To: Richard Mazzarella who wrote (3481 ) 1/9/2000 11:23:00 PM From: SSP Read Replies (1) | Respond to of 3594
CHIP what's up so far, LS CAPITAL CORPORATION Rivercourt 17-19 Sir John Rogersons Quay Dublin 2 Ireland (3531) 679-0222 Paul J. Montle President, Chief Executive Officer and Chief Financial Officer The number of shares of common stock, $0.01 par value, outstanding as of September 30, 1999: 28,358,000 shares Paul registered EURBID.COM networksolutions.com Administrative Contact: Montle, Paul (PM10191) brenbell@GS.VERIO.NET (3531) 6790222 (FAX) (3531) 6790819 From the 10KSB: " In the future, the Company intends to explore opportunities to develop or acquire one or more businesses in other industries. The Company expects to focus specifically on Internet-related businesses." LS Capital Corporation Acquires Mineral Lease Holding in Taseko Lake biz.yahoo.com From the May 1999 10qsb: biz.yahoo.com "In the future, the Company intends to explore opportunities to develop or acquire businesses which may be related to the Internet, specifically focusing on the European sector. To facilitate this effort the Company relocated its corporate offices to Dublin, Ireland in September, 1998. Dublin was selected due to its participation in the Euro currency markets as well as the presence of numerous U.S. computer-related businesses and also the availability of a well-educated workforce fluent in English and numerous foreign languages. The Company believes that there will be attractive Internet-related opportunities in Europe as access to personal computers by individuals in that market is projected to increase to the 40% level currently prevalent in the U.S. by 2003 versus an estimated 14% access at present in Europe." Montle has a proven record in the Internet business, CHIP has already had a spin off with JVWB - jvweb.com "In January, 1998, JVWeb, Inc. ("JVWeb"), a company formed to pursue electronic commerce opportunities, filed a registration statement with the Securities and Exchange Commission regarding the spin-off of JVWeb to the Company's shareholders. The final approval of its registration statement was received on May 12, 1998 and JVWeb expected to begin trading on the OTC Electronic Bulletin Board shortly thereafter. The Company expects to distribute to its stockholders approximately 280,000 shares and 1,120,000 Class A warrants and retained ownership of 220,000 shares and 380,000 warrants." SSP