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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Jumpin Joe who wrote (3476)	3/13/1998 8:45:00 AM
From: JOE MEDSKER	Read Replies (1) of 19331

JJ, Joe has stated on numerous occasions that before the WorldPass deal the total shares outstanding if all warrants and options took place would be about 22 million as you stated. This can be found on EDGAR. There will be about 3 million shares issued for WorldPass. However I believe the company will repurchase them when CardCall Canada is sold. As I type this AGE is sending shares they have taken in to the transfer agent to be reregistered as Treasury Stock. The company has taken in a little more than 850000 shares. What we are seeing is an actual decrease in the float and the total number of outstanding shares. Based on my conversations with Joe I would estimate the total revenues for the next fiscal year to be about $75 million. This would come from existing operations plus what is in the pipe line. Thanks for a great report. Best Regards

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