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Microcap & Penny Stocks : Diamond Entertainment Corp (Previously DMEC)

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To: madmax_4473 who wrote (4550)6/11/1999 9:57:00 AM
From: Richard L. Williams  Read Replies (1) of 6957
 
It's good news...it takes debt which is costing the company interest and turns it into restricted shares, which are not all that dilutive (now) and shows that the holders of the debt are willing to do this in the belief that this company is going somewhere.

It looks good to me...not earth-shaking, but it is a foundation-laying news release that portends good things for the future.

Cheers!
Rick
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