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Microcap & Penny Stocks : QDRX
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To: Steve Casey who wrote (3567)7/23/1998 6:14:00 PM
From: strtrset  Read Replies (1) of 3977
 
The new reorganization plan will be filed on 12 August 98. There were no changes in the 51% stockholder ownership or the reverse 10 for 1 stock split. Quadrax has been talking with NHL group to buy plant in RI-these people are very interested. After speaking with the various lawyers involved. It is their opinion and belief that without the work of Jim Palermo. The stockholders would have lost everything to the creditors.

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