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Gold/Mining/Energy : Innomat Solutions Corp (INAT - was Stackpal, STAX)

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To: Maurice Siu who wrote (379)7/15/1998 1:10:00 PM
From: twentyfirstcenturyfox  Read Replies (2) of 580
 
To all - Kavanagh was in the UK, I believe, trying to drum up financing. Yes, it is worrying that they appear to have been unsuccessful at this. But, remember, it is a small cap Canadian innovative company - so what do you expect.
Some thoughts -
We all have 4 choices here:
- sell into the market and basically lose most of our money;
- hold and hope;
- average down;
- number 4 - I dont like any of the above - but since I believe in the company, I will hold and try to support the company, and improve the chances of seeing my investment survive and prosper. To this end, I am suggesting to Kavanagh that the company look to raising financing via the Net.It has been done before - much to the chagrin of the Bay Street boys.
If 200 investors are willing to invest another $5,000 each
( or 100 times $10,000) - you have $1 million flowing into the company to boost working capital.This requires due diligence work, of course - I am not suggesting we throw caution to the wind. But damn it all, I believe in the right to create success - and I would hate to see this company fail , right on the doorsteps to success.

Soooooooo any more optimists out there on the thread?? PLEASE POST YOUR THOUGHTS. Also, does anyone follow other investor chat sites with a chat thread on INAT - please advise.

And do this anyway - lodge a complaint with your MP - better the parliamentary review committee of the big bank mergers - as to how come they have the money to go out and buy banks in the Phillipines, Mexico, and loan money all over the world to worthless economies with crony capitalism - and choke off our home - grown
businesses, etc ........
Thanks for your time and consideration. Don.
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