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Microcap & Penny Stocks : QDRX
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To: Jim Mills who wrote (3322)12/25/1997 10:04:00 AM
From: Glenn Olsen  Read Replies (1) of 3977
 
Jim
A pause between Xmas activities. I looked over the 12/23 amended filings on Edgar and don't see much hope for the stockholders. Victor's creditors look like they had to move in. Noted the debt had gone from $2.8 million when Palermo took over to $4+ million. Not a good direction. TM isn't going to get involved in this at this stage-too many problems IMHO. Attempts at minority action aren't often more then a venting of frustration with nothing coming from it. Best of luck.

Glenn
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