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Microcap & Penny Stocks : IMDS nasdaq bulletin board
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To: kenita who wrote (3022)3/29/1999 11:22:00 AM
From: kenita  Read Replies (1) of 4122
 
Quote from Miami Herald on February 22, 1999:
"Since its inception, IDS has lost $28 million. It has no venture capital backing, no credibility in the U.S stock market and no deep-pocketed partners. In the past three years, most of IDS' cash infusions have come from off-shore stock offerings that give hefty discounts to foreign buyers of stock."
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