Replies to post #9771 on IDO Security, Inc. (fka IDOI)

[GaryInPB]

Hokie,

I can understand your position. Perhaps this will help in your quest for answers. Below, is Raymond Franklin Willenberg Jr's business Address and Business Phone Number:

Rim Semiconductor
7825 Fay Avenue
Suite 207
La Jolla Ca. 92037

1-858-456-5551

Sincerely,

Gary

[goldrusher]

hokie...believe me, if I were on your side of the fence, I
would hate posters like me and posts like mine with a passion
and would, undoubtedly be vocal about it. However.com, I am
on the other side of the fence and am quite likely to have been
in close to more horror stories of the devastation that Ray
has done to peoples dream than almost any other RSMI posters.
I have heard from ex-friends, relatives, and everyother form
of believer and those that lost their retirements, their kid's
college money and even their life (one suicide that contacted
me prior and didn't indicate his depression was that severe.)
I am told there was another suicide but I can't vouch for that
one. To the IDOI longs, these are stories. To me, these are
real people that poured out their hearts to me only because
I had been a dedicated thorn that never backed off in calling
RIM as scam and using no disclaimers to avoid lawsuits. I
also listed my e-mail several times which also earned me some
hate mail. I wish you success with Goldberg as I would like
to see me gone too!!

cheers

PS Guinness is good for you

[neophyte184]

Hok,

I already wrote to Goldberg on this topic and had to resend my initial email twice and even added additional comments made by multiple people on this site regarding the atrocities that Ray has committed. Here was his reply:

"I feel by responding to this email, I am giving some level of credence to whatever negative comments have been made about Mr. Willenberg. I do not wish to demean Mr. Willenberg in that fashion but will answer so as not to let these negative comments stand as if they are a true measure of the man. Mr. Willenberg was recommended to us by some of our largest institutional investors ( who have many millions tied up in our company)and after speaking with him, I found him to be knowledgeable about financing, have a sound business philosophy and he also shared some of my conservative views on growth.
As you know, despite some great technical and business strides made by IDO over the last several months, the capital markets remain very tough for small growing companies like IDO. Mr. Willenberg brings additional contacts and expertise to me in this critical area.
It may be true that his company performed below expectations but so have many over the last year or so. That may have much more to do with market condition than be an accurate way to assess the competence of a Board member. If the shareholders, in the majority agree with those few negative comments, then Mr. Willenberg or any of the Board members will not be elected in our upcoming proxy.
I trust our shareholders will do whatever they feel is best for IDO and I will stand by their decision 100%.
For those other posted comments made by the person so negative on Mr. Willenberg, they are too absurd to be worthy of comment. Every filing and press release issued by this company has been accurate to a fault. If you will look on our website, the address and phone number of our new Israeli office is listed and not only have I been there but so have many others who do business with IDO.
Most Sincerely,
M Goldberg"

I hope this hepls clarify things for you. I will be curious as to what you think about his reaction. Enjoy the evening.

Neo

[MiltonTonic]

hokie said, "but is it(Rayettes?) deterring others from investing and helping the price go up?

NO, it isn't Rayettes affecting anything here except the truth!

Why would you think a PR should make the share price go up?
It should not be a media marketer making the share price go up!
It shouldn't be half lit CEO interviews making the price go up.

It should be business that makes the share price go up.
This company is giving YOU the business, there is absolutely no other reason for Willenberg to be here! He knows how to sap the innocents dry! and WILL!!!

As I see it this company's only business is selling shares, sure they have an electromagnet prop but most 10 years had that!

Think about it! Even if this company sells 10,000 machines and makes $200 profit on each one, they will only have enough money to pay HALF the debt!!
How likely is that???