This announcement appears as a matter of public record only
Announces the purchase of the ALTA and LESE financial products from
MUNI-Corp
(The Laissez Faire City Municipal Corporation)
and the issuance of
200,000 Financial Advantage Warrants
Digital Monetary Trust announces the purchase of ALTA and LESE, two specialized web-based financial products, from MUNI-Corp (the Laissez Faire City Municipal Corporation) for the sum of $200,000. In addition, MUNI-Corp has been issued 200,000 financial advantage warrants to purchase two percent of the Digital Monetary Trust share capitalization under the following terms.
Each warrant may be exercised to purchase a single share of Digital Monetary Trust stock for US$5 (five U.S. dollars) any time in the calendar year 2004. Each warrant expires on December 30, 2004. Additional warrants will be issued to MUNI-Corp, if necessary, to adjust for stock splits or any other future dilution of the Digital Monetary Trust share capitalization that takes place prior to January 1, 2004.
ALTA and LESE were developed by the Digital Monetary Trust and were partially financed by the Laissez Faire City International Trust. Digital Monetary Trust is a Laissez Faire City fostered corporation specializing in anonymous banking transaction systems.
