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Microcap & Penny Stocks : QDRX

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To: Terry D. who wrote (3926)9/20/1999 8:35:00 PM
From: Jim Mills   of 3977
 
Terry, I got mine today. Seeing it came from Providence, you should get yours tomorrow or Wednesday.
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[snip]. There was no Equity Committee appointed in this case, however, the plan provides that the existing shareholders will cumulatively receive 5% of the outstanding new shares in the Reorganized Debtor in a reverse stock split. Shareholders will be able to tender those shares in the Reorganized Debtor to invest broker Pond Securities Inc. within one year after the confirmation of the plan for $.05 per share. The return per share could be higher depending upon the value of the new shares issued to unsecured creditors and shareholders.[end]
Tell me what you think when you get yours.

Jim.
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