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Technology Stocks : Optical Cable Corporation - OCCF

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To: Harold who wrote (422)6/12/2003 6:34:09 PM
From: David Lawrence   of 449
 
- $700,000 cash
- warrants for 250,000 shares at $4.88 exercise price (five years)
- vultures, er, lawyers get 30% of the settlement fund, plus $38,000 for expenses. Pathetic.
- settlement funds apportioned relation for losses incurred
- Kopstein's shares, including those margin called by the brokerage houses, were not eligible for claims. I think the officers and directors were also precluded form participation.

The deadline for filing a claim has long since passed.
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