MultiCorp International Inc (MCIC)

[Smilin_B]

Question & Answers from SMMW management to shareholders:

Question:
Since October 2004, we have seen this o/s grow from 5-10b UP to over 74b, WHEN does the dilution STOP and the buying back start, and of course when does it get announced for all to read? Is the dilution period over now, that you have an IR Firm?

Answer:
We acquired the company in Sept. 2004 when the O/S was approximately 35 Billion. The increase in the O/S has facilitated mergers and acquisitions of the Company to date, and management has reduced the authorized by 20% to 80 Billion.

Question:
It was mentioned about financing of $5.5m, can you give us more details on this amount? Does the company have the money yet? Or is it pending something? Who is the financing from? Which banking institute? Please update us on this and the financial advisor that you have selected to assist Summus with this funding issue?

Answer:
Approximately $2 million has been secured thus far, with, but not limited to, Wachovia,
GMAC Financial, and Chestnut Financial.

Question:

What stage of your Five Business Plan are we currently in? Can you please outline this plan?

Answer:
Having completed many principal acquisitions, the Company is entering stage two of its VVV plan for growth, focusing on the horizontal integration of its assets and partnering companies.

Question:
Why was this shell a good shell for you to merge into?

Answer:
The shell was selected after thorough due diligence and professional, forthright disclosure resulting in a clean shell and transaction.

Question:
How many other stations will be announced here with Summus?

Answer:
The Company is in immediate negotiations for local origination broadcast affiliates in six additional markets, not including satellite locations. This is the beginning, and the potential for the Company holds a great deal more.

Question:
What area of growth will Summus go into next? We know that Real Estate has happened here in the past month or so, and that is great, but what are some other Target Areas for future LOI’s?

Answer:
The Company intends to diversify and management will flexibly consider any and all opportunities that have tremendous room for growth, especially given the synergistic relationships and benefits presented by its existing network of subsidiaries.

Question:
Are there still plans of acquiring a Larger Company in June? If so, what are the details of this Acquisition? It has been rumored that the PPS must rise for that too take place, and right now, we are at the same PPS that we have been at since you and current mgmt took over this company??

Answer:
The opportunity for the acquisition still exists, however the Company is subject to Non-Disclosure at this time, though a higher PPS is necessary to facilitate the transaction.

Question:
Where do we stand on the LOI with the SkierShop? I know that back in May 2005, you settled the Real Estate part of that deal…and then the LOI just disappeared?? What is an update on this LOI?

Answer:
The Company is still has the LOI and remains under contract with Skiershop, and , but at this time a higher PPS is necessary to effect the acquisition.

Question:
Back in spring 2005, it was announced that you (Prime Rate) was in discussions with Time Warner, in Hunter, NY, please give us an update on this LOI?

Answer:
The Company is still in negotiations with Time Warner for the Hunter/Wyndham area. The Company’s market analysis has shown that the associated leased access cable expense currently exceeds the acceptable risk/reward ratio, and the Company is pursuing alternative cost reduction options in that community.

Question:
Give us specifics on the number of publications that N’East Magazine puts out…example this past issue? How many were given to be sold?? What is Majority Interest? Please give us details?

Answer:
15,000 -22,000 copies of each N’East issue are distributed nationwide. The Company owns a 51% majority interest in the magazine.

Question:
About our Acquisition of Stockli, we OWN majority interest in this LOI also, it has been rumored that it is 89% owned by Summus, please give us an update on this??

Answer:
The Company owns 89% of Stockli Ski USA – the exclusive U.S. distributor of Stockli skis.

http://www.smallcapvoice.com/smmw/q-a.html

As far as a reverse split, it's a well known fact that Dan Burgess has already stated thats not in the cards..