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Microcap & Penny Stocks : IASCA - IAS Communications Inc

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To: kblaine flaherty who wrote (10)10/9/1996 4:07:00 PM
From: bob conklin   of 365
 
The military may be an early implementor; I think the Navy conducted the marine test mentioned; but IAS does NOT hold the rights to military applications. Dr. James Smith, owns them in a private company. He is director of tech research at U of West VA where this discovery was made. He also owns 3 million IAS shares as does John Robertson, CEO. One reason I like IAS better than Reg Tech which I bought first and still own, is the collaboration with Dr. Smith. Robertson had to give up a lot to Smith for the rights, it doesn't smell like a phony deal from "Scamcouver" like Reg does. I think testing is going well at Reg, but it bothers me the share price keeps going down. Another advantage to IAS is the antenna will be quicker to commercialize, and easier to set up manufacturing. As posted earlier, used in PCS and cellular would mean a smaller battery is needed. The post from Bloomberg was a good summary of what the claims are and where the testing is. Thank you. Share price is benefiting from small float, maybe. 7 mill or so, 6.4 mill closely held. Private placements done at .40, .75, and 1.25 are restricted stock for 2 years, the last one at 1.25 was done in March. Good luck to us all!
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