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Microcap & Penny Stocks : WR, LB and Friends. NO HYPESTERS OR SCAMMERS

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To: Wayne Rumball who wrote (10795)5/16/1999 9:58:00 AM
From: Lal  Read Replies (2) of 13776
 
Has anyone come to the realization that with 100 million post-split shares authorized and a post-split price of $5.25, this is suddenly a $500 million plus company? This is a serious little venture - check it out.

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Friday May 14, 6:45 pm Eastern Time

Company Press Release

SOURCE: Pac-Rim Consulting Inc.

Pac-Rim Consulting Inc Announces Completion of Stock Purchase Agreement to Acquire 100% of the Outstanding Share Capital of Telemonde Investments Limited

HAMILTON, Bermuda, May 14 /CNW-PRN/ - Symbol PRCG: Pac-Rim Consulting Inc (''Pac-Rim'') is pleased to announce it has completed the previously announced acquisition of 100% of the issued and outstanding common shares of Telemonde Investments Limited in exchange for 8,819,750 common shares of Pac-Rim.

The effective date for the previously announced forward split of the Company's issued and outstanding shares, on the basis of 4 for 1 and the Company change of name from Pac-Rim to TELEMONDE INC. (''Telemonde'') will be Monday May 17, 1999.

Telemonde is a Bermuda-based carrier's carrier supplying fiber optic bandwidth and added value services to the global telecommunications industry. Telemonde owns substantial capacity and rights over capacity on two state-of-the-art transatlantic fiber optic cable systems: Atlantic Crossing, a subsidiary of Global Crosssing (GBLX) and Gemini Submarine Cable System, a subsidiary of Cable + Wireless (CBLW) and MCI Worldcom (WCOM). These are the first generation of privately financed cable systems following liberalisation in the United States and Europe and offer greater capacity, increased security and improved quality of service. Customers of Telemonde include: Unisource Carriers, Carrier 1 and Telecom Italia (TI).

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