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: B A V who wrote (176)	10/28/1999 1:52:00 PM
From: Blue Voodoo	Respond to of 191

Dear B A V, If you read my last dozen posts here, you'll know as much as I do. Regarding your specific questions: Yes, Sympatico has signed on to be a superagent for Megachain. Sympatico is undergoing a merger and name change, to Telus. The Sympatico/Telus legal dept. is too busy with the merger to review news releases at this time, but IR dept. at MGCN will confirm this to anyone who calls and asks them. The other possible big news that could happen soon would be formalizing the EEC franchise with Greenchip and the product launch itself. I have no new info about either of those, beyond what I've reported in my previous posts. I'm not sure of your source of rumors or info, but I suspect that they have no more data than I've provided in my posts here, since you refer only to sympatico and not to telus. I believe MGCN has tremendous upside potential but, please do your own DD before investing. signed, Blue Voodoo

To: B A V who wrote (176)	11/23/1999 2:38:00 PM
From: Blue Voodoo	Respond to of 191

MGCN update 11/23/99 Megachain's lawyer, Oren Braitman, has been working full time, along with MGCN's accountant, to resolve the SEC issue. The SEC's last round of questions included issues regarding clarification of their business plan and Y2K compliance. MGCN's responses to this round were fired off a few days ago. MGCN of course has no control over how long the SEC will spend processing those answers, but apparently the SEC was relatively prompt in turning around its previous response. Megachain still says that they plan to launch in this quarter, which means before the end of the year. I expect one or more news releases in the next 2 to 3 weeks. I suspect (though I have no hard evidence) that they would rather not launch while MGCN still has the 'E' appended. Although the 'E' has no effect on the operation of the business, the publicity associated with the launch will greatly increase MGCN's visibility in the investment community, and I believe they'd rather not have the stigma of the 'E' interfering with that publicity. Since MGCN has fully complied with all of the SEC's requests, Megachain expects the 'E' to be removed very soon. It is my belief that the launch is being postponed until that happens. signed, Blue Voodoo