To: LPasko who wrote (598 ) 2/12/1998 11:04:00 PM From: s martin Read Replies (1) | Respond to of 6528
I am not sure anyone has accused Mr. Raabe of any wrong doing, unless to question is to accuse. I think we are trying to determine the facts of this situation. The reason I asked if you were familiar with him is: When he was CEO of QPDC, there were 4 memebers of the BOD and 2 of them were stockbrokers. Prior to their depature the stock had a dramatic increase in price according to the charts on AOL, it went from .25 to $5.25 in one day and then fell back to $.25. This could have been an error on the chart or it could have been a one day wonder, I thought you might know. ITEM 9. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT (a) Identification of Directors The names, principal occupation, and age of all Directors of the Company at September 30, 1995 are listed below: Name Age Principal Occupation Director Since Thomas Raabe 43 President March 1995 to October 1996 Jonathon Reuben 40 CPA June 1995 Micah Eldred 27 Stockbroker March 1995 to October 1995 Bruce Daigle 35 Stockbroker June 1995 to October 1995 QUALITY PRODUCTS INC Prices Available: 10/16/95 through 02/11/98 Ticker: QPDC Date Volume High/Ask Low/Bid Close -------- ---------- ---------- ---------- ---------- 10/20/95 1,960,000 1 0 1/8 0 1/8 10/26/95 830,000 0 1/8 0 1/8 0 1/8 11/03/95 1,130,000 0 3/8 0 1/8 0 1/8 11/10/95 2,240,000 5 1/4 0 1/4 0 5/16 11/17/95 700,000 0 1/8 0 1/8 0 1/8 11/24/95 2,330,000 0 5/16 0 1/8 0 1/8 12/01/95 9,400,000 0 5/16 0 1/8 0 1/4 12/08/95 5,760,000 0 3/16 0 1/8 0 3/16 12/14/95 7,110,000 0 1/4 0 1/8 0 1/8 QUALITY PRODUCTS INC Prices Available: 10/16/95 through 02/11/98 Ticker: QPDC Date Volume High/Ask Low/Bid Close -------- ---------- ---------- ---------- ---------- 10/20/95 1,960,000 1 0 1/8 0 1/8 10/26/95 830,000 0 1/8 0 1/8 0 1/8 11/03/95 1,130,000 0 3/8 0 1/8 0 1/8 11/10/95 2,240,000 5 1/4 0 1/4 0 5/16 11/17/95 700,000 0 1/8 0 1/8 0 1/8 11/24/95 2,330,000 0 5/16 0 1/8 0 1/8 12/01/95 9,400,000 0 5/16 0 1/8 0 1/4 12/08/95 5,760,000 0 3/16 0 1/8 0 3/16 12/14/95 7,110,000 0 1/4 0 1/8 0 1/8