SUNBURST M.C. LTD.(SNBR) CDN Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : SUNBURST M.C. LTD.(SNBR) CDN

Public Reply Prvt Reply Mark as Last Read File

Next 10PreviousNext

To: John Stella who wrote ()	12/18/1996 3:38:00 PM
From: John Stella	of 11

TO ALL SUNBURST IS BACK TRADING NEWS RELEASE DEC. 12, 1996 UPDATE OF ITS ACTIVITIES 1. CDN Quotation Following the recent trading halt on the Canadian Dealing Network, Sunburst has supplied an extensive amount of documentation in response to a request by the CDN. The Company has been informed that pending a review of this documentation and any follow-up requests the CDN has Lifted the trading halt, but trading will be re-instated without quotation on the CDN system. The Company anticipates that it will be at least a number of days before CDN completes its review and the company will comply fully with any supplementary requests. 2. New President & CEO As of dec.4th, 1996 Mr. Fernand Carbonneau has been appointed to the board of the company and assumed the position of President and Chief Executive Officer. Mr. Carbonneau is a recognized leader in the Quebec cable TV industry. 3. Cable TV industry- New Market One important consequence of the Carbonneau appointment will be to open a potential new market for the Channel i service and set top box. The combination of the set top box and the Channel i service represents a potential breaktrough for independant cable TV operators who are faced with the alternative of costly investments in order to offer interactive services to their customers 4. TVConnect Set Top Box Sunburst has reached an agreement to acquire 100% ownership of International Interactive Media (IIM) of Montreal. IIM holds the exclusive marketing rights to the TVConnect box developed by Vectron Industries 5 TEEQ Strategic Partner Sunburst has also reached agreement in principle to acquire 100% of its strategic partner TEEQ. TEEQ is the company which has developed and is marketing the model of the Channel i service 6 Integrated Voice Messaging System Sunburst has reached agreement to acquire Voicelink of Vancouver B.C.. Voicelink holds a license with turn -key technical training and support for a voice messaging system which will be packaged with e-mail access to provide an expanded service package for premium users of the Channel i service. Contact the company for an executive summary at 604-482-1210 or 514-990-6671 visit their web site www.channeli.com regards john

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Next 10PreviousNext