To: Blue Voodoo who wrote (183 ) 12/1/1999 3:38:00 PM From: herry iball Read Replies (2) | Respond to of 191
Eeeks....we're off to the pinks. MegaChain.com Securities Will Commence Trading On "Pink Sheets" on December 2, 1999 Wednesday December 1 10:02am Source: BusinessWire VANCOUVER--(BUSINESS WIRE)--Dec. 1, 1999--Tom Lavin, President of MegaChain.com Ltd., announced today that the Company has been advised, by virtue of the fact that it is no longer a reporting issuer with the Securities and Exchange Commission ("SEC"), its shares will no longer be eligible for OTC Bulletin Board service, effective on the close of business, December 1, 1999. The Company has undertaken all required steps to become a fully reporting issuer and has registration currently pending with the SEC. An Exemption Request Form has been filed with the OTC Compliance Unit, under rule 15c2-11, which permits Broker/Dealers to continue to provide quotes for the stock while the Company responses to the SEC comments are being reviewed. The Company's securities will commence trading on the "Pink Sheets" effective December 2, 1999. The Company anticipates that it will re-commence trading on the OTC Bulletin Board once it has a cleared registration statement with the SEC. The Company has filed a registration statement and is at present, engaged in responding to SEC comments. The Company hopes to clear registration in a timely manner. MegaChain.com has created an Internet based Ecommerce software that combines `opt-in' referral email with a multi-tiered structure that allows anyone with an email account the opportunity to earn 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. 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. 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.