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Biotech / Medical : Quantech (QQQQ)

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To: Bill Schrader who wrote (286)	5/27/1998 8:39:00 AM
From: Martin Savitska	Read Replies (1) of 338

Bill, I wouldn't touch this stock until after the 30th of Sept. That's when the convertible notes come due. I haven't read anything to indicate a limit to those notes which in my mind makes them bottomless. So, the lower the stock price when they are converted the more shares can be bought by all owning the notes. I might be wrong. There might be a limit to the conversion price that was stated somewhere. I haven't seen it and I'm not about to go looking. What I'd like to know is, are members of the company eligible to purchase these new notes? Anyone? By the way, Robert Case has got some "big ones" making a statement about the impediment to the company for being a "penny stock". Duh........maybe they shouldn't have diluted the stock three fold over the last year and a half. Oh and now they are going to do a reverse split. I guess that puts the company in a better position make another secondary offering when they need funds to actually start producing the machine for distribution. Sure am glad they're on a firm technical footing, since they knocked the legs out from under my investment.(:>) Regards, Marty

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