InvestorsHub Logo
icon url

PennyCow

12/20/06 7:13 PM

#20084 RE: Trinityz1 #20083

What then makes IDWD any different from any other pink?



How many pink sheet companies have you invested in when you know about a warning like this. It has been over 5 or 6 months since pink sheets suspended quotes and issued this warning to the public.


http://www.pinksheets.com/quote/quote.jsp?symbol=idwd
IDWD -- IDS Worldwide, Inc.
Com (10 Cents)
Primary Venue: Pink Sheets
Pink Sheets believes adequate current information must be publicly available during any period that the issuer or affiliates of the issuer are directly or indirectly engaged in promotional activities having the effect of encouraging trading of the issuer's securities in the OTC market. Pink Sheets has observed that such promotional activities are occurring for this security, but that adequate current information may not be available. Consequently, Pink Sheets has removed the quotes from this website until such information is made available by the issuer to the investing community. Investors are encouraged to use care and due diligence in their investment decisions, as companies that engage in promotional activities without supplying adequate current information are often the subject of fraudulent activity. Please read our Investor Protection page. To learn more about Pink Sheets policies regarding unsolicited spam and promoted securities, please see our SPAM Policy.

Search for Dun & Bradstreet reports on this company.
icon url

life_in_the_oaks

12/20/06 7:22 PM

#20085 RE: Trinityz1 #20083

"The only problem is they haven't been proven to be lies."

Not true.

The fabricated award PR was removed from the IDWD website, after IEEE declared it a fraud. No other comment from the company, just posters that offered up all sorts of "explanations" and "alternate theories".

The PR regarding a completed buyback of 10 million shares had to be "clarified" once it was pointed out that the volume had not agreed with the claim. It was released 3 days later that Downs "retired" some amount over 7 million of his restricted shares, and the balance was then supposed to be the buyback. BTW, the shares diluting IDWD since January are over 7 million. Surprise, surprise. And big difference in buying in the market versus retirement of shares, when viewing it as a financial strength.

Dividend dates missed. Dividend details changed. Promised dates of release of financials come and gone with no subsequent acknowledgement of failure to deliver. I'd go on, but I don't really want to waste my time when it appears any and all of it is acceptable to you, if other companies do it, or if you want to really try to defend the situation piecemeal and ignore the entire picture.

LITO