To: Gary Jacobs who wrote (16207 ) 6/28/1998 11:47:00 PM From: Dolfan Read Replies (1) | Respond to of 50264
FBN, It's a joke. Does not exist. In my opinion this should not be allowed on SI. Anyway, check out this older PR referring to the 504 shares that A10 was mentioning. Seems to me Company has been straight forward. Digitcom 504 Placement Paves Way For Overseas Expansion SANTA MONICA, CA, November 14, 1997 - Digitcom Corporation (DGIV-OTC)retained Alexander, Wescott & Co., Inc. to handle a two-phase Regulation 504 placement of stock. Alexander, Wescott & Co., Inc. is a SEC and NASD broker/dealer with headquarters in Utica, New York and serves institutional and corporate clients from their offices at 63 Wall Street, New York, Mineola, Long Island, and North Palm Beach, Florida. Alexander, Wescott committed to place $500,000 in the first phase yet was able to place $650,000 in the first traunch. "The characteristics of the Company made it very easy to place with our institutional clients," said Jim Mullen of the brokerage. "[Alexander, Wescott Chairman] Richard Bach structured and closed the placement. It only took three days from start to completion, which is unusually fast," Mullen said. Proceeds from Digitcom's 504 placement will be used by the Company to support expansion of operations in the Middle East and the former Soviet Union. Digitcom has also retained Liberty Capital Group, Inc. of Bellingham, Washington, to handle financial relations and investor relations for the Company. Liberty Capital is a financial relations firm that specializes in telecommunications, high technology and health care public companies. Digitcom's "IntraVoice CO" is a complete telecommunications "gateway" system that bridges the public-switched telephone network with the Internet. The hardware and software of the IntraVoice CO is the platform for the Company's Internet voice and data communications network, and serves as the interface for call administration and billing operations. Regards, Mark