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Microcap & Penny Stocks : DIGITCOM (DGIV-OTC-bb)Information Thread
DGIV 0.00Dec 5 4:00 PM EST
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To: Michael Ulysses who wrote (345)9/30/1998 7:55:00 AM
From: Lazarus Long  Read Replies (1) of 530
 
I received a reply from Cheryl Mitchell this morning
regarding the questions I posed last week. Because she
did not know the answers, she forwarded the questions to
Mr. Chin. The full text follows:

*********************************************************************************************

As with any Rumors, it starts with some truth and a lot of imagination!
We do own a ISP company licensed to operate in Indonesia. This is the
very first time in Indonesia history that a foreign entity was permitted
to own 100% of a Indonesian ISP company. Digitcom have leveraged this
license to activate its planned IP network to be build as previously
announced in a Joint Venture with StarPage.

In the case of the last minute delay, it was a oversight on the need to
audit the 1996 year at the last minute as was the decision our attorney.
We knew what will happen to the perception of Digitcom but also we knew
that we must follow the right path to the process in filing the 10SB. We
are looking for alternatives which may provide the public with a filing
of a 10Q.

The management makes the fundamental business decisions but the attorney
have the final say on all matters which has to do with the disclosure of
information to the public which may influence on their investment
decisions.

Digitcom has not have a CFO presently as we are very small company with a
very BIG goal of becoming a BIG company. But we have been actively
seeking a CFO candidate for the past 3 months and will continue so in
this effort!

There are no revenue to speak of from any previous contracts because of
the delay in setting up our network. The price advantage in using your
own network is the only model that would make Digitcom a financially
viable public company!

There are many strategy to be on NASDAQ or AMEX other than a filing of
the 10SB.

Some Example:
1. NASDAQ or AMEX company acquiring DGIV.
2. NASDAQ or AMEX company merging with DGIV.
3. There are more...

But the most obvious answer to your question is when DGIV complete and
sign even one of the contracts with a foreign PTT or Telephone company,
the respect of the company will be base on the merit of its fundamental
and its true value will be looked at from a different point of view not
only from present DGIV investors but from a lot of Global Telecom Players
for not what DGIV already have but what else can it get with all of the
signed MOUs. The perception of potential for DGIV becomes more real than
what is today.

The first contract is always the hardest one as with the first Million
Dollar!

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