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Microcap & Penny Stocks : Queryobject (QOSC) BREAKOUT today!! Volume @ 2 million!!!

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To: Justin Franks who wrote ()12/31/1999 4:49:00 PM
From: Jack Hartmann  Read Replies (1) of 68
 
I received a letter from Robert Thompson CEO sent to all QUOB shareholders. Dated Dec. 18, but got it today.
Some highlights:
- low point was NASDAQ delisting in May due to low stock price and low net tangible assets
- High point is continue growth in product sales quarter to quarter and year to year basis
- Higher trading price means company can call for the redemption of certain outstanding warrants. Hoping for $4.8 million of extra capital with redemptions.
- This means focusing on growing business not constant fundraising
- This will increase the number of shares available for public trading
- Proxy sent to vote for 3-1 reverse split.
- Vote at January meeting in Boston

Nice to receive a letter like this clarifying the reverse split.
Jack
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