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Microcap & Penny Stocks : DAWC (Welcome CDMD Investors)
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To: C.H. Thomas who wrote ()12/7/1996 1:13:00 AM
From: Gregg Hudson   of 177
 
Can someone please explain to me what this means?

In order to assure greater value to the Command shareholders of record as of the close of business on Oct. 16, 1996, Dawcin is granting a stock option on a one for one basis equal to the post
reversed split shares with a guaranteed registration filing within 120 days. In order to qualify, shareholders must hold their existing shares for 30 days from Oct. 16, 1996. Command shareholders of record will receive an option to purchase shares in Dawcin on a one for one basis at a discounted price of $0.50 per share. It should be noted that a 1-for-200 reverse split will create a post reverse split share price of approximately $4.00.

I'd appreciate it.
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