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Microcap & Penny Stocks : VCAR - Vector Aeromotive -- Ignore unavailable to you. Want to Upgrade?


To: Mary Kay who wrote (196)2/26/1998 6:08:00 PM
From: Mary Kay  Read Replies (1) | Respond to of 431
 
Hi guys,
I just wanted to let you know that I called Vector today. I was not really prepared to ask the right questions, but I did get a little information. The man I spoke to said that they do have a car in Houston at a dealership which they expected to be sold in the next week (I didn't think to ask "WHY" do they think someone is going to buy it.) He also said they have a couple in production right now. They are now being run by someone named "Tradelink" or "American Dream". He told me that he had only been working there for 5 weeks, and really couldn't give me any information on my warrants, but he referred me to their lawyer. I called the lawyer, who returned my call, and who said they have hopes of making a success of the venture. He told me that the warrants that have expired are not going to be extended again. He mentioned that some of the shares that were sold early on were sold as one share of stock plus one warrant. Evidently that is what I bought, as what was in my account used to be marked as wts, and now my account just shows regular stock.
Mary Kay