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

To: RocketMan who wrote (17656)	7/10/1998 8:31:00 AM
From: risk-averse	Read Replies (3) \| Respond to of 50264

Update from Germany: Spoke to Mr. Lietzmann this morning to get an update on how things have progressed. (paraphrased discussion) 1. The office in Potsdam is established and open for business - that is right, its OPEN, and I believe it is called "Digitcom Lite", it has 10 employees with room to expand and the goal to expand to 50 real soon. 2. They are in the telecomm business, MORE than just VoIP, but he said he wanted to wait to give me the details on this 3. They will also provide net connection to the existing community, and their marketing analysis suggests that they will have the lowest price to do this - he said that their competitors (about 2 in the area) were scared! 4. Several big investors have approached the company and he said they have a meeting next week to discuss who else they want to do business with. He said interest is very high. 5. The government has given them a letter stating that they will give the company approx 12.5 DM, or about 7 million US dollars, and that the money will come in approx 4 weeks. 6. Mr. Lietzmann remains very optimistic about profitability in 6 months That is all he could give me, and he said I could call in a few weeks again to get another update. I hope this helps, and I will put this on the info thread as well. BUt to keep it on this thread I need to mention BUNNY SLIPPERS as per Mr. D.