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Microcap & Penny Stocks : Pacific Diagnostic Technologies (PDTK)

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To: Oliver Pepper who wrote (251)1/22/1999 7:43:00 PM
From: Kamil Etem  Read Replies (1) of 262
 
Oliver, not clear on the answer to that. I'm waiting to see some change with my broker (Etrade). They've stopped listing a price for my PDTK shares as of today. Yet, I still show the same number of shares as before the 14th rs.

The issuance of the new PDTK certificates and the warrants are not completed yet. Transfer/exercise of the warrants may involve some limitations on when they are exercisable, I'll check on the wording in the reorg structure. But, if I had a warrant in my hands, and the new PDTK shares were available today, yes, at $1 cost we get a $3.25 share. Makes sense to me.

I'm intrigued with the product, a bit different than a cheap potassium test! But the utility and value is exciting.

Good luck, have great weekend.

Kamil
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