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Microcap & Penny Stocks : Pacific Diagnostic Technologies (PDTK)

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To: baystock who wrote (120)4/1/1997 6:47:00 AM
From: chick in NC   of 262
 
Hey y'all:

Sorry for the delay, but it's next to impossible to find folks on Easter Monday. Anyway, I believe you made a good call Ram. Wish I had any more loose change to add to the pot. What I can gather, in a nutshell:

1. The Biotrack acquisition has been approved. PDTI has received outside capital and either has or will make its first partial payment soon.

2. Sorry, I can't get the name of the funding agent or company. And alas, I don't know how it will be repaid, whether in shares of stock or as a business loan.

3. Either way, it clears two major hurdles for the company. It creates a new overseas market and provides a source of ongoing income.

What remains, IMO, is to integrate the product lines, get the FDA waiver on Stat-K license requirements and quietly map out your marketing base. Of course, if I was so smart, I'd be rich (gg).

Anyway, we're on track -- biotrack, that is. Have a pleasant day and congrats to any Arizona fans out there.

Chick in NC (hey, at least my team got to the Sweet 16)
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