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Microcap & Penny Stocks : INCE - Intercell info??? -- Ignore unavailable to you. Want to Upgrade?

To: Grainne who wrote (2894)	8/8/1998 6:13:00 PM
From: Chad Beemer	Read Replies (1) \| Respond to of 3358

I understand the 8K was filed yesterday I am surprised that the terms of the convertables have not came up. I was told that they can be converted only on approval by managment and not when they would like to. This tells me that it gives Paul control over this issue which everyone here has raised for months. I remain very confident in Paul and Gils ability to take this company to higher plateuas. I truly remain a long term investor and to date have not sold one share of stock. In case many of you didn't know the Europeans who Paul and Gil will be meeting in a couple of weeks cannot sell stock for at least six months and get hit hard by short term capital gains if they sell stock if not held for 4 years. I feel very comfortable having them buying stock in this market moreso than US or Canadian investors. I bought a stock called Vista Information Solutions which at thta time was called Datamap. I knew the CEO at that time and liked the future of the company and what they were doing. I knew that it would take years for them to get off the ground. The stock went from 6 dollars which is where I got in down to 35 cents. Now as earnings and the business plan has really taken off the stock has been as high as 10 dollars recently. The new CEO Tom Gay is one super individual and as a matter of fact I have told him about NPCT but don't know if he bought any. I know many of you here bought INCE much higher like I did VINF but I believed in what they were doing stuck with them and now they are proving themselves. Keep in mind this has taken a few years to happen. INCE and NPCT fit in this same category.

To: Grainne who wrote (2894)	8/10/1998 12:58:00 PM
From: Bill Pearson	Respond to of 3358

Christine.... excellent point. If the past <is> any sort of predictor of the future, then it is likely that the $8.5 million recently made available to NPCT will be utilized just as poorly as the nearly $5 million raised through the INCE Series C offering, and the nearly $2 million raised for Sigma 7 via private placements done by William Scott & Co..... What good (i.e., benefit to INCE shareholders) ever came out of the $6-7 million mentioned above? It obviously takes one type of personality and skill to raise money.... But it usually takes an entirely different skill set to make money from money, on the behalf of the company's common shareholders. That is assuming that there was an intention to create shareholder benefit from raising this kind of money in the first place.