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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!!
DGIV 0.00Dec 5 4:00 PM EST

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To: bullmarket who wrote (36319)1/16/1999 3:52:00 AM
From: paulmcg0  Read Replies (1) of 50264
 
[[since teltek has the licenses needed in these countries]]

You must work for the Clinton Administration, trying to put that kind of "spin" on the situation!

The press release (see biz.yahoo.com says:

"In addition, the Joint Venture Agreement with Teltek requires Teltek or its affiliates to secure for the Venture certain carrier and network licenses for data-related business services in the United States and China before the Joint Venture can be implemented. Teltek has represented that it has in its name certain of the licenses that may be required."

"In this connection, in consideration of Teltek and its affiliates obtaining the necessary licenses on behalf of the Joint Venture so that Digitcom may operate as an Internet Service Provider for voice/data for the Venture in China, Digitcom will grant to Teltek options on Digitcom stock at $1.50 per share in a dollar value equal to the commission paid by the Venture to Digitcom in the first year of Venture operations."

Yes indeed, they may or may not have the necessary licenses...

I raised this issue about licenses before the clarification came out in Message 7299447 but the response of this thread was to try to shout me down or ignore the issue.
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