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 : Comparator (IDID): Stock Talk Only

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: larscot who wrote (427)11/28/1997 11:30:00 AM
From: larscot  Read Replies (1) of 610
 
For anybody still following along:

10QSB filed by IDID on 11/14 highlights the following with the company, as of 9/30/97:

1) Legal proceedings: Only mention of any "Legal proceedings", is one against the company filed by Michael Blewett.

No mention of the class action filed in 96'...Hmmm.

2) $2500 in cash.

3) $4M in liabilities

4) Salaries of officers deferred

5) Need $500K for "...comericalization of the company's prior technology in conjunction with existing synergistic, state of the art, mainstream, public domain technologies"

- anyone want to comment on what they feel that means?...when they say "company's prior technology", do they mean ID-1 (circa early 80's), or do they really mean the "5000"...?

6) Significant legal issues exist as to the ownership rights to the Comparator 5000 device (shown in 96)

Zzzzzzzzz(hic)........
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext