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Re: crossbow post# 20481

Tuesday, 01/30/2007 12:26:01 PM

Tuesday, January 30, 2007 12:26:01 PM

Post# of 23107
Crossbow. Why don't you tell us what IDWD even has anymore? They have sold all US marketing rights to the flash drive to WSA. They even sold WSA all of their US facilities, if the Downs PRs are to be believed. Even uvhDowns has said that WSA and IDWD are not connected other than the fact they share the same insiders.

HLS supposedly controls all foreign properties.

IDWD is now located in a virtual office and even the receptionist is not an employee. Just what on God's green Earth does IDWD verifiably own which would make it worth 2.35 per share? How about nothing? It looks like the one thing which generates more than 10 bucks a year in sales (the flash drive and the home security alarm business in Pakistan) is now under the control of enities which Downs has claimed are at arms length from IDWD.

This looks like a classic swindle to me. He bilked fools out of their money to develop some subsistance level business and then removed the business from the ownership of the people who put up the money to develop it (by buying stock).

I find it amazing that uvhDowns and others could show up saying IDWD shareholders are entitled to nothing because it was the work of IDWD insiders which made it all happen and that in light of this, you could then come on here pumping this POS to people who do not know the whole story.

Even if PGRD is bought by WSA, what in the hell would that have to do with IDWD since Downs and Yassar were very careful to legally separate the two entities?

Are you going to end up like that old Grandmother Downs swindled out of 20 thousand dollars by promising her he would give her grandson a job for life in a fraud limo company?



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