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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes

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To: Joe Copia who wrote (26824)6/22/1998 11:48:00 AM
From: Robert Knight  Read Replies (1) of 34592
 
I noticed on their website that PDCI is in the midst of a 504 offering. At what price is this 504 being offered to investors? The short term price in PDCI will depend on what price the 504 is being offered....

The drop in price could be due to this offering as most 504's are done in the $1.00 price range to permit upside for the investor. This is most always the case on Companies that are "concepts" that have little or no revenue. Some 504's are sold directly into the market with shares being offered and proceeds going to the Company. These are thre types of questions that need to be answered if your really serious about this stock as a Long term play versus a "small float" P&D....

There is also no doubt that ALEX is watching every move on these threads as he just now shows up as a MM and quickly goes to the offer. Just some things to ponder.....

tol 6/22/98 11:44 AM TD703:343
bb:
OT

PDCI

Best Bid/Ask... 1.125 1.188

Bid Ask Bid x Ask
________ ________ __________
ALEX 1.188 0 x 5
PGON 1.125 1.875 5 x 5
FRAN 1.125 1.188 5 x 5
SHRP 1.000 2.000 25 x 5
HILL 0.500 1.500 50 x 5



Robert
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