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life_in_the_oaks

02/17/06 11:05 PM

#8734 RE: crossbow #8730

"becoming a Public Company" - okay, pop quiz.

How did IDWD become a public company?

a) filing an s-1, disclosing their financial status
b) merging with a defunct public shell, assuming public status with no disclosure
c) wishing upon a star
d) filing a 583(b) couble reverse wishbone tax valuation
e) none of the above

Extra credit question coming to the first correct answer.

LITO

enlightened1

02/18/06 4:20 AM

#8757 RE: crossbow #8730

"....IDS is currently active in such MAJOR growth segments, as Biometric Security, Outsourcing, Bio-Medical Products, Entertainment (CD/DVD manufacturing and packaging), Sporting Goods, Nationwide Security operations, Offshore Plastic Product Manufacturing, International Sales, Call Centers, and US Based Order Fulfillment for Infomercial based marketing campaigns......."

It started a mere 7 years ago. What sound business mind would have started a company with such a diverse sphere of operations
and involving a number of different countries? How could you hope to stay focused to bring one of them to fruition - a case of 'jack of all trades, master of none'.

In spite of all the adverse comment here, it is these 'known' facts which struck me most when I was looking at how such a company could honour such a proposed deal as sharing out to its shareholders ALL the profits from the sale(?)of its only really valuable core business.

Then I looked at this other stated 'winner'995AD'. Before I even tried to find anything (with no success but a lot of frustration)I was totally unimpressed by everything about it - even a young starter in website design could have done far better.

Someone really interested in having a viable business would have used far more imagination, or employed the services of someone who could' The message it sends doesn't just shout - it screams.

When I pointed out to them the difficulty of finding ANYTHING, and of its presentation and format, they replied:-

"....This was necessary to stop abuses of the site from
people selecting all while not really interested in finding a car but just trying to see the total number of cars of the site......"

I replied to them, for which they offered no further answer:-

A good ethical site should never be concerned about how many people try to check it. If I wanted to advertise there, I would also wish to check it out. A restaurant should never be worried about a patron wanting to see in the kitchen. So I am sorry, your explanation holds no water.

However, your prime concern appears to be stop 'just lookers' instead of making things easier for the genuine customer.

We should run our professions, businesses, and governments in a transparent manner

Secrecy, and subterfuge invite suspicion. And, not unstrangely, that suspicion under those
circumstances usually turns out to be well founded.

The other cliche that rings in my ears in this current 'age of scam'- in the UK we are warned daily by the media of how the world is alive with scams of all types and sizes which appear to operate with wild abandon and total immunity is - 'If it sounds too good to be true, then it almost certainly is'

And, of course - 'Caveat Emptor'