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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Baldwin who wrote (11642)11/25/1998 3:47:00 PM
From: WISDOM MILES  Read Replies (3) of 19331
 
TO ALL

FREQUENT ASKED QUESTION on
dcic.com
is updated right now!

Q:What is a status on the " short sellers"?

A:We are in the process of changing transfer agents.

Our attorneys will seek an injunction early next week against Nevada Agency &Trust to FORCE them to turn over the records to American Stock Transfer &Trust Company.

We are working with SEC enforcement in conjunction with this action.

So far close to 6 million shares are being recalled from street name and thus being taken out of the float.

This action will cut the float by about 40%.

In addition, we will be executing on the "BUY IN" with Morrow &Co>
Also, we are in discussions for a financing deal from which $3 million of the proceeds will be used to refinance the series F convertible prefered.

Stronger than ever. GO DCTC!
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