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Microcap & Penny Stocks : IMDS nasdaq bulletin board

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To: gao seng who wrote (3018)3/29/1999 10:15:00 AM
From: kenita  Read Replies (3) of 4122
 
Quotes from Miami Herald on February 22, 1999:

"In April, 1998, IDS said it expected $66 million in revenue and $32 million in pre-tax profit from the machine in the year ending June 30, 1999. Now the company says it will need $8 million in financing to get through the next two years "to complete all necessary stages in order to enable it to market" the machine. Yet it insists it will still achieve the revenue and profit forecasts, this time by June 2000."

Now that's a laugh out loud
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