IMXS is back and CLIMBING! Message Board

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Microcap & Penny Stocks : IMXS is back and CLIMBING!

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To: Caroline who wrote (1216)	5/10/1997 8:56:00 AM
From: TickerTalker	of 1303

I am assuming that GIFS bought IMXS then scuttled it for profit, used the cash elsewhere. Being a non-reporting company allowed them to neglect the share price with out filing to the SEC etc... My only question is - If they were able to dismantle things so much and display control over operations, why is IMXS STILL a free trading stock and not siezed with the rest of GIFS. What exactly does it mean to hold 51%/66% of a company ?

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