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


To: Frank who wrote (1605)4/16/1998 1:25:00 PM
From: Gary Stern  Read Replies (2) | Respond to of 1901
 
No one wants you to lose your sweat equity. Similarly, none of the SI Readers want to lose their investment, the funds for which came from their own sweat - a fact that apparently escapes you.

You avoided my simple inquiry. Is the IMSLIB only worth 500K, as Hoevel said in open court? (or at least, do you have an opinion?) Has anyone assured you that you will receive an interest in IPIQ? (no one has promised the shareholders anything)

Your refusal to address the ISSUES and your resort to an ad hominem(personal)attack speaks volumes about where you stand. Simply put, you don't want to get involved, if it means the ole Mustang may not get fixed. Help us shareholders save our sweat equity (by simply telling us the truth) - we'll all chip in and gladly buy you that new Lexus.



To: Frank who wrote (1605)4/19/1998 4:32:00 AM
From: Jeffrey Hyson  Respond to of 1901
 
Frank:

I for one am very curious, what has management said about the past & current affairs of the company to the employees? How have they reassured employees that all is not lost and the company will recover from the current situation?

As for your 2 years of sweat equity (and everyone else's) at the company, I'm sure you were compensated for your efforts in some form of $$$ to maintain a standard of living. If you were promised further riches via equity and/or options in IMES then your sweat equity is going down the proverbial drain. While there are multiple possibilities as to why you (and others) are staying with IMES I surmise:

a) you believe IMES will stay solvent and hence be able to cash in on you sweat equity
b) you have been promised the same riches in a new entity (IPIQ or something else)
c) your current compensation is above average for a design engineer in Austin.
d) <fill in the blank>

If either B or C are true then no further explanation is needed. On the other hand if A please take a moment and share your wisdom (or management's) as to why IMES will stay afloat and everyone will be happy in the end.

BTW if any IMES employee reading this would like to make a statement regarding current or past events I'm sure there are several people on SI that would be glad to post an anonymous message on your behalf. I don't know if Larry Huang is interested in providing this service but I would think being a former employee and (I think) current investor he provides a bridge of trust... just a thought.

Larry Huang you've been quite as of late, can you share any information from your own grapevine?