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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: sammaster who wrote (2854)	2/16/1998 2:51:00 AM
From: sammaster	of 19331

to those interested about number of shares issued in cardcaller deal(like me)when dctc bought them (a) Four Hundred and Ninety Four Thousand Two Hundred and Eighty Seven (494,287) shares of $0.0001 common stock of the Purchaser (the exchange ratio being six Purchaser Shares to be issued for each 100 Company Shares); and (b) Warrants, substantially in the form attached hereto as Schedule A, to purchase an aggregate of Seven Hundred and Forty One Thousand Four Hundred and Thirty One (741,431) shares of $0.0001 common stock of the Purchaser at $4.00 per share (the "Warrants"), which Warrants shall be exercisable at any time until 5:00 pm (New York time) on February 28, 2001 (the exchange ratio being Warrants to purchase nine Purchaser Shares to be issued for each 100 Company Shares). plus there are more shares available to cardcaller if they bring in earnings...which they did in sale to smarttalk...but as far as i know the number of these bonus shares has not been divulged yet, right? if # is known could someone tell me. are the warrants for sale on the market like other companies...if so how do i buy them? samir

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