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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Mark[ox5] who wrote (4056)3/29/1998 6:11:00 AM
From: Charles Zwebner  Read Replies (2) of 19331
 
At the time of the acquisition of CardCall by DCI, I was the President and a Director of Cardcall International Holdings Inc., which was the holding company that owned 100% of CardCall UK and 100% of CardCall Canada.

For the record, and it is not news but rather public information reported in DCI filings to-date with the SEC:

There were approximately 8,200,000 shares of CardCall outstanding which were exchanged for approximately 720,000 warrants @ $4 per warrant expiring February 28th, 2001 and 7,000,000 options to subscribe for shares in DCI at a purchase price of $.20 per share expiring April 30th, 2002.

You will need to ask DCI corporate as to how many options have been exercised to-date but I believe it is somewhere between 2,500,000 to 3,500,000. Only DCI can give you the accurate number.

Charles
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