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To: callme who wrote (14106)	6/3/1999 10:15:00 PM
From: onza	Respond to of 15987

PAYP Next Telecom. Mover. Pay Pop, Inc. announced that its $6 million financing agreement with its New York based investment-banking syndicate has been finalized. Mr. Daryl Desjardins, President and CEO stated "the agreement calls for funding $4 million US dollars on a "Firm Basis" and the balance on a "Best Efforts" basis". He further went on to state that, "the funds would allow PAYP to expand its existing telecommunications base on a global basis with very little dilution to its shareholders." The company intends to seek approval for a name change, from Pay Pop Inc. to Delecom Communications Corp. Pay Pop Inc. owns 100% of Delecom Communications which is a telecommunications company positioned to take advantage of the current communications evolution that is taking place in North America and the world. This includes Internet Protocol (IP) based technologies which allow IP Telephony Service Providers (ITSP) to build faster, less expensive integrated systems that replace the legacy telephone networks.