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Microcap & Penny Stocks : IMES
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To: Kenneth who wrote (1743)8/4/1998 6:45:00 PM
From: Young, Smith & Associates  Read Replies (1) of 1901
 
Hello IMES Thread:
I know you haven't heard from me for a long time. But now after 4 months since my resignation from IMS I don't feel the inclusion of my good name is appropriate. I have never stated my opinion of the ongoing circumstances at IMS publicly. However I will defend my personal position and the role I played at IMS. I was an employee of the Company and worked very hard to support the shareholders. I executed my job to the best of my abilities and when the ultimate plan to move the major assets of the Company to a private entity was revealed I resigned. I was offered a job in Texas but refused, as I could not morally nor ethically support such a strategy. I took direction from the officers of the Company and performed all tasks relative to the investor relations function. I support a large family and the decision to resign meant forgoing a secure income and all the benefits associated with a corporate position. I did become emotionally involved with many of the shareholders of IMS and do sympathize with your current situation. In fact I was a holder of IMS securities which I still have and they are completely worthless. I had hoped this would be my long-term financial security as all of you did and I am disgusted at the proposed outcome. I supported the shareholders in every meeting in which I was involved with management, the Board of Directors and potential investors. If you have further questions please post, as I will respond responsibly.

Bill Young
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