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

To: Larry Huang who wrote (1481)	3/20/1998 2:06:00 AM
From: Larry Huang	Read Replies (1) \| Respond to of 1901

My earlier post about IPIQ's origin spawned a few phone calls from other ex-IMS employees who are equally curious. Taking a wild guess that IPIQ's domain name and web address may be ipiq.com and www.ipiq.com respectively, we used "%whois ipiq.com" on a net-enabled workstation and pulled up the following information from a query on ipiq.com from InterNIC, the organization that maintains domain names for the Internet: International Meta Systems IPIQ-DOM 7718 Wood Hollow Dr #150 Austin, TX 78731 US Domain Name: IPIQ.COM Administrative Contact: Perschbach, John JP8249 jgp@IMES.COM 512 795-8825 (FAX) 512 795-0778 Technical Contact, Zone Contact: Registration Role Account, SBIS Domain DR2250 hostmaster@SWBELL.NET 972 238-3639 (FAX) 972 470-1133 Billing Contact: Perschbach, John JP8249 jgp@IMES.COM 512 795-8825 (FAX) 512 795-0778 Record last updated on 10-Mar-98. Record created on 10-Mar-98. Database last updated on 19-Mar-98 04:11:09 EDT. Domain servers in listed order: SUN4C409.IMES.COM 209.184.4.1 NS1.SWBELL.NET 151.164.1.1 It appears that from a network perspective, IPIQ became e-mail and WEB aware on 3/10/98 and that the resident corporate server for IPIQ is the IMS server sun4c409.imes.com. This leads to some interesting questions: - does IPIQ already own IMS (or think they do)? - has the bankruptcy court already awarded the $135K IMS buyout to IPIQ? - subsequent to the ZSP $140K payment, did IMS payback the $135K note to IPIQ but still lost the goods because it "defaulted" on the note? If this was the case, for an eleven day loan of $135K, IPIQ made $5K and got the goodies. No risk with high returns if IPIQ was aware of the pending ZSP deal via a former board director. - does IPIQ actually have any employees other than Phil Neches since IPIQ's corporate server is actually an IMS server? - is IPIQ registered to legally do business in Texas? Checking with the Texas State Comptroller for a wage claim against IMS indicates IMS, a Delaware corporation headquartered in California, registered 14-16 months after hiring the first Texas employee for the Austin design center. I'll make another phone call tomorrow and post the results. It would be nice if we could have a "clean separation" with all affairs in order so that we can move beyond IMS. Sadly, the recent 8-K disclosure only moves us in the opposite direction. Larry