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Microcap & Penny Stocks : IELSF-Flight to Fortune Or?

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To: SAF who wrote (476)11/3/1998 8:32:00 AM
From: hcm1943  Read Replies (2) of 520
 
What would you have bashed mgt about? Gordon and his team are doing a commendable job when faced with a board headed by POS Geller that has given them nothing but grief. As for loading the software on SIAs planes..., well IEL is ready to load as quickly as SIA will let them and from what I have been told that ramp up should be taking place about now. (perhaps 10 planes by yr end). Keep in mind SIA is the customer and IEL loads the software at SIAs pleasure not necessarily when the shareholders want it loaded.
The share price is without doubt because of POS, Harrahs, Phil Gordon and J Boushey, Three board members and the company responsible for them being on the board. They are responsible for the financing and must take full accountability.
Hopefully there are some VERY large shareholder who have been burned by these incompetents and will take action against these VERY VERY deep pockets.
BTW we have lost about 80 million in mkt value since the middle of July. Trebled, thats nearly 1/4 billlion dollars. Chew on that POS, and pass this on to HETs Mgt.
Yes, I have heard you read this thread.
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