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Technology Stocks : Delecom communications Ltd -Voip telephony -- Ignore unavailable to you. Want to Upgrade?


To: bottomfish who wrote (13)12/24/1999 7:40:00 PM
From: Jim Bishop  Respond to of 18
 
Pay Pop Announces Name Change


FRIDAY, JULY 23, 1999 11:15 AM
- BusinessWire

ALDERGROVE, British Columbia, Jul 23, 1999 (BUSINESS WIRE via COMTEX) -- Daryl
Desjardins, president of Pay Pop, Inc. (OTC BB:PAYP), announced today that the
shareholders and board of directors approved a corporate name change from Pay Pop, Inc.,
to Delecom Communications Ltd.

Toward this end the company is amending its articles of incorporation in Nevada to
accomplish this name change, and new share certificates will be issued with the new
company name and cusip number. A new trading symbol will also be obtained. In addition,
Desjardins said there are in excess of 25,000,000 shares of pre-reversed common shares
which have yet to be surrendered to the transfer agent. He advises shareholders holding
pre-reversed shares to send them to CIBC Mellon Global Securities Services Company to the
attention of, Alnoor Jiwan at, 1177 West Hastings, Mall Level, Vancouver, BC Canada
V6E2K3.

In addition to historical facts or statement of current conditions, this press release may
contain forward-looking statements. The company's performance and financial results could
differ materially from those reflected in the forward-looking statements due to general
financial economic regulatory and political conditions or additional factors unknown to the
company at this time.Therefore, current or prospective investors are cautioned not to place
undue reliance on any such forward-looking statements. Furthermore, the company has no
intent and disclaims any obligation to update any such factors or forward-looking statements
to reflect the future.

Copyright (C) 1999 Business Wire. All rights reserved.
-0-
CONTACT: Pay Pop, Inc.
Daryl Desjardins, 604/607-7500
or
Howard Bronson Associates, Inc.
Howard Bronson, 212/867-6160

WEB PAGE: businesswire.com

GEOGRAPHY: INTERNATIONAL CANADA

INDUSTRY CODE: TELECOMMUNICATIONS
COMED



To: bottomfish who wrote (13)12/24/1999 7:40:00 PM
From: Jim Bishop  Respond to of 18
 
Pay Pop Sells Real Estate Holdings


TUESDAY, JUNE 29, 1999 11:08 AM
- BusinessWire

ALDERGROVE, British Columbia, Jun 29, 1999 (BUSINESS WIRE via COMTEX) -- Pay
Pop, Inc. (BBS:PAYP) also known as DELECOM COMMUNICATIONS LTD. announced
today that it has entered into a Letter of Intent to sell its Dominican Real Estate
condominium project to CONSTRUCTION PRODUCTS INTERNATIONAL, INC. (BBS:CIXP).
CIXP is an International Project Development Corporation whose focus includes the
manufacture and sale of specialty construction technologies.

The Dominican project was acquired by PAYP approximately twelve months ago. It includes
24 completed condominium units together with plans, permits, and licenses necessary to
complete an additional 96 units. The agreement calls for a total sale price of $4.4 million in
cash and convertible debentures. $900,000 will be paid in cash and the balance will be paid
in CIXP convertible debentures, at market at time of conversion. This sale will allow PAYP to
become a "pure play" as a fully integrated telecommunications company. Finalization of the
agreement is expected within ten days.

PAYP recently announced the hiring of three new professional service entities to assist with
its transition from the Electronic Bulletin Board to NASDAQ Small Cap. This will speed up
the necessary audit and legal documentation required to meet the entry onto NASDAQ
Small Cap. It is felt that the sale of the Dominican Condominiums Project has greatly
expedited the process.

On May 27, 1999 PAYP received unanimous approval to change its name from PAY POP,
INC. to DELECOM COMMUNICATIONS LTD. to better reflect its core business. A new
trading symbol and CUSIP Number are currently being researched. An announcement is
expected shortly.

PAYP provides traditional services such as business telephone lines (Centrex Services) and
long distance reselling and leverages this platform to provide new revenue generating
services, which include Voice Over Internet Protocol (VOIP) and FAX Over Internet Protocol
(FOIP). PAYP under new regulations and technologies will provide in the future a seamless
convergence of voice, data and video on the same network to its customers.

This news release includes "forward-looking statements" that involve risks and uncertainties.
The forward-looking statements in this release are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ
materially due to a variety of factors, including without limitation the company's ability to
produce and market products and/or services and other risks detailed from time to time in
the company's reports filed with the Securities and Exchange Commission.

Copyright (C) 1999 Business Wire. All rights reserved.
-0-
CONTACT: Howard Bronson & Co., New York
212/867-6160

WEB PAGE: businesswire.com

GEOGRAPHY: INTERNATIONAL CANADA

INDUSTRY CODE: TELECOMMUNICATIONS



To: bottomfish who wrote (13)12/24/1999 7:41:00 PM
From: scouser  Read Replies (1) | Respond to of 18
 
Barton, I have been unable to get answers to most of your questions, one thing I do know is they must be making $ just on the centrex re-sales. They order in bulk from the Telco and resell to anyone giving them prices lower that what they would get going direct to the telco. I know they were supposed to use those lines as access to a VOIP network but i have yet to verify where they are up to. By the action on the stock I would say something is up, maybe in the new year.