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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?


To: Mr.D who wrote (6161)5/14/1998 3:23:00 PM
From: Happyman  Read Replies (4) | Respond to of 50264
 
Please answer this question, PLEASE READ....

I asked Roger a question yesterday regarding to Dharma group's 60 Mil,
He said DGIV has not used the money yet. Now I have a very interesting question to ask you guys. where was the money from for acquiring Erakomindo Puranusa. If each line cost $200(just random pick), the acquisition could be at least 35000 x 200 = 7 millions. So, does it mean that DGIV is having other money sources? Seems Yes? please answer if anyone has a clue? thanks.

From News:
"
Erakomindo Puranusa owns telephone central office switching facilities and networks of 35,000 lines and 25,000 lines in
the capital city. The facility is managed by, and carries traffic for PT. Telekomunikasi Indonesia (Telkom), Indonesia's
largest domestic telecommunications company. Contracts with Telkom guarantee a baseline of revenue for ten years,
with the possibility of increased traffic revenue in the contract periods. "