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To: Frank who wrote (1603)4/16/1998 11:25:00 AM
From: Gary Stern  Read Replies (1) | Respond to of 1901
 
What "Settlement" are you talking about - the one where the shareholders get nothing and you get warrants or stock in IPIQ and a well paying job. This board is entitled to some honesty. One doesn't need "a cape or tights" to ask that people like you disclose their agenda so the reader will understand your bias. My bias is this - I own stock; I believe the company's technology is very valuable and that the company only became "insolvent" to accommodate an appropriation of its assets by insiders. Now, tell the readers that the company's assets are worth a mere 500K (Like Hoevel says) and that the shareholders would never have their interest diluted into nonexistence by current management. I'm content to have the readers judge our respective veracity by our responses.



To: Frank who wrote (1603)4/16/1998 3:58:00 PM
From: Gary Stern  Respond to of 1901
 
One more thought for you to ponder. The employees of IMS ARE THE COMPANY! If they stand up for fair treatment of the shareholders - THE COMPANY HAS NO CHOICE. If they demand that the company be preserved and operated for the benefit of all of us that have stood behind the development of its valuable assets - we all prosper. If the employees let the shareholders get wiped out - I can assure you that the employees will be next. Speaking up for honesty and fair treatment for all who are involved in this business has its own reward. Businesses that survive and thrive are run by people who know that there is a "partnership" amongst management, employees, and investors. When one group believes that it is more important than the other and that their rights are superior to the others real "bankruptcy" is not far behind.