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Biotech / Medical : Lidak Pharm. [LDAKA] -- Ignore unavailable to you. Want to Upgrade?

To: donald barton who wrote (853)	1/16/1998 11:26:00 PM
From: John Zwiener	Respond to of 1115

Hi Don, Well put, insightful, precise, nicely thought out, and diplomatic. The keystone paragraph for those wanting an approach to question and understand what is going on. Thanks.

To: donald barton who wrote (853)	1/16/1998 11:39:00 PM
From: Henry Volquardsen	Read Replies (1) \| Respond to of 1115

Donald, I spoke with someone at the company this afternoon and was unable to get much information. From what I was able to piece together I get the impression that this is a very recent dvelopment. I do not believe the terms of the financing has even been communicated to the company yet. I believe we still need to see a lot of details on this. I will be able to speak to someone tomorrow who may know more about HealthMed. But the long and short of it is that as upbeat as I remain about the prospect for Lidak's product development I am beginning to feel very uneasy about the financing. My concern is that this has in fact not been 'cooking' for some time but is something put together very quickly. We need more answers and we need a shareholder vote before any dramatic changes in the structure of the company. Henry

To: donald barton who wrote (853)	1/22/1998 2:04:00 AM
From: Charles Holewinski	Read Replies (1) \| Respond to of 1115

Seems like we are still dealing with a CEO who doesn't want to tell the stock holders the whole story. On wonder this stock has not moved. There have been so many disappointments with this company in the past no one wants to put their money into this queationable situation. Now we don't know what exactly HealthMed can or can't do once they take over. It seems to me that each share of stock should get equal treatment. How can those hold 51% of the stock expect to get all the money Lidacol will earn and not share it with those of us who own the other 49%? What is ment by VOTING SHARES. I thought that all the common stock in LDAKA were voting shares. I did not understand that there were several classes of stock in this company.