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Microcap & Penny Stocks : QDRX -- Ignore unavailable to you. Want to Upgrade?

To: Jim Mills who wrote (3322)	12/23/1997 7:08:00 PM
From: r laird	Read Replies (1) \| Respond to of 3977

Subj: stock and warrants By: jade3_97 Date: Dec 23 1997 4:04 P.M PST Reply To: Msg. 194 by JimMills97 sent permission to evans to use my stock and warrants to help out us investors.

To: Jim Mills who wrote (3322)	12/23/1997 10:48:00 PM
From: Jim Mills	Read Replies (3) \| Respond to of 3977

Proxy Statement, Extraordinary Meeting of Quadrax Corp Shareholders. _____________ To: The Secretary of Quadrax Corporation. The undersigned hereby requests an extraordinary meeting of shareholders to be held before any re-organisation of Quadrax Corporation is carried out. The purpose of the meeting is to discuss any plans prepared by Argus Management and/or the board of directors Of Quadrax and to ensure that such plans are in the best interests of the shareholders. Such meeting to be held as soon as possible and preferably before Jan,5 1998. Signed X ___________________ _____________________ The undersigned herby appoint David A. Evans and Micheal Dorf, or any one of them, attorneys with full power of substitution and revocation to each, for and in the name of the undersigned would posses if personally present, to vote the common stock of the undersigned in Quadrax corporation at the Extra-ordinary meeting, of shareholders called for above,whenever held,and at any adjournments thereof, for the following matters: 1) FOR( ) AGAINST( ) a plan that assures the continued existence of Quadrax as an on-going buisness and that has the possibility of dividens being paid at a later date. 2) FOR( ) AGAINST( ) the investigation of ways to recover money that may have been improperly spent or awarded so that said money can be used to pay Quadrax Corporation's dept's 3) FOR( ) AGAINST( ) a plan that ensures the disposition and sale of any Quadrax assets, if needed, in a matter that is most advantageous to Quadrax shareholders. 4) upon any other matter which may properly come before such meetings of any adjournment thereof. If not otherwise specified this proxy will be voted FOR the above proposals. Signed X ____________________ Date _____________________ Name X ____________________ Number of shares. X ___________________ Transmit electronically to: davidevans@iname.com And print out and send by mail with signatures to: David Evans & Mike Dorf 72 Littleton Road Chelmsford, Ma 01824

To: Jim Mills who wrote (3322)	12/25/1997 10:04:00 AM
From: Glenn Olsen	Read Replies (1) \| Respond to of 3977

Jim A pause between Xmas activities. I looked over the 12/23 amended filings on Edgar and don't see much hope for the stockholders. Victor's creditors look like they had to move in. Noted the debt had gone from $2.8 million when Palermo took over to $4+ million. Not a good direction. TM isn't going to get involved in this at this stage-too many problems IMHO. Attempts at minority action aren't often more then a venting of frustration with nothing coming from it. Best of luck. Glenn