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Microcap & Penny Stocks : IMDS nasdaq bulletin board

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To: Bob Pressler who wrote (250)3/1/1997 6:50:00 PM
From: mark grudecki   of 4122
 
Folks:
Just want to clear up what seems to be a misconception. The message I posted about people calling CBS was not my words or my opinion. I simply copied the words of Marge Adelman who originally posted it on the AOL Company Research Message Boards.
The message did seem kind of rude in both tone and content as Michael Reilly stated however its important to note that this was not a "Press Release" by IMDS, it was simply a message from someone who is employed at the PR firm that IMDS retains. Marge Adelman is a frequent poster on this board (AOL board, that is) and I dont doubt her Identity.
This post did seem to make some sense to me as I live very close to IMDS' facility and get to see IMDS hysteria first hand as many potential investors want to get as much info as possible (dont we all). However, I must disagree with Michael's statement that the IMDS website hasn't been updated since June of last year. In fact this site has undergone a drastic change within the last month. Under the "Stock Info" icon there is a stock quote dated 2/28 and there is also a "press release" dated 2/4 available under the "press releases" icon. The section not updated since 6/96 is the "status report" section...the funniest part is that under this pages heading is the statement that "This section will be frequently updated"
I dont question why Michael pulled out of IMDS as anyone who has been with them for any length of time will tell you that sometimes what they (IMDS) say and what actually happens are two different things. However, cultivating a new technology such as the CTLM machine isnt a speedy process and I know that IMDS is not deliberately trying to mislead investors. As the IMDS roller coaster ride continues I will remain long on this co.
Best of luck to Michael whether he decides to get back in or not...hopefully he will as his insights are very enlightening.

Mark Grudecki

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