IECS- NASDAQ $0.50 stock won prestigious OIL and Gas... Message Board

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Microcap & Penny Stocks : IECS- NASDAQ $0.50 stock won prestigious OIL and Gas...

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To: Sonny Birbarro who wrote (653)	11/5/1998 4:49:00 PM
From: Bobby Yellin	of 747

Hi- I just tried to find out information from the company this afternoon and was told that the lawyers won't allow anybody to talk right now..I was called back as a courtesy from somebody I have spoken to in past. I think this lack of news is shaking out some weak hands or burnt hands and obviously not attracting any new buyers..how in the world would new buyers even hear of the stock..I was also told that the last time I talked with Jeff..he wasn't allowed to say anything at this time. On the other hand,there was recently a private placement at .45 cents a share for 1/2 million dollars..so this looks like a screaming time to average down...to be able to get the stock for almost half the price of the recent private placement. I wonder if they are not allowed to talk since the four year audit apparently is still going on..don't know what the rules are.. Who knows when the stock will start moving back up again..I have no idea when they will start releasing some more positive news.. So far the only apparent negative for investor already in the company is the shareprice.. rats

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