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Non-Tech : PDCI - PDC INNOVATIVE INDUSTRIES INC -- Ignore unavailable to you. Want to Upgrade?

To: xclently who wrote (7)	7/7/1998 1:32:00 PM
From: xclently	Respond to of 70

Comment and Correction:PDCI suffering, but not for long... new market makers coming in soon and hearing some good things... Correction from previous post>>> >>>In February, 1998, the Company entered into a contract to purchase the equipment of the Schubert Machine&Manufacturing Co. for cash and stock. The terms of the purchase was$1,000 upon the signing of the agreement and $119,000 payable within ninety days of the date of contract. The remaining $130,000 is to be paid with 26,000 shares of P.D.C. restricted stock within ninety days of its effective trading date. The restricted stock has a provision that allows Schubert Machine & Manufacturing Co. to liquidate $50,00 of the stock if the Company vacates its premises within two years of the purchase agreement.<<<< [end of excerpt] The 50,00 should be 50,000, just to avoid confusion... To those who bought on the runup...you still got in at a lower price the some of the 504 investors. when the buying kicks in, this will move very quickly