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Technology Stocks : Grandmaster Technologies Inc. (GRMSF)

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To: Rick Kunz who wrote (11)5/16/1996 10:22:00 AM
From: Rolwin Lewis   of 17
 
Rick,
When I requested a quote from Waterhouse Securities, they quoted the last traded price was C$4.00 down 29 cents. I can buy the shares at the US$ equivalent (1 US$ = 1.365 C$). There is a slight extra charged for the conversion.
So, I guess coming to your question, one has to pay a little more compared to buying straight off the Vancouver exchange in C$. However, if the payment is from the US$ there will be a conversion anyway and eventually when C$ are converted back to US$, the conversion loss will have to be borne by us. What is the OTC quote for GRMSF in US$ ?

R.L.
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