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Re: janice shell post# 3400

Saturday, 10/15/2005 2:34:42 AM

Saturday, October 15, 2005 2:34:42 AM

Post# of 23107
Why did you lie Janice??? Patrick turned down Toxic financing.
He refused to dilute commons. Why didn't you tell the truth in your rush to judgement. I used to hold you in high esteem for your work but now i know you have a motive here.


From: Patrick Downs [mailto:]
Sent: Tuesday, August 16, 2005 3:34 PM
To: salamon.brothersverizon
Cc: rsg@tngroupllc
Subject: RE: IDWS term sheet

Howard, IDS has chosen not to do any equity based financing at these
stock
price levels. IDS will use vendor based financing for its current needs.
IDS
will keep your company updated. Thanks. Pat

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