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Microcap & Penny Stocks : Dominion Bridge Corp. (DBCO)

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To: dainy who wrote (388)1/23/1998 11:25:00 AM
From: david james  Read Replies (1) of 535
 
As far as Eco and using convertible debentures to buy DBCO - Absolutely no chance, no way, no how! McGinnis is now well aware of the problems this will cause. Also think it is unlikely Eco will use any financing involving significant share dilution. As mentioned in their press releases, Eco recently arranged financing with a number of major firms including Banker's Trust to consolidate their existing debt and to provide some capital for acquisitions. The last 10q also mentions extending their financing for larger acquisitions - presumably through a bond deal or some such.

David
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