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Microcap & Penny Stocks : INCE - Intercell info??? -- Ignore unavailable to you. Want to Upgrade?


To: jpgetty who wrote (3345)4/18/2000 9:49:00 PM
From: Bill Pearson  Read Replies (2) | Respond to of 3358
 
Just a little bit defensive and emotional for a CEO, don't you think? If the shoe fits,... so the saying goes.

"Despite the often malicious and slanderous criticism directed against my team and me, we are neither discouraged nor dissuaded from pursuing our plan. The negative bashing only hurts the shareholders. Bashing discourages new investors and prompts existing shareholders to sell their holdings. This depresses the stock price making financing more expensive and dilutive to the shareholders. As I have always stated, silent character assassins have never impressed me or my team hiding behind their cowardly cyber anonymity and their refusal to publicly identify themselves. "

This seems to describe the basic thought process of many of the longest standing INCE shareholders who watched their positions in INCE erode away to nothing because of INCE management decisions; primarily the one to move the Nanopierce assets over to Paul's wife's shell. I don't know if it's self-dealing or any other such legal term, but as a shareholder I saw the vast majority of my investment blow away in the wind after the current management team took control. The current explanation of how much money has been put up to try and resolve the mess they seem to have created means little to me as a shareholder. I do not hide behind a cyber identity. I've talked with Paul at length in the past. And I'm simply not impressed by any of what he has done since he took the helm. His efforts, in my opinion, have failed to build shareholder value. And we're a long way beyond the one year time frame he said should be used as the time-line for letting him build a viable functioning company (in INCE) - before INCE shareholders laid judgement at his feet. We're years beyond that, and even NPCT remains a collection of ideas that to date have failed to produce revenues and profits.

"We are available and will talk to anyone if they merely have the courage to call us. Even more importantly, if they are convinced that we are merely engaging in self dealing and profiteering against the Company despite the large sums we have put at risk, then please submit a better plan. "

I remain skeptical of INCE management and their ability to build viable businesses. Anything is possible I suspect, but they're going to have to do much better if they want to attract a new batch if loyalists. If history provides any guidance, something tells me the peanut under the shell will simply continue to be moved, and shareholders won't be the biggest benefactor of those moves.



To: jpgetty who wrote (3345)4/20/2000 11:26:00 PM
From: Scott H. Davis  Respond to of 3358
 
Scam tipoff #1 <<he plan was UNANIMIOUSLY APPROVED BY THE BOARD OF DIRECTORS OF INTERCELL.>> the "board of directors" is PM & hand picked cronies. IN CAPS YET - get real!

item #2,<<With the large number of shares outstanding, the Company faced the virtually impossible task of trying to obtain a quorum of 34,000,000 shares,
from a highly fragmented shareholder base of over 4,500 shareholders just to convene a shareholder meeting. Without the ability to hold a
shareholders' meeting nothing could be done to resurrect the Company. We had to develop a mechanism to assure that we could successfully call,
notice and convene a meeting where we knew we had a quorum and could control the voting power. We estimate the cost merely to have the
shareholders meeting will exceed $65,000.>> no attempt to ever hold a shareholders meeting was ever made, even when there were a lot less shareholders (do to prime tilution at PM's hand)

Item #3, <<After great cost and huge effort we managed to finally bring the Company current in its reporting requirements with the SEC and IRS.>> Who may I ask was negligent in filing? (guess we were negligant in filing suits)

Item #4 - blame shifting/the straw man & red herring rhetoric ploys <<As I have always stated, silent character assassins
have never impressed me or my team hiding behind their cowardly cyber anonymity and their refusal to publicly identify themselves.>> Wonder which has had a more negative effect - posting honest opinions or massive stock dilution and total non production by management of any sales or contracts......... Objective reality is that there is no evidence of any return on shareholder investment to date. (oh, and I use my real name, and have never had another SI acct, but lit's not worry too much about the facts, as I must be a evil, vicious person with terrible motives)

Again, INCE has never made a $. Not a single qtr. Lots of financing, no results. I'll believe it's real when I see an audited financinl IMSCO Scott