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Microcap & Penny Stocks : XSNI - X-Stream Network

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To: Jacalyn Deaner who wrote (1797)7/5/1999 3:05:00 PM
From: Glenn Petersen  Read Replies (1) of 3519
 
It is doubtful that Lucent would have accepted stock as either compensation or collateral. Bear in mind that when Lucent cut the deal with the X-Stream Network, XSNI had not started trading. This assumes, or course, that XSNI and X-Stream are one and the same.

Additionally, since the contract involves "technology" and "services", the X-Stream Network may not have taken possession of a lot of hardware. Lucent's collateral may be limited to the actual hardware. Who knows, someone may have stepped up with a personal guarantee.

BTW, the X-Stream SmartShopper press release has finally been posted on the X-Stream web site. Hope you had a good 4th.
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