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Microcap & Penny Stocks : DFNL - Definition, LTD -- Ignore unavailable to you. Want to Upgrade?

To: CO who wrote (69)	12/3/1997 1:13:00 PM
From: Dusty	Respond to of 723

Cheryl AUTO it is a recommended BUY and HOLD Dusty

To: CO who wrote (69)	12/3/1997 1:21:00 PM
From: Dusty	Respond to of 723

Cheryl, Sent you an e-mail in answer to your question (fishing) Big grin. This is traded on Nasdaq too. Symbol AUTO Dusty

To: CO who wrote (69)	12/3/1997 1:21:00 PM
From: C. Riley	Read Replies (1) \| Respond to of 723

On the surface, it would appear that DFNL is giving away 50% of its profits from WINQ-TV in exchange for "up to" $40,000 a month. Here are some possibilities: 1. DFNL expects to receive at least $40,000 a month in profits times 12 months divided by 4.5 million shares yields a net profit of $0.10 per share. 2. The "up to" however means it could be much less than $40,000 a month and what if the cash funding only lasts a couple of months and then stops? Would DFNL still be obligated to give up 50% of profits for the entire year in exchange for such a small input? The news release certainly leaves this is a dangerous possibility. 3. DFNL must be in desparate need of cash to accept such an offer. Is the DFNL or the TV station in danger of going under? 4. Are there any other terms to this funding which are not being made public - such as giving away a security interest in the TV station or in DFNL? 5. Funding is being provided in anticipation of a much greater announcement to be made next week. Let's hope choices 1 and 5 are what is going on.