IMCL BOARD OF DIRECTORS RECEIVED THIS CERTIFIED LETTER :
Imclone Board of Directors
Imclone Systems Incorporated
Office of the CEO
180 Varick Street, 6th Floor
New York, NY 10014
RE: LETTER TO IMCLONE BOARD OF DIRECTORS
Attention Imclone Board of Directors: 9/14/06
As indicated in attached electronic mail dated 7/24/06 to Michael Howerton, .............
As discussed as well via phone and electronic mail, Mr. Howerton did not believe a loss was probable and certainly no legal reserve has been established.
The above statement is an example of existing poor executive management and poor direction of Imclone Systems Inc. Therefore, please consider the following:
1 - Settle patent dispute
2 - Elect Carl Icahn to Board of Directors
3 - Seek FDA’s blessing to expand into pancreatic
4 - Rejoice news
Respectfully,
