SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : DESERT DIRT TA -- Ignore unavailable to you. Want to Upgrade?


To: Bob Jagow who wrote (1359)7/28/1998 1:00:00 PM
From: go4it  Read Replies (1) | Respond to of 1539
 
Bob,

The important thing here is trying to bring value to IPM's share holders. I don't wish to discuss personalities. Only focus on the subject. I am not concerned with who is or is not on my side.



To: Bob Jagow who wrote (1359)7/28/1998 6:05:00 PM
From: Bill Jackson  Read Replies (1) | Respond to of 1539
 
Bob, If you and Charles can marshal a control block of IPM you can assess the financial situation and reform the company by shrinking the share base, say 5:1. The creditors who see there is zero $ will take shares for debt and you can go forward. As long as you and people on your side have firm control and any and all warrants etc are terminated you could rehabilitate IPM totally. You could even option for shares some of the claims your group has staked that have value as the start point for a new IPM. I am sure Thall will be in favor and will help once the crooks are all gone. The optioning of your claims for shares will also give you more buffer control just in case the crooks try and end run with their block. After al their block will get quite diluted after a 5:1 consolidation, and then when you issue moe for your options they will be gone and all IPMers can work for a good future together. You will find all the official resources will change sides once you get going and they will be on your side, like the
AZBOM.(that is not a power laxative)

Bill