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Microcap & Penny Stocks : MXMX MediaX Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Nicholas Orlandi who wrote (929)	6/15/1999 11:22:00 PM
From: Ed	Read Replies (1) \| Respond to of 955

Hi Nicholas I spoke to Investor Relations last week. They of course were pretty upbeat. Big Brother was my first question. They said it has been put on the back burner while they gear up for Echostar. Lots of announcements coming in that area. He said it was not actually finished till Feb. Right now they have one bid for it of I think $2 mill plus a % and they are waiting on a potentially higher bid. I did not get the impression it would be out anytime soon. Seems crazy to let this sit around since Feb. gathering dust. He also said the stock issued in the most recent funding will be tied up for a year. Ed