Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Montello Resources -- Ignore unavailable to you. Want to Upgrade?

To: Steve Johnston who wrote (3996)	1/26/2000 5:18:00 PM
From: JP	Read Replies (1) \| Respond to of 4256

<< Canadian investment.ca Online Inc., of which Montello holds a 70-per-cent interest, has through a wholly owned subsidiary, acquired the rights, title, and interest in and to the domain name rrsp.ca. (Canadian investment.ca Online Inc. holds the rights, title and interest in and to the domain name: investment.ca.)>> As you can see from the above - Montello is not doing this. Canadian investment.ca Online Inc. is doing it. MEO simply is the majority shareholder and the benefactor of the eventual revenues. If you go back a bit you will see that this investment has cost the company virtually nothing but has huge upside. All the running of the venture is being done by Canadian investment.ca Online Inc. and funded by the IPO that is coming up for Canadian Investment.ca Inc. (which is already fully subscribed from what I have found out). So how is this -in any way bad for MEO? JP