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

To: Suntrader who wrote (2208)	7/21/1999 2:56:00 PM
From: Jacalyn Deaner	Read Replies (3) \| Respond to of 3519

I think from all that has transpired with Lucent getting their attorneys involved when asked a question about a contract that is public knowledge at their public website has been consumated and involved with XSNI and not just xstream UK, perhaps thinking xstream UK is a privately held company, and the information Paul Meyers gave to Bloomberg about xstream UK being privately held - that XSNI is just a little subsidiary that is xstream canada, programmers that write programs for the free ISP and that when people received the responses from so and so that "XSNI was the free ISP in the UK" that is all it is - the software/no hardware of the free ISP in the UK. All the other entities are "subsidiaries" of the privately held company as well, and are ALL individually partitioned and separated from each other; what one does has no affect on the valuation of the other; And the privately held company can make any kind of deals with whatever corporation they want to that includes all or none of the "subsidiaries" like what has the most value to the privately held company - Nethead and GOD of course; XSNI canada - isp software is a dime a dozen. This is just supposition, and NOT doing any DD, but based upon the recent public documents in the UK, bloomberg, overreaction from Lehmans and Lucent on XSNI [and of course xstream UK having the NYC attorney call me up and tell me to stop asking questions and that nothing has to be released until the year 2000 filing deadline] - there IS a connection somewhere and I believe bloomberg and Mr. Meyers described the situation in a nutshell. We can only go on what the company has released to date that is all public and so far public vs private; subsidiary vs parent. Mr. Meyers seems to have confirmed that xstream UK is a privately held company; so and so confirms that XSNI is the "free ISP in the UK". No one has said nor explained why some one said in May XSNI was xstream UK and why the overreaction to questioning public documents at Lucent brought about such a dramatic tumult over in the UK. Now it is up to bloomberg to get it all straightened out and for us to be able to read it. Good Luck with your holdings :) Shirley

To: Suntrader who wrote (2208)	7/21/1999 3:34:00 PM
From: donkeyman	Read Replies (1) \| Respond to of 3519

Suntrader, From past posts it seems like those that talked to X-Stream management or received e-mail often got referred back to that X-Stream's major News Report in February 1999. Looks like the Shareholders of X-Stream have to look upon that major report as the Gospel.!! It's strange how X-stream aren't interested in bragging about their Company like you see in the USA or Canada. Building the number of subscribers up to 400,000 is very impressive. Unless they're setting up some joint ventures or the like and want to keep the price down before major announcements.?? (why would they want to do that???) It's a hard one to read this U.K crowd. But we know the capabilities through China.com where a Portal company can jump on only 400,000 subscribers, 4.2 million shares in the float and I believe 30 million issued.???We may be looking at portals here in the U.K. just like it was a year or two ago in the USA the ones most of us missed out on.!! Those that bought AOL and Yahoo etc cheap had no picture on the wall to go by, but we do, and as early as last week.!!

To: Suntrader who wrote (2208)	7/22/1999 12:41:00 PM
From: Jon C	Read Replies (2) \| Respond to of 3519

Suntrader, I don't know what documents you looked at at Companies House but the Financial Statements that I have in front of say in note 1a refer to Mega Com Group Inc(X-Stream Network Inc) and its subsidiaries: Mega Com Group Plc(which is 92.3% owned) and its wholly owned subsidiaries Nethead Ltd and Global Online Directory Ltd; and X-Stream Technologies Inc, which is wholly owned and its subsidiarie X-Stream Canada Inc and X-Stream Technologies UK Ltd.. These accounts were signed off by Sone and Rovet Chartered Accountants, 1200 Sheppard Avenue East, Suite 512, North York Ontario.M2K 2S5. Phone (416) 498-7200 Website www.oak.net/sone Hope that helps clarify matters. Regards Jon C