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Technology Stocks : Vidikron Technologies Group (VIDIC)

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To: Janice Shell who wrote (85)1/12/1997 8:26:00 PM
From: n/a   of 782
 
According to PJTV 1/7/97, they're still burning. Their press release that day shows them in more foreign pvt placements for $6.5 million.

According to their filings with the SEC in Nov 1996, the outstanding preferred will dilute the stock up to something like 30 million shares. Their finances are ugly. To price this company logically, you need to spend a fair amount of time on the filings. The market seems to be pricing the company with this in mind. I'm not sure that there is anything for investors. The way to make money with it is to work for them as an employee, a consultant, or market their paper.

As far as the name of the CEO, you are right: Projectavision PR calls Marvin Maslow "Founder and Chairman of the Board". He was "CEO until October, 1996". Martin Holleran is President and COO. I don't know who the CEO is. I do know this: when Marvin says "jump", Martin asks "how high?"
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