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Microcap & Penny Stocks : IMES

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To: Frank who wrote (1738)8/3/1998 1:17:00 AM
From: Rich K   of 1901
 
In response:

""Note the date of the EDGAR, over a month ago. This is the
reorganization plan, as far as I can see.""


Frank, it was just recently put on edgar (after Jul 23). There are those out there that haven't seen it. This is the first time I have been able to put a link to it. Unfortunately,still not all shareholders know what has happened. Seeing it in black and white will surely light a fire under them.

Snip""This is the
reorganization plan, as far as I can see. If you read it it
says (to me, anyway) You have X dollars in debt, you have Y
dollars in assets, and if you sign over your assets I will cover
your debts. Otherwise, ciao. Where is the 'conspiracy'?"" ""Snip


If you were a shareholder with everything to lose (I know you have some shares), you would read it differently. I don't believe the X Dollars and Y dollars have been truthfully represented. You really don't believe its as simple as that, do you? You obviously haven't been following the events of the personalities involved.

Snip "Companies
are formed all the time to buy and sell assets of other companies.
This transaction was approved by the IMS Board." Snip


Is it commonplace that it's done by those who a few days earlier were ON THE BOARD???????

Snip" "Is this the first awareness of this information on this thread? "Snip

For some, it may be. Not for me, though... I was in the courtroom on June 22. I saw everything with my own eyes, and it only strengthend my pursuit of justice.


Snip "The comment period is roughly half over! If you have an alternative>
reorganization plan, with check, now is the time to make it known
to the court." Snip


See post 1739
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