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Technology Stocks : DESERT DIRT TA -- Ignore unavailable to you. Want to Upgrade?

To: go4it who wrote (1435)	7/31/1998 5:59:00 AM
From: d:oug	Read Replies (1) \| Respond to of 1539

Chuck, I will try and drum up some support with a "what if". If I drum down support instead, then I will tar and chicken feather myself. First, on my last post asking Richard and Chuca about the difference between a shareholder that does and does not add more money into IPM, I think I remember now something called an warrent. Maby it this or something else, but in this example I think if each shareholder, say held 1,000 ipmcf shares, and the successful outcome, each would still hold 1,000 but the one that put in .10 per share, the $100, would be given shares or something like a share, that can be held and traded. I think so, but my guessing here. Have to wait for the real answer to be posted. So for this case if I was a shareholder and could not or would not put any more money into IPM for a save, then I would hope enought others will and the cause be successful. Then IPM goes back on nasdaq and I sell as soon as I'am confortable with the share price. Now just so long that enought shareholders do put more money into IPM, all shareholders will win, and all should win even if some don't put more into IPM because they already did the initial investment. Bottom line is that enought new money is available from current shareholders, and I think for each dollar(s) you should get somekind of paper/certificate/share similiar to an ipmcf share. OK, but here is the reason why those that have not contacted Charles, should do so. Lets say enought money is available to pay off the IPM Chapter 11 debt, and not all shareholders have put in money. And the decision is made not to save IPM. But the Black Rock dirt is obtained thru the money the IPM shareholders that supported this activity put in the pot. And the reason these IPM shareholders got the dirt was because of their association/link to Black Rock thru IPM thru ipmcf shareholdings. Now at this point no company exists, just a collection of people that were ipm shareholders that tried to save IPM, but didn't, but did get the rights to Black Rock. So for this case, any ipmcf shareholder that did not put money into the pot to save IPM, is now out of the picture. There is no IPM company, thus an ipmcf share is worthless. And I think those ipm shareholders that pledged their stock holding for voting, but didn't add money, they probably also are out of the picture. Now I have another question. The number seems to be .10 per share for money to put into the pot. But, can this money price per share be different between shareholders. It seems that this .10 per total number of ipmcf shares out there equals the money needed to do the job, but most likely just so this money appears in the pot, the results can be had. So one shareholder could do .10 per share, and another do .05 per share, and maby another do .25 per share. All ok if a formula is used that doesn't care how many share you have, all it does is say for each dollar(s) put in the pot you get a piece of paper. You all have to realize that I'am making this all up, and all I have just typed in is a crock chit. Boy do I now feel foollish or what. I don't even remember my purpose for doing this ???? I don't even remember if this is a reply to a post??? I don't know how I got here????? help Doug

To: go4it who wrote (1435)	7/31/1998 9:55:00 AM
From: Wildcat	Read Replies (2) \| Respond to of 1539

Chuck, To reach shareholders that do not follow SI you could ask newsletter writers to include these developments in their newsletters. Hey, Ron, ya listenin'? Wildcat