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Biotech / Medical : Quantech (QQQQ) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Schrader who wrote (286)	5/26/1998 6:20:00 PM
From: gaddis	Respond to of 338

It's something else because this stock originally went on the market at $4.50 back in the early 1990's. I think before getting in one must talk to either Freitag or George Dodge to get a more detailed picture of what they intend to do. I did communicate with them about 10 days ago and they indicated they hoped to be able to meet NASDAQ price and asset requirements this year. Right now, for me, there are too many things up in the air. What are they going to do when the notes become due on Sept. 30 ? Pay them off or convert them ? I know from reading their latest 10Q that they intend to convert the new notes ($500,000). If they do a 1:20 reverse, how many shares will be out- 2 million ? Won't people start short-selling the stock since it will be at $5 ? I really think one has to call the company and find out before going back in.

To: Bill Schrader who wrote (286)	5/27/1998 8:39:00 AM
From: Martin Savitska	Read Replies (1) \| Respond to of 338

Bill, I wouldn't touch this stock until after the 30th of Sept. That's when the convertible notes come due. I haven't read anything to indicate a limit to those notes which in my mind makes them bottomless. So, the lower the stock price when they are converted the more shares can be bought by all owning the notes. I might be wrong. There might be a limit to the conversion price that was stated somewhere. I haven't seen it and I'm not about to go looking. What I'd like to know is, are members of the company eligible to purchase these new notes? Anyone? By the way, Robert Case has got some "big ones" making a statement about the impediment to the company for being a "penny stock". Duh........maybe they shouldn't have diluted the stock three fold over the last year and a half. Oh and now they are going to do a reverse split. I guess that puts the company in a better position make another secondary offering when they need funds to actually start producing the machine for distribution. Sure am glad they're on a firm technical footing, since they knocked the legs out from under my investment.(:>) Regards, Marty