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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today
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To: Charles Zwebner who wrote (7626)8/9/1998 12:56:00 PM
From: Juli   of 19331
 
Charles, I regret that I talked with Joe Murphy while under the misconception that all E shares were converted after April 1, because when I asked about the E & F and was told they had not sold, I had meant all and obviously Joe Murphy meant part. The part that he was adamant about was that all shares that were available for sale prior to April 1, 1998 had been sold before November 1, 1997. After rereading the information on the series E, I conclude that this means that all of the series E except 368,304 were sold before Nov. 97. Those were the only ones left to be converted at March 31, 1998. As far as your other questions, I did not ask the nature of any of the convertibles and assumed that they were all of like kind. I think we may have been seeing these final E shares being sold here recently. I do not know if the F shares have been converted and are available for sale at this time. Mr. Murphy indicated when I spoke with him that they had not been issued.

Jewel
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