INCE - Intercell info??? Message Board

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Microcap & Penny Stocks : INCE - Intercell info???

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To: Mr. K who wrote (3335)	1/21/2000 8:45:00 AM
From: Scott H. Davis	Read Replies (1) of 3358

Mr. K. History may prove illustrative. INCE once before arrainged discounted convertable financing, a flood of shares hit the market (probably including a lot of "shorting against the block") and share price tumbled. If my memory PM was involved in the arraingement. He certainly was behind the INCE/ITCO split where distribution of ITCO shares a year after the plit was promissed to INCE shareholders (never happened). Then once before NPCT arrainges financing, the Ravers go wild even while reminded by me about the experience with "death spiral" financing, price zooms up to about $5.00, and once again, a flood of shares hits the market, and price crumbles to about .25. At least the terms of the financing were disclosed the 1st two times. No details this time. Wonder if we might possibly be looking at another "death spiral"? Consider yourself warned. I sold my last during tax loss selling, so I can't be screwed by them again. IMSCO Scott

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