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Microcap & Penny Stocks : IDMC Waste disposal or just garbage?

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To: IDMSTINKS who wrote (887)8/27/1998 1:26:00 PM
From: DD™  Read Replies (1) of 972
 
Thursday August 27, 12:03 pm Eastern Time - Press Release

PR Newswire

IDM Stock Hits All-Time Record Low

Stock of IDMC hit all-time record lows this morning amid investor fears that IDMC's announced contracts will not materialize, and that the continued staggaring operating losses and share issuance/earnings dilution will continue.

IDMC hit a low today of $.75, down from its 52-week high of $8.625. This represents an unprecedented 91.3% loss from its 52-week high.

This deterioration in IDMC's stock price has been due to a failure of IDMC management to secure financing for the numerous bogus contract announcements they have made over the past year.
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