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To: Jim Mills who wrote (3265)12/13/1997 10:28:00 AM
From: J. Davies  Respond to of 3977
 
The next step will be to get a friendly receiver appointed asap -IMHO. The assets of Q will be sold off to pay the debts and guess who will be first in line to bid for the Victor at 10 cents on the $?

JP, as he told us at annual meetings, was quite happily retired and running 'JJP Investments' - a merchant bank which invested his money - before he came to Q. 'JJP Investments' may be generous enough to make offers soon for the good bits of Quadrax - IMHO.

Sorry JimM, selling off the assets probably won't raise enough money to pay off the creditors. There won't be anything left for us loyal investors!

JD



To: Jim Mills who wrote (3265)12/14/1997 12:09:00 PM
From: Jim Mills  Read Replies (2) | Respond to of 3977
 
To anyone who works for Quadrax......Please E-mail me and tell me what the hell is going on over there. I need to know if this company still has chance to make it(OR NOT)?... Jimsgtx@aol.com

Thanks,

Jim M.