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

To: Moonglow who wrote (30034)	10/24/1998 11:57:00 AM
From: Secret_Agent_Man	Respond to of 50264

{{{{{Hi all}}}}}, Juanita, that is what I have been trying to say for so long... it's not like here over there...and over there being Germany, Russia, Egypt on and on..... we'll just sit right here and wait for the rest of the world to figure it out... }};-D Byron

To: Moonglow who wrote (30034)	10/24/1998 12:49:00 PM
From: Little Engine	Read Replies (3) \| Respond to of 50264

Juanita, I believe you are commenting on the following: <<<<<Digitcom Gets Initial German OK for Internet Telephone Network. SANTA MONICA, CA, June 8, 1998 - Digitcom Corporation (OTC: DGIV) announced preliminary approval by Germany's Brandenburg government of an initial $25 Million (U.S.) package of financing to establish an Internet Protocol telephony network in that country to be headquartered in Potsdam. The announcement was made upon confirmation from the company's consulting firm Lietzmann & Partner of Potsdam, Germany, which represents Digitcom in its dealings with the Federal and various State governments of Germany. Lietzmann and Partner is one of a very few consulting firms authorized by the Berlin and Brandenburg governments to help identify and arrange financing for new businesses that serve Germany's economic development objectives for the new federal States that came with unification. "This first Voice over IP central office facility will achieve the government's policy aims of creating employment in a cutting-edge industry in Potsdam, and potentially in many areas of Germany," said Siegfried Lietzmann, Managing Director of Lietzmann & Partner. The funding being made available will be in the form of grants by the government for fixed asset investment, and as low interest loans, according to Lietzmann. "We're optimistic about this opportunity to build an IP telephony network in Germany," said Jimmy Chin, Digitcom CEO. "Potsdam's close proximity to Berlin makes it an ideal starting point for serving Germany with this groundbreaking communications technology.">>>>> The Germany PR said nothing about an MOU. It didn't even say anything about the planned network getting anything but "preliminary" approval by the "Brandenburg government".... Helmut Kohl? Too bad he's no longer in office. It also hinted that since the government might be handing out money at some point, that DGIV might get some. It says the consulting firm is "authorized to arrange financing", but did not say it had secured any of it. Additionally, it says the money would go to "fixed asset investment"... which to me means things like buying cables, computers, etc. for the network. Does DGIV make any of those?