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Technology Stocks : Quarterdeck: Making a Striking Comeback! -- Ignore unavailable to you. Want to Upgrade?

To: Brendon Woirhaye who wrote (2436)	3/3/1998 10:30:00 AM
From: Jesse Livermore	Respond to of 3307

Dilution is conclusion of Series S financing back in the dark days of impending chapter 11. QDEK survived but the financing which gave the company 20M or so in cash allows conversion of preferred to common on a formula basis starting now. At 1 it was 30M shares I think and at 2 around 15M and at 3 around 7M. I forget the exact numbers but this is the gist of it. ReMoveIt 98 is advertised with first source. Remove it has a market separate from cleansweeep and it makes sense to have those folks upgrade to a product they know. Brand loyalty is big.