Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : XSNI - X-Stream Network -- Ignore unavailable to you. Want to Upgrade?

To: Jon C who wrote (1773)	7/5/1999 11:19:00 AM
From: Jacalyn Deaner	Read Replies (1) \| Respond to of 3519

Manning also said that XSNI was listed on the wrong exchange - when in the Feb 1999 statement to you guys over there - it is indicated that the only way manning could consumate the xstream Canada deal was to be listed on the OTCBB by November 1, 1998 - and manning just made that date; manning also said Lehmans was working on the IPO for XSNI and you know what Lehmans says about that; manning also said that there wer only 34 million shares out - and you know there are 50 million listed with the Transfer Agent; manning also said there were 20 million warrants - and I am finding out that may be WRONG too. Unless there can be someone that can back up what manning says, his word is mud. That is exactly why Lucent is giving me ALL the details and specifics and I shall post them when received. If Lucent did provide the financing - what was the collateral, could it have been the "good name" value of xstream UK. I am forwarding your post to Lucent since you quote Manning himself - the contract is completed - then the service should be operating with a whole lot more efficiency and speed with the few hundred thousand "accounts" of which half may be active. If lucent provided the financing, what are the terms of the payback; where are the revenues going to be generated to pay this debt off; OR is Lucent a majority owner of xstream UK the free ISP which is XSNI? When I get this answer from Lucent, I'll post it. They may have signed a deal - but is it consumated - ie: has it been only signed and not executed? And now, the terms of the loan/financing have to be disclosed. Thanks for your post, your posts provide no actual day to day productivity of xstream UK the free ISP; but you do offer up little bits of information with each post, particularly the one about the transfer agent, and now this lucent clarification from manning - which has to be verified, consider me "on it" :) Jacalyn

To: Jon C who wrote (1773)	7/5/1999 11:30:00 AM
From: donkeyman	Respond to of 3519

Jon C:-That's BIG NEWS "Lucent Themselves provided the Finance"-for X-Stream US$28 million (Cdn$41 million) Internet system.!!! Lucent must have studied X-Stream's past and liked what they saw in their future. I feel much better about my few X-Stream shares now.!!!! The Sunday Times from a few weeks ago had X-Stream rated #7 instead of #3 in the number of subscribers. I was just reading this week's Sunday Times, looking at a business report called "Freelanse journalist to float online auctioneer for 750 million pounds. It's an eBay style auction, something I was on the look-out for over the last 6 months. anyway here is a quote "Last September eBay began trading at US$14.96 and it has risen in April at US$215.---Those figures are also wrong ??eBay started at US$8 7/16 to US$234.00/sh (those figures are after the 3 to 1 split)!!! Looks like the Sunday Times are not the best when it comes to figures.???