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Microcap & Penny Stocks : GIFS -- Ignore unavailable to you. Want to Upgrade?

To: Ken Todd who wrote (7252)	2/27/1998 12:47:00 PM
From: campe	Read Replies (1) \| Respond to of 8012

Ken, what ever happened to IMXS? Who got the shares that GIFS owned? Was there anything ever there and is anything left to salvage or is it just a shell? And as a shell, does it have any debt associated with it or was it absorbed by the GIFS fiasco?

To: Ken Todd who wrote (7252)	2/27/1998 12:55:00 PM
From: Mark Rutheiser	Read Replies (1) \| Respond to of 8012

I assumed that I was getting those releases just as everyone else was, including the services. If you recall, many people on the thread were getting releases just as the wire services were getting them. I was never involved in giving input on news releases. True, I pressed Mike for information. But who calling the company looking for information doesn't push for answers. There were several conversations that you and I had that you don't recall. What about the one when I asked you about Tod Pauly and Caroline during the time Rhetorik and Essary were saying that they were part of a shorting scam. You helped by perpetuating that lie. In our conversations you supported that information. What about when I called up and asked you whether there were money problems, or if you were having trouble making payroll. You told me that there were no problems. Remember when I kept trying to confirm the Motor sport sites? And I could not get any information from you or Rehtorik? As a novice investor and subscriber to StreetLevel I was duped, stupid and naive. And I feel sick that I was used.

To: Ken Todd who wrote (7252)	2/27/1998 1:33:00 PM
From: Carl Pergler	Read Replies (1) \| Respond to of 8012

Ken: Again I thank you for your cooperation, which has been going on for some time. But, you must also understand that while you did pass on information to Todd, you could - and SHOULD - have bailed on the job, which was contributing to securities fraud, and gone to the SEC, FBI, or local state legal authorities. This you apparently did not do. If you had done that, you could have saved many people a lot of money and considerable personal trauma. I have assumed responsibility for investing in this fraud, and not doing the appropriate Due Diligence, like looking for the NASCAR construction or visiting the offices. I complained about the abysmal investor relations, but allowed greed to leave it at that. IMHO you should not be allowed to let your current cooperation, and longer term with Todd, excuse you from accepting responsibility to letting this fraud continue without trying to stop it. That being said, I repeat - your cooperation now may help to convict the initiators of this travesty. It is about all those of who lost can hope for at this point. Personally, I accept this effort as a legitimate attempt to make amends for your previous participation by employment. It is this action that I commend. Regards, Carl