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Technology Stocks : Verified Perscriptions System ETCR
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To: DaiTN who wrote (338)8/5/2002 10:07:39 PM
From: uthabros  Read Replies (1) of 397
 
Dman, I believe now is the time to get in cheap! I have recieved a letter from the transfer agent. It says that the deadline for conversion has been extended to Sept 16 (a one month extension) I have to send them my perferred cert along with documentation of the number of shares I held on Jul 16 2002 to verify how many prefrred shares I can convert.Once the preferred are converted the common shares are restricted according to rule 144. The start date for the restriction is July 16, 2001 which means I can immediately apply to take off the restriction which the co. can fool with until Dec. 2002. During that time the co. attorney will help, if needed, to take off the restriction. After that you have to do it yourself. For me, I'm going to get the restriction off as soon as possible then buy back the shares right away and then have my shares to do what ever I want to do with them without any restrictions. Hope that helps. The application for the gov money has been recieved by the U.S.legislature AND ON SEPT 30 THEY WILL ANNOUNCE WHO GETS THE GRANTS. ETCR is the one who Kentucky will pilot. Once the gov money come the private money will follow! JMHO! ;>)))!!! The shares price for the conversion was .07. How many shares that means is beyond me.
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