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Microcap & Penny Stocks : IMDS nasdaq bulletin board
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To: gao seng who wrote (2992)3/28/1999 6:03:00 PM
From: jwk  Read Replies (1) of 4122
 
comnbined q/a posts:

1. Grable should surrender the reversion rights for the patent license that he received under the oral agreement that was never disclosed.

1. So GE can buy the patent to kill the technolofy?

2. Grable should surrender the 7 million shares he received under the oral agreement that was never disclosed.

2. a.) If they weren't disclosed, how do you know about them? Can you provide the links that prove this?
b.) If it is true, then he has even more to lose.

3. Grable should surrender the DOUBLING of his royalty rate under the newly memorialized deal.

3. 2 * 0 = 0

4. Grable should surrender the anti-dilution protection which none of us have.

4. see 1

5. An independent shareholder committee that is NOT controlled by insiders should determine compensation practices and approve transactions with related parties.

5. Aren't board members of any company considered insiders?

6. Executive salaries should be cut back to 1996 levels and all benefits should be frozen until FDA approval is received.

6. If there is a If there is substantial doubt about the ability of the company to remain a going concern, I agree

7. The company should adopt a prospective policy against nepotism and touting in case they have been problems in the past.

7. has there been?

8. The company should make a clear and accurate statement regarding the charges made regarding their history with Lintronics.

8. Relevant, but not material

9. The company should make a clear statement clarifying the international sales timing since the public filings seem to tell a different story than the press releases and message board posts.

9. haha

10. No officer should be allowed to sell stock until after FDA approval.

10. per SEC?

11. A committment must be made never to sell guaranteed profit convertibles to entities owned or operated by insiders or their relatives

11. per SEC?

12. The company should simply admit the Deb relationship if it is true. IF so, they should explain why they have denied it in the past.

12. why is this material?

13. The company should commit to spending less resources on trade shows or other STOCK SELLING EFFORTS and should focus more time on the FDA, improving the product, and generating overseas sales.

10. per SEC?
11. per SEC?
12. why is this material?
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