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Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?

To: Stuart Carmichael who wrote (834)	8/25/1999 10:40:00 PM
From: keith massey	Read Replies (2) \| Respond to of 5053

When will Medsite.com go public? You bet they are going public. The IPO will take place this fall according to both Medsite.com's president (Sundeep Bhan) and JDX. The S1's that must been done before the IPO and sent to SEC should be out any time now. I will post them as soon as they are out. I wish they had more invested than 2 million After doing a lot of research into Medsite.com I would have liked them to invest $10 million. However that is the biggest chunk of Medsite.com they could get. I am actually impressed they were able to get even this big of a chunk since these types of deals are like gold. I guess Mr. Staudt has a little pull in the industry. Although the $1.5 million Can. may not sound like a huge investment, don't forget that JDX is in pre-IPO at ridiculously low prices. If Medsite.com takes off to $50 plus, it would be equivalent to JDX winning the lottery. I will not even make a prediction of where the share price would go if Medsite.com traded over $50 on its first day. Add to this the $20 million in cash (actually in bonds right now) and all the insider holdings and it is very hard to believe they are at $.70. However I am not complaining about getting more cheap shares and continue to be patient with the company. It is more than likely that the price is being held down artifically until the deal is done. Best Regards KEITH