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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?


To: Bill C who wrote (46073)7/8/1999 11:56:00 AM
From: William Brotherson  Read Replies (2) | Respond to of 50264
 
OK, Just got this:

WB:

I don't know if you're monitoring your e-mail, but I just hung up with
Cheryl. She says she's been fielding phone calls all a.m. and is trying her
best to soothe investor concerns. Believe it or not, neither Jimmy or Roger
has called her and she is unable to to reach them at the DGIV office (I
guess it's because it's not 9 a.m. yet in Santa Monica). She says the
trading halt was news to her as well, in that the SEC did not want to tell
DGIV what was up. She assured me that Jimmy is not a liar or fraud, and
that the contracts and agreements that the SEC says it has doubts about are
real. Apparently, DGIV's partners refuse to let DGIV disclose the fact that
contracts are in place.

Feel free to cut and paste this e-mail and post it to SI as you see fit.
Please don't mention my name, though. Thanks.

wb



To: Bill C who wrote (46073)7/8/1999 12:01:00 PM
From: Dolfan  Respond to of 50264
 
Thanks Bill for the post.
Here is the complete file on DGIV that was a link on that site.

Also, can anyone with Level II maybe Jack let us know what MM was doing the buying last week, maybe covering shorts. I really think we need to look at the volume as a sign of the MM's covering shorts. Should have known oh well!

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.

SECURITIES EXCHANGE ACT OF 1934
RELEASE NO. 41607 / July 8, 1999

The Securities and Exchange Commission ordered the temporary suspension, pursuant to Section 12(k) of the Securities Exchange
Act of 1934 ("Exchange Act"), of trading in the securities of Digitcom Interactive Video Network ("Digitcom"), beginning 9:30 a.m.
EDT, on July 8, 1999, and concluding 11:59 p.m. EDT, on July 21, 1999.

The Commission ordered this trading suspension because questions have been raised about the adequacy and accuracy of publicly
disseminated information concerning Digitcom Interactive Video Network, relating to the company's financial condition and the nature or
existence of agreements and contracts with overseas private and governmental entities. The Commission determined that the public
interest and the protection of investors requires a suspension of trading in Digitcom securities.

The Commission cautions broker-dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing
information along with all other currently available information and any information subsequently issued by the company.

Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of
the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If
any broker or dealer has any questions as to whether or not it has complied with the rule, it should not enter any quotation but
immediately contact the staff of the Securities and Exchange Commission in Washington, D.C. If any broker or dealer is uncertain as to
what is required by Rule 15c2-11, it should refrain from entering quotations relating to the securities of Digitcom until such time as it has
familiarized itself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation which is
in violation of the rule, the Commission will consider the need for prompt enforcement action.



To: Bill C who wrote (46073)7/8/1999 12:04:00 PM
From: Lazarus Long  Read Replies (1) | Respond to of 50264
 
Excellent find Bill...

Here is the case write-up pertinent to Digitcom (the only one listed as suspended today):

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
SECURITIES EXCHANGE ACT OF 1934
RELEASE NO. 41607 / July 8, 1999

The Securities and Exchange Commission ordered the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 ("Exchange Act"), of trading in the securities of Digitcom Interactive Video Network ("Digitcom"), beginning 9:30 a.m. EDT, on July 8, 1999, and concluding 11:59 p.m. EDT, on July 21, 1999.

The Commission ordered this trading suspension because questions have been raised about the adequacy and accuracy of publicly disseminated information concerning Digitcom Interactive Video Network, relating to the company's financial condition and the nature or existence of agreements and contracts with overseas private and governmental entities. The Commission determined that the public interest and the protection of investors requires a suspension of trading in Digitcom securities.

The Commission cautions broker-dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company.

Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not it has complied with the rule, it should not enter any quotation but immediately contact the staff of the Securities and Exchange Commission in Washington, D.C. If any broker or dealer is uncertain as to what is required by Rule 15c2-11, it should refrain from entering quotations relating to the securities of Digitcom until such time as it has familiarized itself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action.