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Microcap & Penny Stocks : IMXS is back and CLIMBING!
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To: David Pesetsky who wrote (1168)5/4/1997 4:16:00 PM
From: James T. Millican II   of 1303
 
I think your views of this company are skewed by your investment and your desire to have it be successful. If GIFS has no assets as is being speculated right now, what makes you think that IMXS has any assets? Have you seen anything to suggest that there is anything of value in IMXS? All I've really heard about IMXS is that there is a large creditor who has a stranglehold on IMXS and that it can't go back into business until that problem is resolved. If I recall correctly, every location was leased and nobody has visited any place where any remaining equipment may be stored. Succinctly, I have seen nothing to show that there is anything that could be sold by the shareholders of IMXS, should the shareholders decide to liquidate the company. Dave, be honest, you have been the lead cheerleader on this stock and you have no specific information on its operations other than the fact that it is not operating.
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