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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?


To: ernie de la fuente who wrote (16921)6/22/1999 5:44:00 PM
From: don denson  Respond to of 19331
 
"I'm from the government.....

and I'm here to help"....



To: ernie de la fuente who wrote (16921)6/22/1999 5:45:00 PM
From: Motlink  Read Replies (2) | Respond to of 19331
 
For all those calling for the death of this company, the following 8-K was filed yesterday. A Big-5 taking on a dead, scam company? OK!!

Remember, the suspension was for a MINOR adjustment.

FORM 8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

CURRENT REPORT


Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934.

Date of Report (Date of earliest event reported) May 14, 1999.

DCI Telecommunications, Inc.
- -----------------------------------------------------------------
(Exact name of registrant as specified in its charter)

Colorado 2-96976-D 84-1155041
- ----------------------------------------------------------------
(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification
incorporation) Number)

611 Access Road, Stratford, CT 06497
-------------------------------------------------------------
(Address of principal executive offices)

Registrant's telephone number, including area code:(203) 380-0910


- -----------------------------------------------------------------
(Former name or former address, if changed since last report.)

<PAGE>

Item 4. Changes in Registrant's Certifying Accountant.

DCI Telecommunications and its current principal independent
accounting firm, Schnitzer & Kondub, P.C., have agreed that
Schnitzer & Kondub would not stand for re-election subsequent to
its completion of the audit for the year ending March 31, 1999.

For the past two years, Schnitzer & Kondub's report on the
financial statements did not contain an adverse or disclaimer of
opinion, nor were they modified as to uncertainty, audit scope or
accounting principles. There were no disagreements which, if not
resolved to Schnitzer & Kondub's satisfaction, would have caused
them to make reference to the subject matter in connection with
their report.

On May 14, 1999, DCI announced that its Board of Directors has
selected Deloitte & Touche LLP as the Company's new auditors for
the year ending March 31, 2000. They will appear on the proxy
statement for ratification by the shareholders later this year.

Resuming regular trading is up to the lazy ass MM's. You want it trading, bombard the MM's to get off their duff's!!

T



To: ernie de la fuente who wrote (16921)6/22/1999 6:03:00 PM
From: tonto  Read Replies (1) | Respond to of 19331
 
You do not believe you learned much from your conversation?

When I asked what the likelihood that they would file
paperwork for any security as required when DCTC was halted so the MM could make a market in a company like DCTC, he said near ZILCH, too much trouble...





To: ernie de la fuente who wrote (16921)6/22/1999 6:48:00 PM
From: Colin Cody  Respond to of 19331
 
So the SEC has clumbsily created a situation to make the success of a small business even tougher than it already is by creating hardships for the MM's who can't be bothered with their red-tape nonsense!!

Almost ...but "clumsily" isn't the right word. The SEC is not your friend. this is the standard M.O. of the SEC. DCI shareholders are now learning this is a fact.

I have seen absolute cr@p get listed through 15c2-11 filings in the past months. Shells, shares with no real information about them other than what some paid promoter posts on the internet. It is easy to list this cr@p because the SEC hasn't tainted the briefcase of papers that is all these companies are made up of.

The more people that talk with the SEC during an investigation the worse it gets for the Company. Not because there is anything wrong, but because this is how the SEC opperates. and they ACTUALLY think they "are doing investors good".

It took the SEC 3 years to shut down IDID. I knew it for what it was YEARS earlier because of observing a very sharp schiester on Prodigy who was promoting the purchase of their shares. The SEC did nothing, not until people bid it up from 1c to $1.50, THEN the SEC shut them down, sticking it to the $1.50 a share buyers. An investor's friend? no, the SEC is not your friend.



To: ernie de la fuente who wrote (16921)6/27/1999 10:25:00 PM
From: Marvin Mansky  Read Replies (1) | Respond to of 19331
 
What really ticks me off is the SEC lawyer Reid A. Muoio, Staff Attorney, (http://www.sec.gov/enforce/tsusp/34-41358.txt) told me that they put DCTC on the 10 day suspension TO PROTECT US. He also said that the SEC doesn't have the manpower to check out the financials of every company so they only check the companies that have a complaint registered against them. (I wonder who might have registered the complaint)

What pisses me off is that if the SEC is protecting us why couldn't they just tell DCTC to get their ship in shape by a certain date or they will suspend them...not suspend them first.

He also added that the SEC doesn't have anything more to do with it after the suspension and it is up to the MM's to want to trade the company again after doing due diligence to see that the company is no longer in violation.

Marvin