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Gold/Mining/Energy : DALECO RESOURCES ( DLOV ) -- Ignore unavailable to you. Want to Upgrade?

To: BILL G. who wrote (74)	1/8/1998 10:39:00 AM
From: Ken W	Read Replies (1) \| Respond to of 197

Bill G Thank you I did find the pre 14 filing. I think that longer term this will work out. I've traded this little stock several times overr tthe last year between .15 and .25. Just hate to lose the cash cow for a while. It also appears that they will be increasing the outstanding and perferred. After a split with outstanding of 25 mil. will reduce to 2.5 mil. float from 12 mil. to 1.2 mil. however, one of the issues to vote on is to change the shares to 20 mil. common and 10 mil. perferred. This does reduce the present common, but only by 5 million shares. Would this be where we are going to get the money for buyouts and capital? Ken W