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To: Danimal who wrote (16225)6/29/1998 1:36:00 AM
From: Dolfan  Respond to of 50264
 
Some key point's brought out in the last Digitcom newsletter.
I appreciate they're response, and expect them to come through for us!

"I'm aware that the past month has also seen some negative rumor-mongering among the online investor community. It's my belief that doing what we're doing, and building value in the Company will be the most effective response Digitcom can make to innuendo and rumor.
Read on, and get the flavor of how we're doing."

- Jimmy Chin, CEO


The Company completed its drafting of a form 10-SB filing by the last week of May. This was a "due-date" that Roger Templeton, our Corporate Communications VP targeted in his online "chat" of May 13th in full confidence that the Company's legal review and the coding
for electronic submission would follow in a few day's time. He was wrong, and has some comments regarding the matter below. Because there is substantial interest in the process, we'll take this opportunity to bring you up to date.

"I learned a valuable lesson over these past few weeks: "Don't promise a future you don't control." Apart from the obviousness of that lesson, I've learned just how important the expectations produced by my words are to the smooth functioning of our organization and to
the good faith of our stockholders."

"In my "chat session" with interested investors on May 13th I predicted that Digitcom would be filing a form 10-SB by the first of June. In making that prediction I was making a couple of assumptions that, in hindsight, look more like a mixture of enthusiasm with a dash of hubris than a careful, professional judgment. As a result, an absolutely un-necessary injury to the trust with which those investors approach the Company may have occurred. For this, I take personal responsibility. And, I make my apology."

"While I may make another mistake again in my life, I will do my best to not make this one again."

- Roger Templeton


Good Night,
Mark



To: Danimal who wrote (16225)6/29/1998 3:37:00 AM
From: Sloth  Read Replies (1) | Respond to of 50264
 
Danimal or anyone... got a question, hopefully not too stupid.

I know that the requirement to get listed on NASDAQ begins with the company being above $4.0 for thirty days. What happens when they do this and file, and then the price dips below 4.0 again? Once the process is begun, does it continue?
TIA
Sloth