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Microcap & Penny Stocks : IMMD - ImmuDyne
IMMD 0.215-2.1%Jun 21 5:00 PM EST

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To: Luce Wildebeest who wrote (1068)6/17/1997 3:54:00 AM
From: JP Jouver   of 1249
 
Cal (and others),
I don't know what to think about this---it is HIGHLY irregular. I have never heard of a plaintiff company trying to solicit individual investors to needle another company which they have embroiled in litigation. That alone sounds screwy. I see 3 possible scenarios:

1--the note is a fake. Unlikely, since the wording is so specific and even mentions a case #; it would be too easy to verify tomorrow.
2--the note is real and Carmel is trying to sink IMMD. Also unlikely, since Carmel is a major shareholder and would probably not want to jeopardize a serious case with this kind of info leak. Which leads me to....
3--the note is real and represents an attempt by Carmel (or some other entity) to distress IMMD. Possible, especially if the legal case was not as sound as it could be. Perhaps Carmel has been jerked around by IMMD and is doing a little reciprocal jerking???

In short, I really don't know. But the above are my initial thoughts. To be honest, I wouldn't mind a pullback either, as I have sold most of my holdings into this run as well (looking to buy back later). We MUST find out about the status of this restraining order (has anyone tried to order Macroforce recently?), as it is the most damning portion of the e-mail. Also, I am very concerned as to why Peggy did not respond to Irene's e-mail. If the suit was frivilous and predicted to blow over quickly, I could see IMMD not making a statement right now.....but since Irene already had the legal info, I would think that some quick damage control was definitely in order.

Tomorrow should be interesting....

Jape
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