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Microcap & Penny Stocks : IMES

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To: don denson who wrote (1751)8/4/1998 3:26:00 PM
From: Kenneth  Read Replies (1) of 1901
 
Don,

This is getting interesting indeed. The selling of IMS's intellectual property to another company without the consent and vote of the shareholders should make the transaction void. (correct me if I am wrong). Provided that the transaction was made before the bankruptcy filing, I don't remember IMS had issued any statements regarding this sale to the public shareholders. I am very surprised to hear MArk Haines at CNBC this morning to mention about the lawsuit and also International META systems. Wow, 500 million just for one patent. Frank, please don't tell me the IMSLIB is worth only 500K.

Men, I don't know what to say about this IMS board. They all deserve to go to jail. (just my opinion)

Oh, where is the money they got from the transaction and how much did IMS sell it for? I am very curious to know.

See Ya!

Ken
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