DGIV Stock History...
Brought to you by your friendly DGIV dd group, Benji. (courtesy of
tsunamiDK)
Current Situation:
From:
Transfer Agent: United Stock Transfer,Inc.
13275 East Fremont Plaza
Suite 302
Englewood, CO 80112
Phone: 303-792-3650
Contact: Mr. John Hewitt
Information obtained from above:(10/15/98)
Restricted Shares # 11,643,541
Float Shares # 7,440,006
Outstanding Shares# 19,083,547
Authorized Shares # 20,000,000
Discussion: When first contacted, Mr. Hewitt's computer screen read
100,000,000 as the number of authorized shares! Consequently Mr.
Hewitt had contact with DGIV and the number was corrected. As an
explanation Mr. Hewitt believes that the error in the number was
because of a computer change that United Stock Transfer made in their
office.
Important Dates:(Source 10SB and Press Releases)
April 2, 1996: 9,000,000 shares authorized to Digitcom
Interactive Multimedia(DIM) - sometimes does business
under the trade name Resound Communications Corporation. DIM is a
50/50 ownership between Mr. Chin
and his mother.
April 24,1996: 490,000 shares authorized for private
placement at $2.00 per share with 192,500 shares sold by 8/12/96.
June 4, 1996: 510,000 shares issued to Ouzel Corporation in a merger
deal.
August 12,1996: Filing of 10SB with 373 shareholders of
record and 9,707,500 shares issued and outstanding on
7/29/96.
September 30,1997: Digitcom cleared to trade as an OTC
BB stock under symbol DGIV.
November 14,1997: 504 Placement of $650,000 of stock
was handled by Alexander, Wescott & Co of Utica NY
with offices at 63 Wall Street,21st Flr, NY,NY 10005,
Phone:(800)713-3768 and (212)742-9870 as well as
Mineola, Long Island and North Palm Beach, Fla. This
only took three days to do and there was a second phase
placement scheduled, but never completed.
(According to Cheryl Mitchell (DGIV) this company shorted DGIV and Mr.
Chin withdrew his agreement and there never was a second phase
placement done. She also quoted to me that $6,500,000 was placed vs
the 650,000 quoted in the press release. This number needs to be
verified, as well as the reason for the second phase placement not
being done.)
January 30,1998: Digitcom announces a 1,500,000 share
buy back with 50,000 already bought back.
February 5, 1998: Total shares outstanding given as
15,600,000 in a press release.
February 28,1998: Audited Financials list only
11,727,600 shares issued and outstandng.
Current(10/98) number of shareholders which includes
brokerages but does break out the individual share
holders:409
There are a number of statements in this post with only company
sources being cited. We will continue to attempt to find independent
sources and / or documents (other than PR's) for verification. |
