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To: Larry Holmes who wrote (1507)	3/7/1999 7:53:00 PM
From: paulmcg0	Respond to of 7618

It's great to have you back Larry. Now all we need is the other engineers who used to debunk DWM, particularly Norm Trolson and his sarcastic humor! I think you are right about what the SEC will be interested in. I was recently involved with another complaint with the SEC, and they were most interested in any written (including electronic) claims made, not for technical reasons, but to see if various laws had been broken.

To: Larry Holmes who wrote (1507)	3/8/1999 12:42:00 PM
From: The Money Doctor	Read Replies (1) \| Respond to of 7618

SEC Case..... To speculate what the SEC case is about would be shortsighted. Unless a person takes the time to read the court filings regarding the matter, any thing else would be speculation. One statement made is true, as it is with almost all government agencies and large corporations, it is a bureaucratic nightmare. The case may never make it to court. Usually there is some form of settlement or consent decree. Only the attorneys and involved persons know what is going on and Paul is right, we shouldn't speculate on either side of the fence, as people may make investment decisions based on wrong information. Everybody is all in a stir about the delayed demo. I can understand that, however, I can cite dozens of cases where well meaning people invested millions, only to see disaster happen. During 1998, I saw hundred of companies have shareholder lawsuits slapped against them when the company didn't perform as expected. Look at all of the disk drive manufacturers, How about Computer Learning Centers, and a classic, The Loewen Group (LWN). (By the way, how do you mess up something as certain as death?) A friend of mine, a funeral director went to work for them, with major promises, few kept! He did get a chance to purchase company stock at $28.00 which was a real deal since the stock was going to $50.00. Now the stock may go to $50.00, but it is currently resting at $1.50. As the bumper sticker states, "Things Happen". Oh, and how about Sunbeam, or AVCO. IAUS is not alone in having had a runup, only to see the stock fall on hard times. Any honest minded person has to give credit, where credit is due. The management of IAUS has continued to pursue their dreams of getting revolutionary technology to market. They are a group of very dedicated, honest people. Remember, honest people can make DUMB mistakes and that doesn't take away from their honesty. Because of the SEC action and the earlier faux pas they made, management has chosen to take the course of saying nothing until it is an operational fact. The store is finally going to open around March 18 of this month. Let's see what happens after the store is in operation. Everyone forgets that AFIM is a major technology in its own right and could have profound results for the company. That has been demonstrated to work and they have made many major improvements to the system and are continuing to work to improve the system. AFIM goes way beyond the little store in Salem, UT. For anybody that has lived overseas, personal ID is in many countries, mandatory. Think, for a moment about all of the potential royalties for fingerprinting 100 of millions of people around the world. Whether we Americans like to think about personal IDs, it is a fact of life in the rest of the world. Then there are door locks, time clocks, and who knows what else. Many of the people making criticisms of the company sometimes overlook the fact that they aren't working with million dollar budgets or high tech equipment. I think back to Thomas Edison and other scientists that I have known. They tested their ideas thousands of time before finding the answers. And for all of the scientific theories that Larry puts forth, I say, nonsense!! Sure, some inventions don't work for some little thing, but if inventors "went by the rules", we would have very few new inventions. Most major inventions that create paradigm shifts come about from circumstances of someone saying "I wonder or What if" I hope inventors never come to the SI boards. They would be told by the arrogant that it "can't be done". What a pile of bunk!! Maybe, DWM and other ideas may never develop commercially, but when we as individuals quit dreaming and working to create, this world is going to decay fast. How many on this board are willing to risk it all, to go out with little or no money and try and get their ideas off the ground? Isn't a lot of investing, betting on a dream coming true? One needs to remember, this world was not built on the knowledge of the naysayers and critics. I hope that the folks at IAUS succeed, just to put to rest all of the naysayers and critics. Time will shortly tell.

To: Larry Holmes who wrote (1507)	3/9/1999 6:57:00 PM
From: David W. Bybee	Read Replies (1) \| Respond to of 7618

Hey Larry, It is great to hear from you. I have lurked here for years and read every post. I appreciate your insights and remarks. I cannot believe what I am reading from some of these people. Blind faith can and is in most cases, dangerous! Once in a while blind faith can also pay off. but that is usually the exception. Reading your message is like hearing from an old friend. It is comforting to hear a voice of reason in the whirlwind hype and speculation. Regards, David