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To: MARK BARGER who wrote (23157)8/24/1998 4:22:00 PM
From: Secret_Agent_Man  Respond to of 50264
 
hi



To: MARK BARGER who wrote (23157)8/24/1998 4:40:00 PM
From: RocketMan  Respond to of 50264
 
Thanks for the info on the financials, that remains the most important thing we need.

As far as CNBC, I just called the NMSS CEO's office, and was told that their CEO had not been on CNBC, so either it was someone else or someone heard it wrong.

Today I got the following address and phone number for Digitcom;s Australian office:

DIGITCOM AUSTRALIA PTY LTD
53 WALKER ST NORTH SYDNEY 2060 .................... (02) 9460-3088

Michael Hoskins is the guy in charge, if anyone wants to call.




To: MARK BARGER who wrote (23157)8/24/1998 4:47:00 PM
From: RocketMan  Read Replies (1) | Respond to of 50264
 
<<Also who says there are 100 mil. shares authorized. Roger states that there are only around 20 mil. shares outstanding and it would take shareholder approval to authorize 1 additional share and all shareholders would be notorized.>>

There are around 20M outstanding, that is true, I think it might be a bit less, 19M and change. I wonder if the confusion is between authorized and outstanding. Outstanding shares are all of those that have been issued, either in the float or restricted. Authorized are all that can ever be issued, period, but Roger is right that the stockholders would be notified if any above the 20M outstanding would be issued. This could happen, for example, through a stock split.

My understanding is that the 100M figure came from the transfer agent. There might have been some confusion in your talk with Roger about outstanding vs authorized, is my guess. But we need to get a firm figure and put this question to bed once and for all.