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

To: Frantz Jean-Baptiste who wrote (2399)	11/14/1997 12:49:00 PM
From: Bill Pearson	Read Replies (1) \| Respond to of 3358

I am standing pat. I have no intention on doing anything, either to buy or sell INCE shares, until I can determine if Paul is or isn't able to raise the private placement money Sigma 7 needs to move forward. They remain opimistic they can do so, but there have been delays in their ability to succeed in that effort. In my opinion (and everything I post here is simply that), Sigma 7 remains the key to INCE's future (given my present knowledge about the entire situation). The situation remains dynamic, and we're continuously getting more information about the entire scenario, so tomorrow I may come to a different conclusion. As far as Paul goes: I still have faith that he can and will do what he says he's going to do, and I still hope therefore that I will achieve a good return on my investment in INCE. I just wish INCE would simply "operate" their subsidiaries...by letting let them run for awhile, letting them get up to speed before they start giving away, or selling parts of themselves off to do yet another deal. The shareholders deserve to receive benefit from the time and money they have invested into INCE, and I for one would like to see all the structural gymnastics stop for awhile. Again, I remain a INCE shareholder, holding 75,000 shares @ $0.99/share. If the price drifts down in the next 30-60 days and I am able to confirm Gil Olachea has rec'd the lump sum capital infusion he needs to implement his plan, I'd consider buying more shares if I had the money (and others may consider the same if the private placement money comes in and the effect of the Series B and C share conversions have already been felt). I wouldn't invest new money in the company if these two factors can't be confirmed.