QDRX Message Board - Msg: 3181253

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Microcap & Penny Stocks : QDRX

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To: Jim Mills who wrote (3406)	1/15/1998 8:31:00 PM
From: MJB8743	Read Replies (2) of 3977

Re chapter 11...Q will have to submit to the courts and creditors (no, not us)a "reorg plan" for approval. Pay very close attention to what's in it concerning their intentions for current stock. Q can "tender" its shares (meaning they are worthless), and will issue new shares; OR they can keep the existing shares which means you still have a stake in the future of the co. Whoever is close enough to know if/when that plan is presented should beg, borrow or steal a copy to find out what's what. Good luck. Mickie (got out at 3/16, but would consider getting back in if the plan is right)

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