SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : QDRX
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim Mills who wrote (3686)11/20/1998 8:38:00 PM
From: strtrset  Read Replies (2) of 3977
 
The deal has been secured with the original buyers-they are buying the whole business and combining Quadrax with their other two companies. The creditors have accepted the plan and it is now in the hands of the court. Current shareholders will receive a 40 for 1 reverse split, creditors a 4 for 1 and new owners retain 49% control of company. The tape business will remain and golf shaft segment still undecided. Plan adopted by 18Dec98 and finalization by 18Feb99. If more details are forthcoming, I will post.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News