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Microcap & Penny Stocks : DCTC / FTEL / FNET

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To: Brian Murphy who wrote (1224)10/1/1996 6:11:00 AM
From: JOE MEDSKER   of 1624
 
To Brian Murphy
From Joe Medsker

The contract between FTEL AND DCTC states they will split FNET equally once the IPO is announced. When they were talking with RANA, Joe and Frank would have ended up with only 40% apeice and RANA would have had 20%. Without RANA its back to 50-50.

Best Regards
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