IECS- NASDAQ $0.50 stock won prestigious OIL and Gas... Message Board

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Microcap & Penny Stocks : IECS- NASDAQ $0.50 stock won prestigious OIL and Gas...

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To: Bugsy who wrote (257)	3/16/1998 2:47:00 PM
From: Lou	Read Replies (1) of 747

How do you arrive at a book value of $.25. From my understanding the company has not released a quarterly or annual report in more than 18 months and even the reports that have been released have been unaudited. This means that the authenticity of the information has not been verified. Anyone investing in this company should take caution, the numbers are not always as they appear and they have not performed successfully either. They are not even a reporting company something in which they have promised to do for over two years.

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