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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: Irene Lynn who wrote (409)12/6/1996 8:21:00 PM
From: Dirty Bird   of 1249
 
Hi Irene. I agree with you on the NSC agreement being a formality. The old contract ran out in November and I suspect NSC wanted to see a resolution to this lawsuit before committing again. Hopefully we'll hear about a new NSC contract shortly and a formal end to this mess.

I'm unclear on Carmel's role in the settlement. While they'll still hold a lot of shares, they're giving up 3M+ shares and taking a lower royalty fee. I don't see what they're getting other than an end to the settlement. What's your take on this?

Jim
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