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

To: Jim DH who wrote (878)	8/6/1998 11:46:00 AM
From: H-Man	Respond to of 1084

Hysterics ? so be it .

To: Jim DH who wrote (878)	8/6/1998 11:09:00 PM
From: Ravi Ratnam	Read Replies (1) \| Respond to of 1084

You called it right Jim.. Hysterics...that's what it is. Here is the Scoop Folks DIXS has about 15 mm shares outstanding. The float is only about 1.6 mm. The rest of the shares are closely held by insiders and their family and friends. As for convertible debentures as pointed out in the press release most of them were converted to common in late 1997. Only about 1 mm shares of debentures are yet to be converted. Therefore on a fully diluted basis DIXS will have a total of 16mm shares outstanding .. Debentures were sold at a fixed conversion rate of $0.25 and $0.50.The remaining debentures will probably be converted when the price moves above 0.50. I have been informed the debentures were sold to immediate family and friends and therefore the conversion did not add to the float.These folks intend to hold their shares for the long haul.No wonder the stock price gapped 50 % on only 36k volume today. The financials for 1997 will be out this Friday. NOW FOR THE GOOD NEWS. As you all know DiSX is partnering with local television and radio stations to create and promote Internet career centers.There are about 200 of these stations.Rather than going after one station to the other DIXS is making a MAJOR change in their marketing strategy so that they can sign up in groups. THIS IS HUGE... It pertains to new business expansion.THE CEO AND CFO are both currently out of town. They are meeting with a group of overseas businessman. These folks are very impressed with the internet database technology DIXS posses. A major announcement is forthcoming in the next several weeks. GO DIXS and TEXN P.S Please do your own due diligence.