SI
SI
discoversearch

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 : IMXS is back and CLIMBING!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TickerTalker who wrote (1135)5/2/1997 12:11:00 PM
From: Gary Walter   of 1303
 
TT, HERE IS MY THEORY OF THE IMXS RIP-OFF!! (I also posted this on the GIFS thread).

This is all speculation on my part

I believe GIFS does not have any shares of IMXS. They sold them on the open
market. It cost them nothing to exchange restricted GIFS (wothless) shares and then
took the IMXS shares and resold them right back on the open market. If this theory is
correct, they probably pocketed $1 - $2 million dollars. It would also explain the
strong price decline since IMXS was taken over by GIFS. You better find out if
GIFS really has those shares!!!


All the best, Gary
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext