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life_in_the_oaks

05/02/08 12:15 PM

#22067 RE: Investorman #22053

No kidding. Dipwad Downs is at it again.

Along with his trusty semi-retired moouthpiece.

By the way, even without posting up my stash of PDFs of IDS Website PRs, this stuff is still available regarding the dilution.

http://www.pinksheets.com/pink/quote/quote.jsp?symbol=IDWD

50 million shares as of 10-2005. Look under the company info tab.

http://www.primenewswire.com/newsroom/news.html?d=85316

10 million shares supposedly re-purchased. When caught with the fact that there was no volume to support this, Downs was forced to cover by issuing this PR indicating he was retiring some 7 million of his restricted stock, and including it as a "buyback".

http://www.primenewswire.com/newsroom/news.html?d=85657

I know you know this, and I know this, but I held these links back to see if HTW was really an innocent party who would take the transfer agent information on face value.

Funny enough, even IT posted the 45.3 million outstanding shares, which is at least 5.3 million dilution.

I would say the guy should stick with limo scams on old ladies, but it is obvious he sheared people last time, and will probably pull it off again.

LITO