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Microcap & Penny Stocks : THE NEW ISSM!!!! -- Ignore unavailable to you. Want to Upgrade?


To: The Osprey who wrote (849)7/12/1999 2:36:00 PM
From: Stanley L Brown  Respond to of 915
 
Osprey,

No apology necessary. I'm sorry for any monetary loss you may have because of this, it is not my intention to cause you loss or berate you, I have had no prior "experiences" with Terry only what I was able to come up with when this thread hit the hot topic one day here at SI (must have been a slow day) while I'm always looking for a good trader it caught my eye. After some DD I decided it wasn't for me and only wanted others that where so HOT on it at the time to take a breath and look at it again. One thing for sure you mix money with human emotions and your in for a touchy time. No hard feelings and good luck on your other investments. Just always remember the things you learn along the way.

Happy Trading

Stan



To: The Osprey who wrote (849)7/13/1999 2:09:00 PM
From: Mr. Jens Tingleff  Read Replies (1) | Respond to of 915
 
8-K out from ISSM - killing Datapowermerger, and pointing towards another possible merger.

TYPE: 8-K
SEQUENCE: 1

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): July 12, 1999

Commission File Number: 0-18929

-----------------------------------

INTERNATIONAL SEMICONDUCTOR CORP.
(Exact name of registrant as specified in its charter)

Nevada 13-3432594
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)

11300 W. Olympic, Los Angeles, California 90064
(Address of principal executive offices) (Zip Code)

(562) 425-2376
(Issuer's telephone number, including area code)

N/A
(Former name, former address and former fiscal year,
if changed since last report)

Item 1. Changes in Control of Registrant

The board of directors, after multiple delays and unsatisfied commitments, has determined to cancel the tentative acquisition previously entered into between the Company and DataPower, effective July 9, 1999.

Following cancellation of the DataPower Letter of Intent, the Board then considered a prospective Merger with SemcoLABS, Inc. ("Semco"), a Florida corporation engaged in the business of sanitary testing and compliance in the Food and Beverage industry, with the specific target market of retail food services establishments. Semco is presently working for and negotiating with several major restaurant food chains for weekly compliance testing, conducted on a spot or "no notice" basis, and has two prospective licensees under consideration for the greater Los Angeles and Dallas-Ft. Worth statistical metropolitan areas.

Semco will grant licenses to foreign territories, based upon regulatory requirements existing in those countries and jurisdictions. Currently, Australia, South Africa and Israel are being proposed by foreign corporations as territories to be subject to license.

The Board will conclude its study of the Semco Merger on or before Wednesday, July 14, 1999, and vote for final ratification of the Letter of Intent on that date.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: July 12, 1999 /s/ Robert M. Terry
Robert M. Terry, President

/s/ Jerome Saver
Jerome Saver, Chief Financial Officer