Someone suggested I join up here. Downs got real mad at me when I posted this at HSM.
Jun 11th, 2007, 10:33 PM #7031
Jungle_Trader
HSM Enthusiast
Join Date: Feb 2007
Posts: 716 I like both y'alls theories.
20 facts for y'alls:
1. CEO Patrick Downs convicted of fraud and on probation until 2012.
2. IDS Worldwide Solutions, Inc. Opens Trading on OTC Market as IDWS July 2005
3. July 2004. CEO Patrick Downs Interviewed by CEO Cast.com. During the interview Mr. Downs stated IDS plans to become a fully reporting company and transition to the Nasdaq Small Cap or AMEX market in the 4th quarter of 2005.
4. August 2005. Patrick announces 500% discount. The Car Section of 995ad.com has been able to achieve rapid penetration of the online automobile sales industry by providing equal or superior product of the leading online retailers such as eBay Motors, AutoTrader Online and Cars.com while giving consumers and auto dealers up to 500% in reduced ad costs.
5. August 2005. Patrick claims to have purchased top secret data center. IDS Worldwide Solutions, Inc. Announces CEO Patrick Downs Purchases Chicago Data Center
6. September 2005 . IDS Worldwide Solutions, Inc. Announces Completion of 10 Million Shares Repurchase of IDS Common Stock IDS' CEO, Patrick Downs, stated, "IDS chose to repurchase these shares due to market conditions that enabled the company to repurchase these shares at extremely undervalued prices.
7. September 2005. IDS Worldwide, Inc. Announces Major Expansion into China. IDS' CEO, Patrick Downs, stated "The expansion into China is part of our ongoing worldwide expansion of our markets for our technologies and online portals.
8. October 2005. IDS Worldwide, Inc. Announces Closing of HLS Buyout. IDS Worldwide, Inc. in a Letter to Shareholders to Be Released on October 12, 2005 Announcing HLS Buyout and Special Common Stock Dividend.
9. October 2005. IDS Worldwide, Inc. Receives NASDAQ Approval to Begin Trading Under New Symbol IDWD. This mandatory call will allow IDS to determine the exact number of common shares to receive the special one time dividend related to the buyout of the Company's HLS Division. IDS will maintain ownership in the new entity owning the HLS division so this accurate count of common stockholders and audit of the breakout of the HLS division is necessary to determine the final valuation of the special dividend.
10. Nov 2005. IDS Worldwide, Inc. Addresses Certain Misleading Online Postings on Internet Message Boards. Nov 2, 2005 -- IDS Worldwide, Inc. (OTC BB:IDWD.OB - News) today announced that in response to several misleading message posts on fringe Internet stock message board sites that IDS' recent press release of an award to IDS CTO Yasar Khawar did not occur, IDS has posted a scanned copy of the picture of the award ceremony, and a copy of the award itself is posted on the corporate website news section.
11. February 2006 .IDS Worldwide, Inc. Increases Special Dividend Payment. IDS Worldwide, Inc. (Other OTC:IDWD.PK - News) today announced that IDS has determined the final valuation of the Special Dividend related to the sale of a minority interest in IDS Homeland Security Division (HLS) will be valued at $1.10. The exponential growth of the HLS Division and new technology being released this quarter for HLS Biometric Encryption technology has led to this increased valuation.
12. February 2006. IDS Worldwide, Inc. Reports Unsolicited Purchase of IDS Common Stock. Incubadora del Futuro, S.L. Announces Intention to Purchase 4.99% of Outstanding IDS Common Stock. Incubadora del Futuro, S.L. and Mr. Lugo did not offer further information on the companies reasoning for this purchase. IDS previously has had no contact with either Mr. Lugo or Incubadora del Futuro, S.L. Mr. Lugo stated he was beginning his purchases immediately in the open market. IDS will update shareholders as soon as further information is available.
13. April 2006. IDS Worldwide, Inc. Receives 40% Increased Offer for Equity Purchase. IDS Worldwide, Inc. (Other OTC:IDWD.PK - News) previously announced that it received an offer for a minority interest in 995ad.com that IDS Board of Directors deemed inadequate. In subsequent discussions during the past week the offer was increased 40%. IDS is evaluating this new offer and will make a decision this week.
14. April 2006. IDS Worldwide, Inc. Receives Additional Increased Offer for Equity Purchase. IDS Worldwide, Inc. (Other OTC:IDWD.PK - News) previously announced that it received an offer for a minority interest in 995ad.com that IDS Board of Directors deemed inadequate. In subsequent discussions during the last week the offer was increased 40%. IDS has received a 3rd additional increased offer that will be reviewed this afternoon. IDS expects this will be the final increased offer and the company will make its decision based on this final offer to enable 995ad.com to proceed with its own registration statement.
15. April 2006. IDS Worldwide, Inc. Receives Final Offer for 33% of 995ad.com Valued at $100 Million
16. May 2006. HLS Worldwide, Inc. and IDS Update Has Been Delayed Until Courier With Signed Documents Arrives; Now Scheduled to Arrive at 12:00 EDT
17. July 2006. IDS Receives Buyout Offer for All Outstanding Shares at $1.75 per Common Share
18. July 2006. IDS Receives Increased Offer From HLS of $2.35 per Share
19. ? October 2006. IDS CEO Patrick Downs recently had a serious injury that will require multiple surgeries that have for the most part confined him to a wheelchair at various times.
20. February 2007. IDS Worldwide, Inc. Informs Some Investors Missed Conference Due to Transposed Access Number.