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Microcap & Penny Stocks : DCTC / FTEL / FNET

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To: jan fine who wrote (1427)10/9/1996 11:10:00 PM
From: Martin P. Smith   of 1624
 
I for one am fully aware that a board of directors can have more than one member. If not would it not be a board of Director :-). That is not what I was questioning.

My point was the wording of the release seems to indicate that Tom Russel is the IPO guru where up until this point DCTC and more specifically Josrph was filling that role. (the more the better I suppose)

Another reason for my post was that DCTC's role in FNET is pretty much predicated on them providing $X million in financing for the IPO and Franks reply as detailed in my earlier post does not mention any ownership by DCTC in the timeline.

I think the release is very positive for FTEL I just wonder if it affects DCTC and their part in the IPO.

Martin
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