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Microcap & Penny Stocks : IMDS nasdaq bulletin board

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To: Rayja who wrote (3805)	10/19/1999 6:17:00 AM
From: tonto	Read Replies (1) of 4122

At least it is complete... Interest expense is excessive, but they do have a nice $50,000 phone system... ITEM 9. DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CONTROL PERSONS; AND COMPLIANCE WITH SECTION 16(A) OF THE EXCHANGE ACT. The following table sets forth certain information concerning directors and executive officers of the Company: NAME AGE POSITION Richard J. Grable 57 Chief Executive Officer and Director Linda B. Grable 62 Chairman of the Board and President Allan L. Schwartz 57 Executive Vice-President, Chief Financial Officer and Director. Richard Grable, Allan Schwartz and Linda Grable are founders of the Company and as such may be deemed "promoters" and "parents" as defined in the Rules and Regulations promulgated under the Securities Act, as those terms are defined in the rules and regulations promulgated under the Securities Act. Directors serve until the next meeting of shareholders. Officers serve at the pleasure of the Board of Directors. (ggg)

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