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To: Fred Thornell who wrote (36778)12/8/1999 3:20:00 AM
From: Ditchdigger  Read Replies (2) | Respond to of 44908
 
Fred, since you enjoy cross posting from RB
"By: rogier
Reply To: None Wednesday, 8 Dec 1999 at 2:06 AM EST
Post # of 23212


updtae financing/ucp deal, henry:
We are bringing in new IT and web design people. We are working on the re-design of the myPhotoCard site.

We need additional financing for the above purpose and others.
Unfortunately, it is unlikely that we will be able to raise the financing we need without issuing new equity.


UCP has a great group of corporate sponsors, and we have had preliminary discussions with them about doing some large-scale fund-raisers with both myMusicCard and myPhotoCard."
......................................end
(({I guess the recently registered 35 million shares wasn't slated for financing purposes.....waiting for that "special shareholders meeting" to be called,may be sooner than I estimated..)))