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Microcap & Penny Stocks : DAWC (Welcome CDMD Investors)

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To: wendell morris who wrote (6)11/19/1996 3:58:00 PM
From: Brett LaCroix   of 177
 
Wendell,

DAWC is offering warrants on a 1-for-1 basis, based on the number of shares of DAWC you ended up with after the CDMD split.

One requirement is that DAWC shares are held for 30 days after the split, so basically, if you still have the shares, you qualify.

DAWC informed me that they are sending out letters this week which will give instructions on how to purchase the shares.

The warrants will allow you to buy shares at .50/share.

If you were in CDMD at .02 or less, then this is a pretty good deal. If DAWC stays around 2.25 (or moves higher), and you buy all the shares you can at .50, you should break even or even come out slightly ahead.

If you were in CDMD above .02 prior to the split, this basically just allows you to cut out some of your losses.

I will post more info as soon as I get it.

Brett
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