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To: Little Engine who wrote (33805)12/12/1998 1:35:00 PM
From: paulmcg0  Read Replies (1) | Respond to of 50264
 
This company has spent a good part of 1998 issuing deceptive information. For example, here's the text of a paid advertisement they ran in Investors Business Daily back in March: Message 3792099

A number of the DGIV faithful even believed that item was a real IBD article! (If you look at the bottom, you'll see it was a press release put out by DGIV's former stock promoter, Liberty Capital, a company that has been charged by the SEC for failing to disclose that they were a paid to promote stocks, as required by federal law.)

Many of the people on this thread are quite gullible, and they don't grasp the fact that people hyping a stock will say anything to convince people to buy the shares that the promoters and others obtained cheaply. They just don't understand that the DGIV press releases and the stock hyping that goes on here at SI are a form of advertising, a way of trying to lure people into buying shares.

Or, as one book I saw at a college library put it, "Advertising is a form of propaganda".



To: Little Engine who wrote (33805)12/14/1998 8:49:00 PM
From: Lazarus Long  Read Replies (1) | Respond to of 50264
 
Good Evening All!

I am still having trouble with my server and this is basically the first time that I have been able to get on-line since Saturday morning... seems like forever ago! :-) Even now, its still pretty slow going from screen to screen.

Pretty frustrating...

Anyway... Little Engine... you sure you aren't presently or weren't formerly a lawyer? I absolutely see what you are saying about that opening paragraph and that is pretty subtle wording that if read literally gives a very different meaning to the paragraph!

I can only say that I am glad for some of the third party verification that has already been done regarding this financing. We have verified that the financing is indeed available, that Digitcom is actively pursuing it and that Lietzmann and partner have been leading the charge for DGIV to obtain that same financing.

Now the question that comes to mind, based on the interpretation that you provided, is not if the money is available, but how much might be available to Digitcom... all or part of the $25M? I'm not sure... we will have to go back and check.

It makes sense to me too that this network is being built in the region. I know that the company that I work for is engaged in building a very large manufacturing facility in the eastern region of Germany. We are building the plant there because of the incentives and concessions that the German government gave in order to bring the manufacturing base into the region. If they are willing to spend big bucks to lure manufacturing capacity, then it makes sense that they are also willing to spend to build infrastructure.

I agree with you about the building the network part of the PR... in fact, I've pretty much interpreted that it wouldn't be built (necessarily) unless the financing was obtained. Though, it would seem to me that if the financing was obtained, they would certainly have an edge in competing for business in the area - if it isn't already a part of the entire deal that would include the financing. Its hard for me to see how the government would let loose of the money without some guarantee that they would receive some benefit from that investment. Of course, that benefit could take on many guises.

Lazarus