IMMM ( I'm Mad Monk) Message Board

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Microcap & Penny Stocks : IMMM ( I'm Mad Monk)

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To: Tummus1 who wrote (815)	5/17/1997 4:01:00 PM
From: Zeev Hed	of 1480

TWEST: Well: I am not sure at this point. It looks as if they have enough left over from this funding for half a well? I still do not know if this company has a total of 20 MM shares or 100 MM shares outstanding. I am told that there is only 5 MM in the float, but I understand the Doctor has 6 MM and Boonen has 5.5 MM, does that mean that there are just 17 MM shares outstanding? How much money was raised before that $1.25 MM in debt and what is the burn rate of that money (with and without drilling). We are now passed mid May, it is surprising that in face of close drilling results the stock has tanked so much. Couyld it be a dud? The rise late Friday was on ridiculously low volume, most of the volume was at $.14. To me it still looks like, walks like and quack like a duck. Do not forget, I have some GRNO which surely looked legitimate, and now appears to be under a cloud. Heck, they even had a profitable quarter. Any additional elucidation of this crazy animal would be appreciated. Zeev

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