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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: paul gambuto who wrote (287)10/17/1996 9:34:00 AM
From: Irene Lynn   of 1249
 
Paulie...It's hard to speculate. First of all....he can't buy the company...he's not the major shareholder...Carmel Research is with about 7 million shares. He can just continue to be the pest he is...manipulating it. I agree that's a lot of money and why would he sell it just to do this. If you are able to see the shares, you would see...anywhere from 100 - 10k sometimes being sold at these low prices or at times when it doesn't make sense to be selling...he can afford that. Guess in the lawsuit he wants the company. So the key here is would he get it. Reading the lawsuit which anyone can get a copy of if you call Peggy, you would see this guy doesn't appear on the up and up. But as shareholders, it's just a matter of time. Lawsuits can be dragged out. That's not unusal. But sales are there and are growing and that you can't forget. It just keeps our expectations more down to earth while this lawsuit is pending. I'm here for the long haul and will trade portions on any opportunity while this lawsuit is still there. But at the same time, there's so much in the fire with this company, that next year, maybe in 6 months or less, we should see $2 easily. So at these prices, it's a bargain to more than double your money.
Irene
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