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Microcap & Penny Stocks : DCTC / FTEL / FNET
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To: taxgun who wrote (1222)10/1/1996 10:18:00 AM
From: Martin P. Smith   of 1624
 
If it is $1.50 that would mean 6.67 million shares to get to the $10 Million. That means a total of 10.67 million float and fairly hefty dilution in my mind.

Also why buy DCTC now if you wait and can get in for $1.50.

Corect me if I am wrong but this is a public offering not a private placement and is common shares. This basically means that if they set the price at $1.50 for 150% of the number of shares currently in the float our shares are pretty much worth that amount.

Martin
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