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Microcap & Penny Stocks : DCTC / FTEL / FNET

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To: Stephen B. Temple who wrote (1562)10/20/1996 1:44:00 PM
From: vic klimpl   of 1624
 
It seems that based on 5 to 6mil shares of dctc and if 10mil is raised by joe you get .33 to.4 shares of fnet 2mil./5 to 6mil. or .20 cents per share if the cash option is accepted.This is of course dependent on dctc raising the money. It seems ftel shareholders increase their participation from 40% to 80% or 100% if the cash option is done.It seems that ftel holders just got a leverage increase of 2 to 2.5 times.

vic
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