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


To: Darryl McSherry who wrote (6593)7/7/1998 5:11:00 PM
From: LT  Respond to of 19331
 
Hi Darryl,

Thanks for the post on the 14a......there are also 8-k's and S-8's
that were filed today. The S-8 is the registration of the shares
provided to corp officers through option exercise. Of the 247,000,
Mr. Murphy accounted for 200k. I was talking to him when this hit
the wires and he told me that he collateralized his shares for a
home loan. He did that rather than sell them at this ridiculous
price. He also reiterated to me that he will not be selling any of
his shares until the game is over. He did say that there will be
several more filings as the officers continue to execute the options
they have earned.

The 8-K that was filed is the fulfillment of the escrow between
Muller and DCI. It seems that everything was placed in escrow and
now that DCI has fulfilled our part of the bargain by buying these
shares, they are now being sent to our lawyers for return.

Fishless but not golfless,

Lou



To: Darryl McSherry who wrote (6593)7/7/1998 8:32:00 PM
From: JOE MEDSKER  Read Replies (1) | Respond to of 19331
 
<<<<DCI just put out a form 14a to announce the shareholders meeting>>>>

DM,
Between the 14a and the update on the hot line last Friday, I would say the company has now officially posted the date of the annual meeting. I hope we can now put this issue behind us.

Best Regards