International Automated Systems Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : International Automated Systems

IAUS 0.0400

0.0%

Jul 8 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: The Money Doctor who wrote (1548)	6/11/1999 2:14:00 PM
From: paulmcg0	Read Replies (1) of 7618

At this time the Company is not generating sufficient funds to sustain its operations. That quote is from the last SEC 10-Q filing from IAUS. (The last 10-Q is online at sec.gov and the last annual report (10-K) is online at sec.gov ) So, let's take a look at IAUS the wonder company. According to their last filing, they had total revenues of $13,510, despite going public in April 1988. (You would have thought the company would be bigger by now!) They just settled a shareholder's lawsuit over the bogus DWM claims for more than $170,000, but meanwhile, the SEC is seeking 3 million dollars in penalties from various people at the company, particularly Neldon. These kinds of things sure give warm feelings to rational investors!!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next