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To: Wayne Rumball who wrote (2882)	10/21/1999 2:07:00 PM
From: Tom Allinder	Read Replies (2) of 2942

DD on GLNC... Glenhills Corp is essentially a shell... Shares: O/S: 12M Float: 2M An investment group owns 6M, Company insiders own 4M. No R/S is planned. Glenhills Corp will become Millennium Multi-Media by December 15. This will include a ticker change. What will Millennium Multi-Media be? It will be an entertainment portal. MMM will sell music, movies and other medial through an internet site. The biggest thing they will be doing is selling downloadable movies, music etc. Blockbuster is in process of trying to do this with regard to rentals. This is being driven by the increasing bandwidth availability across the U.S. MMM web site will be a global portal. Why might this work? MMM CEO is Charles Webber. CW has 20 years experience in the entertainment industry and is the former CEO of Lucasfilm Ltd. Lucas films have enjoyed a certain amount of success over the years. Webber is well connected in the entertainment business. There will be a NR between now and Dec 15 of the completion of the RM into GLNC along with the new ticker. After that will be the launch of the web portal along with a number of "deals" that are being worked out now. While valuations at this point are pure speculation... with only 12M shares O/S... Mark Taggatz, my contact for the deal seems to think that at .05 X .09, Millennium Multi-Media would be severely undervalued once the curtain is lifted on the new company/ticker. Finally, this will be an ongoing process and I will stay on the company to get developments to you as they happen. I realize there are lots of questions and I am working to get the answers. The stock had a run on it 2 days ago and seems to have settled now. If this thing goes through the .09 offer, it will run again. Not a rec to buy, do your own DD. Tom

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