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


To: Jim Mills who wrote (3406)1/15/1998 8:31:00 PM
From: MJB8743  Read Replies (2) | Respond to of 3977
 
Re chapter 11...Q will have to submit to the courts and creditors (no, not us)a "reorg plan" for approval. **Pay very close attention** to what's in it concerning their intentions for current stock. Q can "tender" its shares (meaning they are worthless), and will issue new shares; OR they can keep the existing shares which means you still have a stake in the future of the co.

Whoever is close enough to know if/when that plan is presented should beg, borrow or steal a copy to find out what's what. Good luck.

Mickie (got out at 3/16, but would consider getting back in if the plan is right)