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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Cnatman who wrote (16508)5/21/1999 10:02:00 AM
From: Grantcw   of 19331
 
Cnatman,

I feel your pain and understand your concerns. The two main issues that I see in your questions are the promise to buyback the convertibles and the lack of revenue ramp up for the contracts we signed in previous press releases.

I believe that Joe really wanted to buy back the convertibles, but just found other uses for the cash that he felt were better. IMO, he shouldn't make promises like that in press releases. It doesn't do any good, especially when he sets deadlines like January 1999 and doesn't come through.

I share your concern about that lack of revenue ramp up and we like to understand exactly what's going on in this area. Do they still have the contracts? Why aren't they ramping up yet?

Please share the answers you get from Craig Murphy.

Grant
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