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Microcap & Penny Stocks : Dynamic Information System & eXchange, Inc. (DIXS) -- Ignore unavailable to you. Want to Upgrade?


To: H-Man who wrote (875)8/6/1998 3:51:00 AM
From: Lawrence Burg  Read Replies (1) | Respond to of 1084
 
I'm not about to stand up for Marchant. Initial optimistic digs about DIXS have disappointed.

I also appreciate your conservative posture. But, from what I recall reading, you're fairly astute. Do you mean to tell me you'd risk taking a bath somewhere on a 60% spread because "debenture" was mentioned.

I'm not flaming, believe me. Just trying to keep a level head. It's obvious that any form of equity finance is dilutive, by definition. Effects will depend on the terms, and investors. I agree that it's an amateur move to mention something like this, after a long silence, w/o explaining it. My worst suspicion is that Marchant is trying to cover his ass somehow, but it's only a fringe theory.

Regardless, no moves for me until I do investigate. No jumping out the window. I also won't go so far as to suggest others have been suckered.

The market action, or lack thereof, certainly does not reflect the end of the world. I'll allow you to reverse to old American premise of "innocnet until proven guilty", as we're dealing w/money & markets, BB no less, but I haven't left the courthouse yet :-)



To: H-Man who wrote (875)8/6/1998 9:22:00 AM
From: Jim DH  Read Replies (3) | Respond to of 1084
 
Harry,

Don't accuse me of screaming chicken little because this is bad news. Period.

I have no problem with your news, your DD, or your integrity, but rather the tactic:

CONVERTABLE DEBENTURES !!!!

THIS SUCKS !!!!


Newbies who have no idea what we're talking about may bail at a huge loss because of your hysterics, and we may find out that the significant damage from them was already done before we even knew of a company called DiSX.

Go ahead, flame me. But before you do, prove what I have said is wrong.

Re-read my post. I don't recall disagreeing with you.

Post all you want. It will be meaningless unless the SEC filing backs it up.

Baloney. Independently audited financials will say as well. Auditors endorse a company's financials under penalty of perjury .

Look, I have no interest in a flame war, and you can have the last word now if you choose.