QDRX Message Board - Msg: 3033138

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : QDRX

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim Mills who wrote (3320)	12/23/1997 5:05:00 PM
From: Jim Mills	Read Replies (3) of 3977

TO ALL: This is not a take over! There is every reason to believe that Argus management have taken over control of Quadrax on behalf of the major creditors. They will probably come up with a plan that benefits the banks and other creditors and announce it as a "fait accompli" on Jan,5th without referring anything to the stockholders, They could recommend that all assets will be sold to raise cash and pay the creditors, leaving nothing for the shareholders. Our intention is not a takeover of Quadrax. We need 10% of shareholders votes so that we have the power to call an extraordinary meeting of shareholders. We want Argus Management to come up with a plan that is in the shareholders interests. Not just in the interest of the creditors. The proxies should be made to Dave Evans or Mike Dorf-former managers of Quadrax who "left" because they disagreed with the way it was going. Mike and Dave are not looking to take over Quadrax-they are busy with their own new business which is going in a new direction in advanced materials. Mike and Dave do understand the assets of Quadrax and know about " skeletons in the closets" and they have agreed to speak on behalf of us shareholders. Please e-mail Dave Evans at davidevans@iname.com Jim M.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next