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Microcap & Penny Stocks : Docucon ( DOCU ) -- Ignore unavailable to you. Want to Upgrade?


To: x70sxn who wrote (459)11/26/1997 1:42:00 PM
From: Billie Thon  Read Replies (1) | Respond to of 510
 
Hi Shrini

Here's the part that bothers me somewhat:

As previously announced, Docucon has also entered into a letter of intent with an unnamed investor in connection with a possible recapitalization of the Company coincident to the software
division sale. The Company intends to distribute the proceeds of the sales of the J. Feuerstein division and the recapitalization, if
consummated, for anticipated total proceeds to shareholders of $1.35 to $1.75 per share. If the recapitalization is not completed, the Company will reserve the funds for potential working capital
needs and possible future distribution to shareholders.

This could go on forever! If you need money for your turkey, you're in big trouble <g>. Have a Great Thanksgiving, regardless! Billie