "Since the free ISP market has become highly competitive in such a
> > > short time, it is imperative that we offer a highly reliable
> > > Internet service to our subscribers," said Gregory Sukornyk, chief
> > > executive officer and co-founder of The X-Stream
> > > Network. "Only Lucent was able to meet all our networking needs,
> > > ensuring we achieve the best Internet service, since it
> > > was the only vendor that was able to supply us with an end-to-end
> > > solution."
> > >
> > > "X-Stream is a pioneer in free Internet access and we are very
> > > excited that it has selected Lucent to expand its IP
> > > network," said Vincent Molinaro, chief operating officer of
> Lucent's
> > > Europe, Middle East and Africa (EMEA) region. "In fact,
> > > we feel a special pride because it is proof that we are helping to
> > > shape the future of tomorrow's networks."
> > >
> > > X-Stream will manage its in-coming data Internet calls using
> Lucent's
> > > PortMaster® 4 Remote Access Concentrators, which
> > > meet high-volume, multi-service access requirements. In addition,
> the
> > > company will deploy Lucent's revolutionary
> > > PacketStar IP portfolio, which comprises the PacketStar 6400 Series
> > > IP Switch and the PacketStar Gateway 1000 solution.
> > > Millions of Internet calls can be routed via the IP Gateway 1000, a
> > > fault-tolerant, Internet telephony system that also
> > > includes the PacketStar IP Manager and PacketStar IP Gatekeeper for
> > > managing and routing calls across multiple zones in
> > > the network.
> > >
> > > All incoming Internet calls will go through the Lucent Managed
> > > Firewall, an industry-leading secure, expandable and
> > > easy-to-use hardware and software platform. They travel across
> > > Lucent's high-capacity Cajun(tm) P550(tm) Gigabit Switches
> > > either to X-Stream's host applications - provided by Lucent and Sun
> > > Microsystems' ISP bundle - or out to the World Wide
> > > Web via Lucent's PacketStar 6404 IP Switch, which is designed
> > > specifically to support the convergence of data and voice
> > > networks and services. The PacketStar 6404 IP Switch offers
> > > industry-leading Quality of Service (QoS) capabilities and
> > > guarantees up to 64,000 different levels of service, depending on
> the
> > > needs of the business.
> > >
> > > "Lucent's portfolio of reliable networking products enhances our
> edge
> > > in the competitive Internet market," said Dr Chirinjeev
> > > Kathuria, executive director of The X-Stream Network.
> > >
> > > X-Stream Technologies, Inc and its affiliate companies represent
> one
> > > of the most exciting developments in the Internet
> > > market today. The X-Stream Network seeks to become the world's
> > > largest true portal to the Web and provide advertisers,
> > > retailers and companies a unique opportunity to secure a direct
> > > access to consumers all over the world via a user-friendly,
> > > highly interactive consumer interface. Currently, it has
> > > approximately 200,000 subscribers in the UK and will shortly extend
> > > its reach overseas. Its operations base is in London, UK and it is
> > > registered in Delaware, US.
> > >
> > > Lucent Technologies designs, builds and delivers a wide range of
> > > public and private networks, communications systems
> > > and software, data networking systems, business telephone systems
> and
> > > microelectronic components. Bell Laboratories
> > > is the research and development arm of the company. For more
> > > information about Lucent Technologies, visit the company's
> > > Web site at lucent.com.
>
Now I have to go and get some shopping done, and take my baby BART for his ride. Hope everyone had a nice holiday; can't wait to go skiing again - it is HOT in Texas. :) Jacalyn |
