SCROLLING NEWS

SCROLLING NEWS

As IMD was going to press, PC Quote had announced a $5 million cash infusion, but had not released the name of the investor. PC Quote said it had signed a letter of intent with a new investor to obtain a $5 million infusion of capital in exchange for new shares and warrants. In consideration for the $5 million, PC Quote will issue five million shares to the investor, subject to the vendor's right to repurchase four million shares at $1 per share upon completion of a rights offering planned f