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Microcap & Penny Stocks : Universal Medical Sytems (UMSI) -- Ignore unavailable to you. Want to Upgrade?


To: Wizard who wrote (1139)2/13/1998 12:05:00 PM
From: Art C.  Read Replies (1) | Respond to of 1672
 
Wizard---I'm not familiar with the stock, but evidentely the ticker symbol has changed to IIMLD, and this is the only news that I can find on the company:

STUDIO CITY, Calif.--(BUSINESS WIRE)--Feb. 13, 1998--iMALL Inc.
(OTC/BB:IIMLD.O) Friday announced the election of Richard Rosenblatt, chief executive officer, to the additional post of chairman of the board.
He succeeds Craig Pickering who resigned to pursue other
activities but will remain a director and consultant to the company.
Rosenblatt, co-founder of the Internet commerce, education and
services company, served as executive vice president and a director
of the company from its founding in January 1996 until his election
as chief executive in July 1997.
iMALL maintains the largest independent shopping mall on the
Internet, as well as providing Internet e-commerce services, Web site
design, site hosting, and training (www.imall.com).
-0-
Certain of the above statements may be forward looking statements
that involve risks and uncertainties. In such instances, actual
results could differ materially as a result of a variety of factors,
including competitive developments and risk factors listed from time
to time in the company's SEC reports.



To: Wizard who wrote (1139)2/13/1998 1:01:00 PM
From: HG  Read Replies (1) | Respond to of 1672
 
That appears to be exactly what happened. It is now trading under IIMLD. The outstanding shares are listed at 7 million + and seems to have dropped $2 + after its' reverse.

Wizard, if you haven't used Big Charts before I'd recommend it. It's free.

This USMI is a real enigma isn't it.

Glad to have you with us.I'd put another cot in the ward but we shut it down.

Regards,

HG

P.S. Could it be that we'll have to reopen it. Nah, that's too much to ask.