I'm still skeptical of the DWM claims, as I have been for a long time. Take a look at the company's last 10KSB and see how cautious they've become about the DWM claims. Now, they are "purporting" to have developed a high speed modem. Please refer to my message Message 2769545 which also has a link to the actual SEC document.
I think that what we are seeing now is another example of how the stock price for IAUS has been manipulated in the past. If you want to see suspicious activity in IAUS stock price, please look at the monthly price information below, provided by Prophet Information Services. Whoever bought all those shares in July 1995, at prices ranging from 5/16 to 95 cents a share made a killing on the stock price's run-up before the "demo" in June 1996 that never occurred.
Paul McGinnis
============================================================= INTERNATIONAL AUTOMATED SYSTEMS
Ticker: IAUS
Date Volume High/Ask Low/Bid Close -------- ---------- ---------- ---------- ---------- 12/30/94 0 0 3/8 0 1/8 0 1/4 01/31/95 2,490,000 0.30 0 3/16 0 1/4 02/28/95 7,210,000 0 1/4 0.15 0.15 03/31/95 10,190,000 0 1/4 0 3/16 0 1/4 04/28/95 9,960,000 0 5/16 0.20 0 1/4 05/31/95 8,480,000 0 3/8 0 1/4 0 1/4 06/30/95 9,320,000 0 3/8 0 1/4 0 3/8 07/31/95 32,160,000 0.95 0 5/16 0 5/8 08/31/95 6,860,000 0.80 0 9/16 0 11/16 09/29/95 7,990,000 0 3/4 0.45 0.60 10/31/95 12,040,000 0.85 0 1/2 0 3/4 11/30/95 35,790,000 19 0.60 12 12/29/95 10,470,000 21 11 1/2 19 01/31/96 19,150,000 22 12 1/2 17 02/29/96 22,330,000 21 1/2 16 19 7/8 03/29/96 25,570,000 43 19 25 1/2 04/30/96 17,960,000 47 1/2 25 1/2 44 1/2 05/31/96 24,770,000 57 33 52 06/28/96 54,700,000 54 10 17 1/2 07/31/96 49,127,200 29 1/2 9 1/4 14 1/4 08/30/96 311,000 14 3/4 9 3/8 10 3/8 09/30/96 606,600 11 4 1/2 8 1/4 10/31/96 179,400 9 6 7/8 7.51 11/29/96 308,300 8 3/8 4 7 7/8 12/31/96 302,200 8 3/8 4 3/4 6 7/8 01/31/97 299,400 8 1/4 5 1/2 6 1/2 02/28/97 223,100 6 1/2 5 1/8 5 1/4 03/31/97 323,900 5 1/2 2 3/4 3 1/4 04/30/97 208,900 5 1/8 3 3/8 4 05/30/97 356,200 6 1/2 3 3/8 4 5/8 06/30/97 257,300 4 1/2 2 3/4 3 3/4 07/31/97 245,300 4 2 3/4 3 3/8 08/29/97 200,700 3 1/2 2 5/8 2 3/4 09/30/97 222,800 3 1/16 2 1/2 2 11/16 10/31/97 277,200 2 3/4 1 11/16 1 7/8 11/28/97 298,900 2 1/8 1 3/4 1 7/8 |