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Re: rwrf post# 2291

Friday, 05/25/2012 6:50:52 PM

Friday, May 25, 2012 6:50:52 PM

Post# of 39209
Very simple rwrt. I've tracked this company since 2002. The problem is called the F....D.....A.....In 1998 or 1999 it shot up to almost $6 a share in anticipation of a PMA application of which was shot down. Not bad for he first go around and those not greedy made some $$$. In 2003, around July 4th IDSI tried again and in anticipation of PMA approval, it shot up to $1.91. That was back in the day before massive dilution shares were around a buck. IDSI had a lot to learn about proper protocol on PMA application in the US. They hired (ughhhh) Tim Hansen to brign them to the promise land. It was then I noticed rampant dilution of the pps. Tim came in at .77 a share. When they parted ways, the pps dropped to .14 and Hansen had the audacity to publicly advocate .14 was a great price. To boot, Hansen was retained as a consultant at $10k per year for a bit. I'm absolutely astonished IDSI is still in business. Somehow, they have managed to exist. My belief is this is now or never. If the PMA approval is on the horizon...forget this penny stuff. It will sore above a buck or more. Gone is the reality of $10, $15, or $20 too. The PMA process is hush, hush as one would expect. That's my recollection, and this is my one and only comment and opion.

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