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

To: Scott H. Davis who wrote (3114)	12/16/1998 8:45:00 AM
From: Scott H. Davis	Respond to of 3358

I just read these excerpts on the NPCT thread - looks like I won't have to wait to post the specifics from the filing after all. Scott Message 6797532 Also interesting - pump & dump anybody? Message 6831852

To: Scott H. Davis who wrote (3114)	12/16/1998 12:13:00 PM
From: Bill Pearson	Read Replies (1) \| Respond to of 3358

There is a letter from Paul, on Raging Bull, stating that management is considering, and not adverse to, a NPCT share distribution, but (of course) no time frame was (ever) named. A poster on Raging Bull recently asked about the ITCO share distribution, and once again a reply came through Kathy Knight McConnell from the company..... saying that it would be too costly to distribute shares that are essentially worthless. Unfortunately for us, ITCO has been enjoying higher volume and a better overall trading range than INCE...so someone is making money on this insolvent company at our expense (once again). If we had our shares it's obvious there wouldn't be a market for ITCO shares. The stock would likely trade at $0.0 As to a stockholders meeting.... a poster on RB asked about that also, and Paul once again responded. This time he said that 1) it would be too costly in his mind to hold a shareholders meeting (estimated to cost $100K), and 2) in his opinion a quorum could not be achieved. I personally think he's afraid that a quorum will (definitely be achieved) and that the result will be the shareholders forcing him out. Given the outrageous expenses of the last 2-3 years (adding to over $30 million in accumulated debt/loss), and given Paul's $300,000+ annual salary (which he claims to only be taking half of), I'd say $100,000 is a small price to pay in order to finally set things right. For those not watching the Raging Bull NPCT and INCE boards, you owe it to yourself to review the 800+ posts over there. www.ragingbull.com Most posts on INCE are on the NPCT board.