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 : MEGACHAIN.COM LTD (OTC-BB: MGCN) -- Ignore unavailable to you. Want to Upgrade?

To: herry iball who wrote (162)	9/21/1999 12:34:00 PM
From: Bubba1008	Read Replies (3) \| Respond to of 191

VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 21, 1999--Tom Lavin, President and CEO of MegaChain.com Ltd., announced today that the Company will add Proflowers.com to its growing list of Internet vendors. Proflowers.com will use MegaChain.com's referral email marketing service to promote their on-line sales of flowers and bouquets. Thomas Johnson, V.P. Sales & Marketing for MegaChain.com stated, "We are very pleased to have Proflowers.com as a MegaChain vendor partner," "They have a strong Internet presence, an excellent reputation and provide a desirable service. Proflowers.com specializes in prompt worldwide delivery of flowers at substantial savings over traditional florists. Proflowers.com will offer our MegaChain SmartShoppers exclusive bouquet arrangements at substantial savings while providing our MegaChain Agents with the opportunity to earn multi-tiered commissions." Barbara Bry, Vice President of Business Development for Proflowers.com, was excited by the possibilities of reaching hundreds of thousands of new potential customers. She added, "MegaChain.com's unique marketing strategy ensures that our message will be seen by significantly more customers than banner ads can provide, and we loved the fact that we pay only for successful transactions." Proflowers.com can be viewed at www.proflowers.com. MegaChain.com is currently in the process of entering into strategic alliances with both Vendors and Agents in anticipation of launching its first series of marketing campaigns. MegaChain.com has created an Internet based Ecommerce software that combines 'opt-in' referral email with a multi-tiered structure that affords anyone with an email account the opportunity of earning commissions by forwarding advertising incentives to friends, relatives and business associates. MegaChain.com conducts its business internationally via the Internet at www.megachain.com. The Company's corporate offices are located at 34 West 8th Avenue, Vancouver, British Columbia, Canada V5Y 1M7, telephone 604 873-3847, fax 604 873-4295. MegaChain.com is traded on the OTC Electronic Bulletin Board under the symbol "MGCN". For further information contact Tom Lavin at 604 873-3847, email; info@megachain.com. Cautionary Statement Under 'Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995: Statements made in this fact sheet contain information about the Company's future business prospects. These statements may be considered "forward looking" and are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by such forward looking statements.

To: herry iball who wrote (162)	9/27/1999 5:42:00 PM
From: Blue Voodoo	Read Replies (2) \| Respond to of 191

MGCN - explanation of todays 40% jump in price on huge volume: A few hundred thousand shares of MGCN were bought last Thursday and Friday. Megachain was then extensively hyped on the Raging Bull and by email over the weekend by many first time RB accounts. The hype was easy, consisting in part of simply quoting and paraphrasing the accurate information that has been posted on this thread. By 10 AM this morning, MGCN was up over 55%, and the dump & short cycle of the pump and dump began, with many other, also never before seen RB accounts badmouthing the accused pumpers, and spreading misinformation about MegaChain. The dump part was not very successful. The shorters were unable to get the price below 1 3/32 all day, and it closed up 40% at 1 3/16. The failure of the shorters to drive the stock back down is due to the fact that MGCN is a genuinely excellent prospect at these prices. Expect the frustrated shorters to continue slamming the stock for awhile. Also expect new investors to discover MGCN as a result of its now stellar short term price & volume chart. Tom Lavin and the other principals at Megachain are very disappointed that this pump and dump attempt occurred. They firmly believe, and have stated repeatedly, that the stock price will, and should, follow the business. They are convinced that the Megachain system will be successful and profitable, leading to a stock price that is many times higher than the current price. Short term pump and dumps do not contribute toward that goal. Even if they wanted to, CEO Lavin and others can't even begin to sell their shares or redeem the first of their options and warrants until next year. This was done to focus everyone at Megachain on the long run goal of building a successful business, and to demonstrate this fact to investors, vendors, customers, agents, and clients. Temporary runups in share prices are useless to these insiders. The firm is financially structured so that they can only profit from sustained, long term rises in share prices. Hype jobs may harm the company's image. MegaChain is especially disappointed about the spam emails that were sent to tout the company, since they violate the whole MegaChain concept of permission based, non-spam email advertising. It is likely, though unconfirmed, that MegaChain will now DELAY their big news release by at least a few days and possibly longer, to avoid even the perception that they are in league with pumpers. The advice for investors today is the same as it was 9 months ago at 50 cents per share, 6 months ago at $1.50 per share, and last week at 75 cents per share - Buy and hold. Over the next 6 months, MGCN should be worth far more. signed, Blue Voodoo