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Microcap & Penny Stocks : IAPI - TV Terminator

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To: George Burdell who wrote (91)10/30/1996 3:32:00 AM
From: Bruce Brantman   of 97
 
Has anyone here actually talked to Sheldon Silverman? Or visited their company in Las Vegas? I think these products do have a chance of becoming winners, but I would like to know whether or not the entire company is a scam. These things bother me: 1) The PR from the company says that TVT's were given out to Arnold S., Oprah, Men Behaving Badly etc... but where does it say that any of these TV shows actually showed the products? They talk about the Home Shopping Network, but it turns out the "DOWN Home Shoppong Network" is the company that is shooting their infomercial. Also, the last press release claims that a $400K loan is being 'finalized'. Shouldn't they have waited, and released the news when the loan was actually completed? Also, they claim their products are unique, yet I have seen similiar products in catalogs (I saw a Star Trek Phaser Remote Control recently).......... I possibly have bought more IAPI than any of you (I'm actually embarrassed to say how much), but all of us need to know more about this company. Again, if sombody has actually spoken to Mr. Silverman, please post what you have learned.
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