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Microcap & Penny Stocks : DIGITCOM (DGIV-OTC-bb)Information Thread -- Ignore unavailable to you. Want to Upgrade?

To: paulmcg0 who wrote (384)	12/30/1998 10:06:00 AM
From: E'Lane	Read Replies (1) \| Respond to of 530

Paul, <<I didn't see an answer to the question I raised on the other thread... Did you ask Jimmy Chin why DGIV keeps using penny stock promoters to hype the stock?>> Did you even read Laz' post?? In it he says... <<I have been busily writing things down and trying to reconstruct the conversations we had. They tended to ramble and did not lend themselves to good note taking. But, I think I have got it down to a few general topics. I may come up with more than these as time goes on and some memories are rekindled... General and general impressions Egyptian "Contract" PR Firms Louis International Germany Financing The Telcom Environment and DGIV's strategy / place >> Now...in simple layman's terms...Laz went, and he took quite a lot of notes. Because Laz is a very thorough person, he has broken those notes and comments down into 7 areas of interest. He & his children are visiting with his mother for the holidays, so his time on the computer is limited, thus making it hard for him to have given a complete report in one posting. He will be making separate posts on each of the above topics. #3 being your "ever so important" question about the penny promoters....more tactfully listed as "PR Firms". I am grateful for Laz taking the time out of his Christmas visit with mom to go to the Digitcom office and I will be patient for his follow up reports. He calmed some of the curiosity be stating right up front that : <<First, let me say that there was nothing earth shattering revealed, positive or negative. There was nothing of a time sensitive nature, so I am going to take my time and try and be as complete as I can.>> So, sit back and be patient. Think up another question. I already got the "verbal" rundown on his visit (being family and all) and I am satisfied with the answers, especially the ones concerning the PR Firm. Now, go play until Laz decides to post "the rest of the story"! E'Lane

To: paulmcg0 who wrote (384)	1/1/1999 8:41:00 PM
From: Lazarus Long	Read Replies (1) \| Respond to of 530

DGIV visit - 12/28 Happy New Year {{{DGIV-A-HOLICS!!!}}} OK... On to the question that Paul McGinnis wanted me to ask Mr. Chin... though I didn't word it quite the same way. :-) The services of Liberty Capital were retained by Digitcom very early in their existence. Obviously, services of such companies are designed to help promote and sometimes place shares of stock of the customer company. This was certainly the intent in this case. My own note here: remember that DGIV was just a fledgling company public company at the time Liberty Capital was brought on board. From the 10-SB they filed, they had very few liquid assets - besides their stock. This is typical, I would guess, of virtually any start-up company. That they would need someone to “sell” (vs. “hype”) their stock via private placements, calls to brokerages and advertisements is not beyond reason. After all, when the dust cleared from DGIV's start-up process, they still had 10M shares which they could use to raise capital and obtain services. As could be expected, the relationship with Liberty Capital went south well before that it became public knowledge. During that time, the services of World Vision were obtained and the relationship with Liberty Capital was allowed to wither. Because the vast majority of shares authorized to be distributed have already been placed, the current relationship with World Vision is not as close as it might otherwise be. However, they continue to be used by Digitcom because their services were paid for up front. Furthermore, as Mr. Chin stated, “why burn your bridges?” Keeping the relationship going hurts nothing... So Paul: Did you ask Jimmy Chin why DGIV keeps using penny stock promoters to hype the stock?” The answer is no... not in so many words. I removed the emotional words from your question and asked him something similar. The answer is reasonable and relevant to the situation that Digitcom was in during its first 2 years of operation. Lazarus