SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
Filed by the Registrant [ ]
Filed by a Party other than the Registrant [X]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential, for Use of the Commission Only (as permitted by
Rule 14A-6(e)(2))
[ ] Definitive Proxy Statement
[ ] Definitive Additional Materials
[X] Soliciting Material Pursuant to ss.240.14a-11(c) or ss.240.14a-12
meVC Draper Fisher Jurvetson Fund I, Inc.
(Name of Registrant as Specified In Its Charter)
Millenco, L.P.
(Name of Person(s) Filing Proxy Statement if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[ ] $125 per Exchange Act Rules 0-11(c)(1)(ii), 14a-6(i)(1), 14a-6(i)(2)
or Item 22(a)(2) of Schedule 14A.
[ ] $500 per each party to the controversy pursuant to Exchange Act
Rule 14a-6(i)(3).
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11.
1) Title of each class of securities to which transaction applies:
........................................................................
2) Aggregate number of securities to which transaction applies:
........................................................................
3) Per unit price or other underlying value of transaction
computed pursuant to Exchange Act Rule 0-11 (Set forth the
amount on which the filing fee is calculated and state how
it was determined):
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4) Proposed maximum aggregate value of transaction:
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5) Total fee paid:
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[ ] Fee paid previously with preliminary materials.
[ ] Check box if any part of the fee is offset as provided by Exchange
Act Rule 0-11(a)(2) and identify the filing for which the offsetting
fee was paid previously. Identify the previous filing by registration
statement number, or the Form or Schedule and the date of its filing.
1) Amount Previously Paid:
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2) Form, Schedule or Registration Statement No.:
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3) Filing Party:
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4) Date Filed:
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The material in this filing represents the material which was added to the
website www.mevcshareholders.com on February 24, 2003. The list of documents on
the website is revised to reflect the addition of this document to the website.
MILLENNIUM PARTNERS, L.P.
666 FIFTH AVENUE TELEPHONE 212.841.4100
NEW YORK, NY 10103-0899 TELEFAX 212.841.4141
CONTACT
Media Investors
Paul Caminiti/Kim Levy/Keil Decker Robert Knapp
Citigate Sard Verbinnen Millennium Partners
(212) 687-8080 (212) 841-4100
Klevy@sardverb.com Rknapp@mlp.com
MILLENNIUM COMMENTS ON ISS RECOMMENDATION
-----------------------------------------------------
NEW YORK, NY -- FEBRUARY 24, 2003 -- Millennium Partners today issued the
following statement regarding Institutional Shareholder Services' ("ISS")
recommendation for the MVC Capital (NYSE: MVC, "the Fund") shareholder vote on
February 28, 2003.
"We are not surprised by this decision given that ISS has historically been
reluctant to oppose incumbent management in contested proxy situations. ISS
generally influences institutional shareholders and index funds, but in the case
of MVC, Millennium's institutional support is already very strong and we do not
expect the ISS recommendation to make a significant impact. Our meetings with
shareholders -- both institutional and retail -- suggest that there is strong
support to oust CEO John Grillos and his proposed board and replace them with
Millennium's nominees. The shareholders of MVC are well aware of this management
team's deplorable corporate governance and disastrous performance and believe it
is time for change."
Millennium welcomes comments and suggestions from MVC shareholders at
mevcshareholders@yahoo.com. For more information, shareholders can visit
www.mevcshareholders.com.
# # #
To the extent that the foregoing release may be considered a "solicitation,"
as defined by SEC regulations, such solicitation is being made by
Millenco. L.P., a Delaware limited partnership, which is a broker-dealer and
member of the American Stock Exchange. The general partner of Millenco is
Millennium Management, LLC, a Delaware limited liability company. The sole
manager of Millennium Management, LLC is Israel A. Englander. The principal
office of Millenco, Millennium and Mr. Englander is 666 Fifth Avenue, New York,
New York 10103.
For a description of the Millenco's direct or indirect interests in the Fund, we
refer you to Millenco's filings on Schedule 13D which can be obtained from the
SEC's website, www.sec.gov.
Millenco, L.P. has filed its definitive proxy statement with the Securities and
Exchange Commission, and it will file additional solicitation material with the
SEC in the future. SHAREHOLDERS SHOULD READ SUCH PROXY STATEMENT AND OTHER
SOLICITATION MATERIAL CAREFULLY BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION.
ANY AND ALL PROXY STATEMENTS AND OTHER MATERIAL FILED IN CONNECTION WITH THE
SHAREHOLDERS MEETING WILL BE AVAILABLE, FOR FREE, AT THE SECURITIES AND EXCHANGE
COMMISSION'S WEBSITE WWW.SEC.GOV AND AT WWW.MEVCSHAREHOLDERS.COM. IN ADDITION,
MILLENCO WILL MAKE AVAILABLE WITHOUT CHARGE, VIA EMAIL, ANY PROXY STATEMENT OR
OTHER SOLICITATION MATERIAL IT MIGHT ISSUE, TO SHAREHOLDERS WHO REQUEST IT BY
CONTACTING US AT: MEVCSHAREHOLDERS@YAHOO.COM.
The statements in this press release may be "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995. These
statements are subject to risks and uncertainties. In particular, statements in
this press release that state the intentions, beliefs, expectations, strategies,
predictions of Millennium or its nominees for directors with respect to the Fund
and its operations, or any other statements relating to the Fund's future
activities or other future events or conditions are "forward-looking
statements." Forward-looking statements are not guarantees of future performance
and involve risks, uncertainties and other factors, as well as general economic
conditions, which are difficult to predict and any one or more of which could
cause actual results to differ materially from those stated in such statements.
Any forward-looking statements speak only as of the date on which the material
is released, and Millennium does not undertake any obligation to update any
forward-looking statement to reflect events or circumstances after the date of
such information is released.