Brad, The S-8 you posted, looks to be part of the DCI employee stock
plan. The 8-K filed on Edge is the biggie that I am interested in.
Take a look at the revenues shown in this 8-K on Edge, they actually
did more in revenues in the past 12 months than we did...our company
just doubled! (G) What a great buy for the 4.3 million shares!
Twelve Months Ended
March 31, 1998
DCI Telecom. Edge Pro Forma
Net Sales $8,253 $8,671 $16,924
Cost of Sales 6,582 7,781 14,363
Gross Margin 1,671 890 2,561
Operating Expenses 2,922 820 3,742
Depreciation & Amortization 143 - 143
------ ------ -------
3,065 820 3,885
------ ------ -------
Income (Loss)
from Operations $(1,394) $70 $(1,324)
Interest Expense (11) - (11)
Interest Income 270 - 270
------- ------ -------
Net Income $(1,135) $70 $(1,065)
Shares 14,500 4,385 18,885
Net Income (Loss) per Share $(0.08) $(0.06)
Notes:
1) DCI Results exclude a gain from sale of contract of $3,078,421
and losses from discontinued operations of $882,614, assumes zero
sales from DCI Europe and CyberFax
2) The Edge acquisition would increase the number of common
shares by 4,385,000 (pooling)
3) Loss carry forward eliminates tax consequences |
