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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today
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To: Juli who wrote (7229)7/30/1998 6:39:00 PM
From: Bruce Galpeer   of 19331
 
Juli,
There is no telling how many shares until we see the terms of the Convertible Preferred that is being set up with TIMEWorldcom. The last estimates I have heard are a little over 30 million, that includes all shares from every deal, warrants and options. Right now there is no new CP shares as the deal is only in the LOI stage. If other factors fall into place like the price of the stock being higher to much higher than it is now than the conversion will be painless. We will have to wait and see.
Bruce
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