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Gold/Mining/Energy : MLM Millennium Network Corp -- Ignore unavailable to you. Want to Upgrade?

To: D.R.A. who wrote (468)	12/13/1999 7:59:00 AM
From: Edward Sawicki	Read Replies (1) \| Respond to of 482

From the Stockman Forum : From: Others Subject: MLM Gary, Company Name: The Millennium Network Corporation. Exchange: Canadian X Symbol: MLM Subject: MLM on the Canadian X change From: Jim Kootnekoff Hello Forum: My name is Jim Kootnekoff. I have been working with a new company over the past year called The Millennium Network Corporation. "MLM" on the Canadian X change. The company is an integrated e-commerce company with emphasis on the logistics, supply, and fulfillment of product sold on the Internet. Millennium has recently announced the offer to buy Lyco Logistics a 28-year-old private company for 3.75 million, an all cash deal. Lyco is a profitable, fully automated 40 thousand square foot warehouse that is located in Langley BC. Revenues are at approximately 2.8 million per year. with a bottom line of 387,000 running at only a 40% capacity. Negotiations are in progress to bring on some well known brand name e-tailers over the next few weeks to maximize capacity and revenues. The setup of a second facility is also in the plans for back east or state side. As you probably are aware "fulfillment" is a complicated and costly component of e-commerce, but without it you cannot grow your business. Lyco can cut the costs of distribution from a typical 15% to as low as 5% depending on the product being shipped. On high volumes and throughput that reduction equals significant savings to profit hungry e-tailers. The bottom line is that this market segment is growing and in need of help, to the best of our knowledge, Lyco is the only "third party" fulfillment warehouse in Canada. If you are not Amazon or another cashed up giant, building a facility to accommodate your online shipping and logistics is not an option. We have been working on the acquisition and financing for the past three months and we expect to close before the New Year. Please call me if you are able. There is a lot of anticipation by the investment community for Millennium to close this deal and the financing for $4 million from a well respected group out of Toronto; I don't think we will disappoint anyone. Please call me, I would like to discuss this company in detail with you. Jim Kootnekoff Investor Relations Manager The Millennium Network Corporation 310,525-28th Street S.E Calgary, Alberta T2A6W9 Toll Free: 1 (877)387-5526 Fax: 1 (604)271-7457 e-mail to: investor@wowya.com wowya.com