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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Dean Dumont who wrote (7504)8/4/1998 10:44:00 AM
From: JOE MEDSKER  Read Replies (2) of 19331
 
B,
I received an E-mail from someone suggesting that some of the selling might be coming from the convertible preferred shareholders. I talked with Joe this morning and he said that is not possible. All the common certificates issued to them are held in escrow and when they can sell, DCI has a buyback provision in place. In other words they must sell back to the company first before they can go to the market.

Best Regards
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