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


To: James Harold Alton who wrote (16242)5/9/1999 3:00:00 AM
From: Parker Benchley  Read Replies (1) | Respond to of 19331
 
*Late Night Thoughts At Large

>>>Unless I am missing something (always possible (GG)) it looks to me like some of the officers have been putting up their own personal shares as collateral to infuse capital into the company.<<<

Sage James,

Indeed and forthright! Just as we've been told by the DCI home office and a collection of nice Joes. <g>)

IHVHO-The SEC is a simply a government monitoring agency with all the politically human intrigue that one runs across in any governmental bureaucracy or private corporation. By nature, it is (subjectively) a parallax one of disposition depending on which side of the fence you happen to be on at a particular time. It just "is" and despite the anxiety and ambiguity in any federal agency with the power to veto, we must learn live with it in harmonious dissonance like the IRS, Commissioner of Commerce, (for those of us that are licensed by the state) commercially programmed TV and fast food. There's good and bad and the results are much determined by our intent and approach.

The only thing I'd say is that it's not wise to fool the SEC by wasting their time with false or tepid accusations that lead to unwarranted investigations. That's a sword that could turn into a guillotine boomerang of high velocity. Ow and.....oy!

I feel DCI is to commended in the first rate way they've kept their shareholders informed with as much clarity as possible since this alleged accounting impropriety arose last week.

When there is integrity, truth can't be suppressed for any large period of time. People have a collective, inner sense of knowing what is right and unmasking the pretenders. I trust that philosophy now...and will be holding LONG on DCTC until I feel otherwise.

Onward,

George



To: James Harold Alton who wrote (16242)5/9/1999 6:08:00 AM
From: Baldwin  Respond to of 19331
 
James, I thought so :) just wanted someone to confirm it (VBG).

"Unless I am missing something (always possible (GG)) it looks to me like some of the officers have been putting up their own personal shares as collateral to infuse capital into the company."

P.S. to "Bob"...my mistake, and my apologies for inferring otherwise!!!!



To: James Harold Alton who wrote (16242)5/10/1999 11:06:00 AM
From: Steve W.  Read Replies (1) | Respond to of 19331
 
No significance to the form 5's recently filed? How about the last paragraph on some of these?

James,

The paragraphs you refer to, I believe, are in reference to the shares the company put in escrow as collateral for the switch financing. These transactions were previously reported in the S-8 filed on 4/13/99.

Since this was known previously, and the Form 5's are a routine annual filing, I didn't consider the filings of the Form 5's as particularly significant.

Just clarifying my comment. Please correct me if I am wrong. <ggg>

Steve