DGIV is providing the internet backbone technology and partnering with regional and national telcos in emerging economies for low cost long distance service. Expected to do at least 30 M this year at a profit. Stock has been climbing and is expected to continue. Check Yahoo and SI thread, here's a recent press release...
Digitcom Prepares For Fully-Reporting Status
SANTA MONICA, Calif., April 2 /PRNewswire/ -- Management of Digitcom Corporation (OTC Bulletin Board: DGIV), anticipating the results of outside auditor Alex D. Domantay & Associates' report due in mid April, announced the company's intention to file Form 10 and become a fully-reporting corporation.
The company will take this action with the aim of listing on Nasdaq's Small Cap market.
"Digitcom will fulfill all the financial requirements for listing on the Nasdaq small cap market and as soon as the stock meets the $4.00 price requirement we will move on making the necessary filings," said Jimmy Chin, Digitcom CEO.
Management believes that taking these actions will broaden the company's shareholder base and increase research following and institutional involvement.
Jay Allen Greig, President and CEO of Digitcom's financial relations firm, Liberty Capital Group, Inc. of Bellingham, WA, said, "I'm very confident that the plans Digitcom has will be beneficial to shareholders, long term."
Digitcom is a telecommunications and data network company working with regional and national telephone companies in Europe and on the Pacific Rim to establish international long distance networks. The company is a leader in Internet voice communications technology and is marketing its Internet-based telephony products under its brands: "FAXport", "NetCall", "VOXport", and "Mobile Callback".
SOURCE Digitcom Corporation
CO: Digitcom Corporation
ST: California
IN: CPR TLS
SU:
04/02/98 06:30 EST prnewswire.com
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