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Microcap & Penny Stocks : IMMM ( I'm Mad Monk)
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To: Jay Maitland who wrote (381)3/30/1997 10:41:00 AM
From: Navigator   of 1480
 
Happy Easter all. Nice job Jay of digging up that patent. Thanks Martin, Per and Gerry for your comments. It's nice to be excited about the emsounder technology, but to also keep a little healthy skepticism.

I, like Martin, have 10k shares in IMMM. I think the risk/reward of IMMM is well worth it. I certainly want more, but will wait until we hear drilling results.

Everytime I have some doubts with IMMM, I check out the credentials of Dr. Stamm. This is not some smuck without scholarship. He has devoted his life (along with a considerable amount of money) to develop this technology. He shelled out a great deal of his own money with UPR to survey their land. This shows to me a tremendous amount of confidence in his technology. It was after Dr. Stamm ran out of money on the UPR deal that IMMM got the rights to the emsounder.

The company has been very forthright with information. They have described the limitations of the emsounder (ie salt water, clay). They have not hyped the stock. They have published scans of the UPR property in Colorado on their website. Mr. Boonen has responded on this thread to some skepticism on the emsounder technology posting the phone number to speak to Dr. Stamm directly.

In conclusion, weighing the risk and reward with IMMM, I am VERY HAPPY with my current position. IMHO, I believe our faithfullness and patience will be rewarded handsomely in the coming months. Good luck.

Craig

PS Per...Good luck with HVSF. I am in on Harvard too.
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