INVESTOR INFORMATION.. MegaChain.com .. April 19, 1999
MegaChain.com, with its revolutionary approach to Internet E-commerce advertising, is an incredibly exciting opportunity from the investor's point of view. For well over a year Internet stocks have soared based on forecasts of on-line retail sales experiencing exponential growth. If an investment of $10,000 was made in Yahoo, as late as April of 1998, it would be worth over $80,000 today.
Yahoo's revenues, both projected and to date, have come almost entirely from banner advertising. The same can be said for the majority of high traffic web sites. Corporations with a web presence realize that advertising is of paramount importance for building their own traffic and sales. As a result they are spending an increasingly significant portion of their advertising dollar on web related activities.
As the effectiveness of banner ads diminishes, these corporations are actively searching for viable alternatives. The MegaChain.com concept of proliferating incentive-driven email advertising via a chain of friends, relatives, acquaintances and business associates, harnesses the power of ‘word of mouth' advertising and neatly circumvents the negative aspects of unsolicited ‘spam' email.
One has only to realize that every single company with a web site stands to benefit from the MegaChain.com multi-level, email, advertising program, making each of them a potential client. Perhaps more significantly, every single person with an email account, [there are over 70 million in North America alone], stands to benefit either as a customer, an agent or both. When one takes into account the sheer magnitude of these groups as possible participants, the potential for MegaChain.com is limitless.
MegaChain offers web retailers the only form of Internet advertising that is invoiced on verifiable, measurable results. Anyone with an email address can become a MegaChain Agent at no cost whatsoever and is remunerated for generated responses via an automated system of multi-level commissions.
The explosion of retail sales on the Internet, the futuristic vision of management and the expertise of a seasoned and savvy software team have combined to position MegaChain for an unprecedented breakthrough in viral marketing technology. With well over a year of business planning and code writing already invested, a web site up within weeks and beta testing about to commence, MegaChain is uniquely positioned to become the de facto standard solution for multi level advertising on the Internet. What better time to invest in a high tech company than just before the world knows?
This editorial piece may contain forward-looking statements made pursuant to the "safe harbour" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation continued acceptance of the Company's products, subscriber growth, product demand, competition, and other risks and uncertainties detailed from time to time in the Company's periodic reports.
MegaChain.com, Ltd.
Fact Sheet
April 19, 1999
Shares Issued: MegaChain.com currently has 16,154,000 shares outstanding.
Fully Diluted: 16,264,000 shares.
Major Shareholders: Of the total outstanding shares, the President and Vice President have 6,000,000 restricted shares that have a one year hold period. They become free trading shares on February 17, 2000. The remaining shares are in the hands of the public.
Options Outstanding: At the present time there are no options outstanding.
Warrants/Obligations: 110,000 Warrants @ .60 to April 8, 2000.
Working Capital: The company has approximately $1,000,000 working capital.
Debt: At the present time there is no appreciable debt.
Officers and Directors: At present they are as follows: Tom Lavin, President and CEO; William Lavin, Vice President and Secretary-Treasurer; and Donald Steele, Director.
Exchange and Symbol: NASDAQ OTC BB – MGCN
CUSIP#: 58516A102
Incorporation Date: September 10, 1993, in the State of Delaware.
Authorized Capital: 20,000,000 @ .001 par value
Corporate Office: MegaChain.com, Ltd., 34 West 8th Avenue, Vancouver, British Columbia, Canada V5Y 1M7. Telephone: 604 873-3388 Fax: 604 873-0674
The company advises that while every effort has been made to provide accurate corporate details, the information contained herein is subject to change without notice.
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