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Microcap & Penny Stocks : IAPI - The TV Terminator -- Ignore unavailable to you. Want to Upgrade?


To: a. paisley who wrote (267)8/31/1998 10:16:00 AM
From: Scott H. Davis  Read Replies (1) | Respond to of 417
 
Yes, the lack of financial disclosure is a significant concern with IAPI, just as it is with a lot of other OTC (one of many reason I'm no longer buying development stage OTCs) But everybody needs to remember overall context. The smaller the cap, the worse the slide, value has declined least, growth more & speculative the most. FYI Scott



To: a. paisley who wrote (267)8/31/1998 11:13:00 AM
From: Rob  Read Replies (2) | Respond to of 417
 
No, my displeasure is specifically first with you and your lack of ability to answer a simple question and second with a company who does not meet its plans and then does not explain its failure to those whose money its spent. However, I have been been waiting to unload the few shares I was foolish enough to buy. So keep pumping. Congratulations on writing a full sentence and also on continuing to avoid my original posting. I will be waiting for the next flurry of ridiculous postings and price runup to sell to some other fool.

Note, that I have never doubted the potential of this product. However, I do have a problem with the way the company has been apparantly mismanaged. Anyone seen their business plan? - If so share it your thoughts. Another company (dba Telecom) worth potentially far more that IAPI recently filed a bankruptcy proposal - It has a world class product, high gross margins, partnerships with world class companies and enormous sales growth. Why did it happen? Because in a short-term squeeze on WC management was unable to raise a small amount of cash. Why? because it seems management is not trusted by the investment community because historically it did not meet its plans nor properly inform its investors.

This is my final posting on the most useless thread on SI.

Now, I'll let you and Michael J. Brown go stroke eachother.