Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?

To: sammaster who wrote (2854)	2/16/1998 2:51:00 AM
From: sammaster	Respond to of 19331

to those interested about number of shares issued in cardcaller deal(like me)when dctc bought them (a) Four Hundred and Ninety Four Thousand Two Hundred and Eighty Seven (494,287) shares of $0.0001 common stock of the Purchaser (the exchange ratio being six Purchaser Shares to be issued for each 100 Company Shares); and (b) Warrants, substantially in the form attached hereto as Schedule A, to purchase an aggregate of Seven Hundred and Forty One Thousand Four Hundred and Thirty One (741,431) shares of $0.0001 common stock of the Purchaser at $4.00 per share (the "Warrants"), which Warrants shall be exercisable at any time until 5:00 pm (New York time) on February 28, 2001 (the exchange ratio being Warrants to purchase nine Purchaser Shares to be issued for each 100 Company Shares). plus there are more shares available to cardcaller if they bring in earnings...which they did in sale to smarttalk...but as far as i know the number of these bonus shares has not been divulged yet, right? if # is known could someone tell me. are the warrants for sale on the market like other companies...if so how do i buy them? samir

To: sammaster who wrote (2854)	2/16/1998 10:48:00 AM
From: MICHAEL J ZWEBNER	Respond to of 19331

HI SAMASTER We have the ability to continue to build this company in many ways, but we must all have the same goals and agree on the mutual road to take to get there. For obvious reasons, I cannot discuss company policy (or my perception of company policy) until deals are done and consumated. However, as you have well discovered, Datawave is a very serious company, with serious technology, excellent and devoted management and as can be seen by their business contracts and their recent stock performance, we (DCI) are now well positioned to take advantage of this unique situation. Time will tell if we do indeed do so. MJZ