DCTC / FTEL / FNET Message Board

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 : DCTC / FTEL / FNET

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bruce Hoyt who wrote (1221)	10/1/1996 9:59:00 AM
From: Mitch Aunger	of 1624

As I recall from the Dayton meeting, in a PRELIMINARY prospectus (one of the slides Joe put up), DCI is thinking of offering PREFERRED shares. Again, and I'm sure someone will correct me, as I recall, there was a minimum investement planned (I seem to recall $10k) and the share price was to be somewhere around $33 per share (with the minimum of 999 shares equalling the 10 grand investment). These shares were planned to have a conversion option to common shares. PLEASE REMEMBER THIS WAS ALL VERY PRELIMINARY. Joe also posted a slide showing the potential stock price (mentioned in several posts after the meeting) based on the income from the 3 announced acquisitions or alliances and that slide showed aprox 8 million shares in the float. FYI Please note, several of the posts since yesterday have called this DCI offering an IPO. Technically, it is NOT an INITIAL Public Offering. It is just a PO. I love to pick nits! Mitch

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next