>DigiGold Ltd. maintains that the contract between DigiGold Ltd. and
>Systemics has not been terminated; therefore, this is obviously a matter of
>dispute.
>
I think you'd probably have to like, pay, Systemics to not-terminate
your contract!
>Each DigiGold XXG is presently entirely backed by its corresponding e-metal:
>
>http://www.e-gold.com/pub-bal.asp?pubid=105310
>http://www.e-gold.com/pub-bal.asp?pubid=104982
>http://www.digigold.net/balancesheet.html
>
>so DigiGold XXG definitely is not, nor will it become, worthless, although
>its utility appears likely to temporarily diminish.
>
>OmniPay offers exchange between DigiGold and e-gold; however, since it will
>likely not be possible to Spend DigiGold as of May 25, 2001, 11:00 a.m. AST
>until this dispute has been resolved, I urge anybody with a DigiGold balance
>to promptly exchange for e-gold as soon as possible:
>
>http://www.omnipay.net
>
>Please follow-up with e-mail to [EMAIL PROTECTED], and we will
>expedite fulfillment of your exchange.
>
>OmniPay will continue to support exchange between DigiGold and e-gold even
>if Systemics proceeds with this action, but it will be considerably more
>inconvenient for both parties to the exchange than presently; therefore,
>again, please place your DigiGold exchange orders today at:
>
>http://www.omnipay.net
>
>Regards,
>
>Reid Jackson
>Managing Director
>Gold & Silver Reserve, Inc.
>
>
>> -----Original Message-----
>> From: [EMAIL PROTECTED]
>> [mailto:[EMAIL PROTECTED]]On Behalf Of SnowDog
>> Sent: Wednesday, May 23, 2001 11:53 PM
>> To: e-gold Discussion
>> Subject: [e-gold-list] DigiGold
>>
>>
>> I've got a question:
>>
>> Ian Grigg made an announcement on the Webfunds list that
>> Systemics will no
>> longer be supporting DigiGold, as of May 25:
>>
>> ----------------------------------
>>
>> "Dear WebFunds Users,
>>
>> "I regret to announce that Systemics Inc will not be supporting
>> DigiGold Ltd from 25th May, 2001, 11:00 a.m. AST due to
>> termination of the contract between the two parties.
>>
>> "Unfortunately, we cannot afford to continue to cover the costs
>> for services consumed by DigiGold Ltd.
>>
>> "In operational terms this would mean that the Issuance Server
>> operated by Systemics Inc will cease to accept payment requests
>> for the Ricardian Contracts issued by DigiGold Ltd on the above
>> date & time. These are, in brief, the 4 metals.
>>
>> "Also, the books that were trading on the Exchange will be
>> "closed," and any orders returned in their current state to
>> the user.
>> ---------------------------------
>>
>> Q: Want does this mean? Will all of our DigiGold money become
>> worthless on
>> May 25th, or is this announcement insignificant to the functioning of
>> DigiGold?
>>
>> Craig
>>
>>
>>
>> ---
>> You are currently subscribed to e-gold-list as: [EMAIL PROTECTED]
>> To unsubscribe send a blank email to
>> [EMAIL PROTECTED]
>>
>
>---
>You are currently subscribed to e-gold-list as: [EMAIL PROTECTED]
>To unsubscribe send a blank email to [EMAIL PROTECTED]
-----------------------------------------------------------
"Great ventures create great mottos."
---
You are currently subscribed to e-gold-list as: archive@jab.org
To unsubscribe send a blank email to [EMAIL PROTECTED]
