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

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To: Blue Voodoo who wrote (189)4/19/2000 10:24:00 AM
From: innervision7   of 191
 
MegaChain.com Ltd. Now Fully Reporting; Resumes Trading on NASD OTCBB

VANCOUVER, BRITISH COLUMBIA, Apr 19, 2000 (BUSINESS WIRE) -- Tom Lavin,
President of MegaChain.com Ltd., announced today that the Securities and
Exchange Commission has cleared the Company's filed Registration Statement on
Form 10-SB, thereby registering its securities under section 12(g) of the
Securities Exchange Act of 1934. As such, the Company's securities are now
eligible for quotation on NASD OTCBB.

Megachain.com, Ltd., is now a fully reporting entity, being subject to the
reporting requirements of the Securities Exchange Act of 1934, and has begun
filing regular quarterly and annual reports with the Securities and Exchange
Commission.

MegaChain.com has created an Internet based Ecommerce software that combines
`opt-in' referral email with a multi-tiered structure that allows anyone with an
email account the opportunity to earn commissions by forwarding advertising
incentives to friends, relatives and business associates.

MegaChain.com conducts its business internationally via the Internet at
www.megachain.com. The Company's corporate offices are located at 34 West 8th
Avenue, Vancouver, British Columbia, Canada V5Y 1M7, telephone 604 873-3847, fax
604 873-4295.
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