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Imaging Diagnostic Systems (fka IMDS)

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Information on IMDS's distributor to four European countries



CTLM Distributors

Austria -
Lebada USA
Tel: +954-594-2409

Republic of Moldova -
Lebada USA
Tel: +954-594-2409

Romania - Lebada USA
Tel: +
954-594-2409

Ukraine - Lebada USA
Tel: +
954-594-2409


Hungarian International Tabernacle Center

Mailing Address: 1581 NW 132nd Ave
Pembroke Pines, FL 33028-
Street Address: 12401 Stirling Rd
Cooper City, FL 33330-

Phone:
(954) 594-2409
Pastor: Rev. Ovidiu T. Lebada


Eurolifecare.com

Registrant:
Ovidiu T. Lebada
1581 MW 132 Ave
Pembroke Pines, Florida 33028
United States


Registered through: GoDaddy.com, LLC (http://www.godaddy.com)
Domain Name: EUROLIFECARE.COM
Created on: 25-Aug-10
Expires on: 25-Aug-12
Last Updated on: 22-Aug-11

Administrative Contact:
Lebada, Ovidiu T. lebadausa@comcast.net
1581 MW 132 Ave
Pembroke Pines, Florida 33028
United States
(954) 594-2409

Technical Contact:
Lebada, Ovidiu T. lebadausa@comcast.net
1581 MW 132 Ave
Pembroke Pines, Florida 33028
United States
(954) 594-2409

http://start.cortera.com/company/research/k5l8nql0p/lebada-usa-inc/

LEBADA USA INC
1581 NW 132ND AVE
PEMBROKE PINES, FL 33028-2741
|
COMPANY DETAILS

Location Type: Single Location

Industry: Food Preparations, N.E.C.

Ownership: Private

Year Founded: 2003

Sales Range: Under $500,000

Employees: 1 to 5

LEBADA USA INC is in the Food Preparations, N.E.C. industry in PEMBROKE PINES, FL. This company currently has approximately 1 to 5 employees and annual sales of Under $500,000.



SEC Charges Imaging Diagnostic Systems, CEO, and CFO With Fraud

U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 22801 / September 18, 2013

Accounting and Auditing Enforcement Release No. 3486 / September 18, 2013
Securities and Exchange Commission v. Imaging Diagnostic Systems, Inc., Linda Grable, and Allan Schwartz, Civil Action No. 0:13-cv-62025 (S.D. FL.) (September 13, 2013)


SEC Charges Imaging Diagnostic Systems, CEO, and CFO With Fraud

The Securities and Exchange Commission today charged Florida-based medical technology company Imaging Diagnostic Systems and two top executives for making material misstatements and omissions in public filings about the timing of its Food and Drug Administration (FDA) application and its failure to remit payroll taxes to the Internal Revenue Service (IRS).

According to the SEC's complaint filed in U.S. District Court for the Southern District of Florida, Imaging Diagnostic Systems is engaged in the development and testing of a breast imaging system called CTLM® that purportedly uses a laser to detect breast cancer. The company has failed to obtain FDA approval to market and sell the CTLM® in the United States. From October 2008 to December 2009, Imaging Diagnostic Systems repeatedly disclosed in filings and letters to shareholders that it expected to file by specific deadlines a premarket approval application with the FDA to obtain permission to market and sell the CTLM®. The company failed to meet its projected deadlines. In fact, CEO Linda Grable and CFO Allan Schwartz knew there was no basis for the projections because Imaging Diagnostic Systems did not have enough cancer cases to finish its clinical trials and could not pay for the clinical sites.

The SEC further alleges that beginning in early 2010, Imaging Diagnostic Systems stopped remitting payroll taxes to the IRS for its employees. The company's failure to pay payroll taxes constituted a known commitment, event, or uncertainty of the type that should have been disclosed in the Management's Discussion and Analysis sections of the company's periodic filings, which were signed by Grable and Schwartz. However, the company did not publicly disclose that it failed to remit payroll taxes until more than 16 months later, and even then still failed to disclose the risks associated with its failure to pay payroll taxes.

The SEC's complaint also alleges that Grable and Schwartz failed to file beneficial ownership reports in 2009, 2010, and 2011 despite having received stock or options.

The SEC's complaint charges Imaging Diagnostic Systems, Grable, and Schwartz with violating Section 17(a)(2) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5(b). The complaint alleges that Imaging Diagnostic Systems violated Sections 13(a), 13(b)(2)(A), and 13(b)(2)(B) of the Exchange Act and Rules 12b-20, 13a-1, and 13a-13. The complaint alleges that Imaging Diagnostic Systems and Grable violated Section 14(a) of the Exchange Act and Rule 14a-9; Grable and Schwartz violated Section 16(a) of the Exchange Act and Rules 13a-14, 13b2-1, and 16a-3; and Grable and Schwartz aided and abetted the company's violations of Sections 10(b), 13(a), 13(b)(2)(A), and 13(b)(2)(B) of the Exchange Act and Rules 10b-5(b), 12b-20, 13a-1 and 13a-13. The SEC seeks financial penalties and permanent injunctions. The SEC also seeks penny stock bars and officer-and-director bars against Grable and Schwartz.

The SEC's investigation was conducted by Jenny A. Trotman and Kathleen Strandell and supervised by Thierry Olivier Desmet in the Miami Regional Office. The SEC's litigation will be led by Robert Levenson.

SEC Complaint
http://www.sec.gov/litigation/complaints/2013/comp22801.pdf


http://www.sec.gov/litigation/litreleases/2013/lr22801.htm



Item 8.01. Other Events. 8-K Summary

On September 19, 2013, Imaging Diagnostic Systems, Inc. ("IDSI") was served with a Complaint filed by the U.S. Securities and Exchange Commission (the "SEC") in the U.S. District Court for the Southern District of Florida against IDSI, IDSI's chief executive officer Linda Grable and IDSI's chief financial officer Allan Schwartz. The Complaint alleges that the Company and the individual defendants made material misstatements and omissions in public filings in 2008 and 2009 regarding the timing of its application for FDA marketing approval and in 2010 regarding IDSI's failure to remit payroll taxes to the Internal Revenue Service. Finally, the SEC Complaint alleges that Grable and Schwartz failed to timely file beneficial ownership reports in 2009, 2010 and 2011 regarding grants to them of restricted stock and stock options.

The Complaint charges IDSI, Ms. Grable and Mr. Schwartz with violating Section 17(a)2 of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5(b) under the Exchange Act. The Complaint also alleges violations of various other provisions of the Exchange Act and rules thereunder. The SEC seeks permanent injunctions against securities law violations, as well as penny stock bars and officer and director bars against Ms. Grable and Mr. Schwartz. The Complaint also seeks unspecified civil financial penalties.

IDSI and the individual defendants are in the process of analyzing the Complaint and their defenses.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.


IMAGING DIAGNOSTIC SYSTEMS, INC.
PostSubject
#38706  Sticky Note IMDS STOCK REVOKED- August 1, 2014 janvonscanner 08/03/14 07:43:38 PM
#38705  Sticky Note IMDS REVOCATION- Complete list of orders and judments janvonscanner 08/03/14 07:42:12 PM
#37437  Sticky Note IMDS stockmasterflash 03/27/14 01:03:13 PM
#39010   The poster piped down after FRAUD was illuminated LongnShortOfIt 10/23/14 09:08:42 AM
#39009   You truly have to wonder how people can janvonscanner 10/22/14 10:29:37 AM
#39008   Knowing 'how to' make money and being DEFRAUDED LongnShortOfIt 10/19/14 02:26:45 AM
#39007   Sorry if trading pennies is not your forte. BillG2436 10/18/14 02:05:29 PM
#39006   Well, Bill, we're weren't part of making the LongnShortOfIt 10/18/14 09:08:17 AM
#39005   There were plenty of peaks here you boys BillG2436 10/17/14 07:27:44 PM
#39004   Oh.. Sorry. I didn't see where he janvonscanner 10/17/14 04:23:22 PM
#39003   Misread? Maybe you miswrote? LongnShortOfIt 10/17/14 12:04:46 PM
#39002   Let us know how that works out for you. janvonscanner 10/16/14 02:59:11 PM
#39001   It says: racam 10/16/14 02:44:52 PM
#39000   You misread. I never implied he sold after janvonscanner 10/16/14 12:07:48 PM
#38999   I didn't read it that he sold AFTER LongnShortOfIt 10/16/14 11:40:18 AM
#38998   Let's think about what was said. janvonscanner 10/15/14 09:24:40 AM
#38997   Then you were one of the ones SELLING LongnShortOfIt 10/15/14 12:50:04 AM
#38996   Burn baby burn!!! Smilin_B 10/14/14 01:23:29 PM
#38995   Bill, Are you aware the office for the new janvonscanner 10/14/14 09:26:43 AM
#38994   Bill, we have plenty left to talk about. janvonscanner 10/14/14 09:23:03 AM
#38993   yikes!! images.investorshub.advfn.com/images/uploads/2012/6/9/bexlfIMDS_cherry.jpg Smilin_B 10/13/14 09:49:37 PM
#38992   You see these posts Bill? Smilin_B 10/13/14 09:48:29 PM
#38991   I was one of the few who made BillG2436 10/13/14 09:45:06 PM
#38990   The "nothing left" part is correct Smilin_B 10/13/14 09:41:33 PM
#38989   What's a matter boys? Got nothing left to BillG2436 10/13/14 06:16:53 PM
#38988   The mystery deepens. LongnShortOfIt 09/29/14 07:04:53 PM
#38987   According to YELP, the new owner of IMDS-their janvonscanner 09/29/14 01:20:45 PM
#38986   Considering IMDS never filed a response for the janvonscanner 09/29/14 11:26:41 AM
#38985   IMDS has 12 days to file a complaint ICEINVEST 09/29/14 11:20:04 AM
#38984   Hate to say this but I feel the janvonscanner 09/29/14 09:34:49 AM
#38983   I see Linda Grable was delinquent at least Deighton 09/29/14 08:28:43 AM
#38982   IMDS announced they are paying off the IRS janvonscanner 09/28/14 08:52:33 PM
#38981   sure search records for grable,linda stockmasterflash 09/28/14 08:29:01 PM
#38980   Stockmaster, will you post link from your last Deighton 09/28/14 08:19:23 PM
#38979   Any bets on if or when stockmasterflash 09/28/14 07:59:42 PM
#38978   Test because this stock has been revoked! Deighton 09/28/14 07:53:30 PM
#38977   IMDS is an unknown symbol. Please try again, integral 09/26/14 10:34:53 AM
#38976   What happened to this 9 million dollars that janvonscanner 09/26/14 10:13:59 AM
#38975   Funny how that math never added up.Not one janvonscanner 09/26/14 10:10:51 AM
#38973   Burn baby burn right? Jim Ross 09/26/14 09:21:40 AM
#38972   Official- ALL IS LOST. Grable thanks you for janvonscanner 09/25/14 06:29:30 PM
#38971   How did that work out? The stock was janvonscanner 09/25/14 06:26:09 PM
#38970   Like many others, Grable lied to get what janvonscanner 09/25/14 06:22:21 PM
#38969   Oh man what ever became of that one Jim Ross 09/25/14 02:45:12 PM
#38968   We all know (speculate) this entire sham transaction janvonscanner 09/25/14 02:27:33 PM
#38967   This one is done! Now the IRS integral 09/25/14 01:38:12 PM
#38966   Sorry. GrundleHunter 09/25/14 12:57:43 PM
#38965   SEC Suspends Trading in Nine Penny Stocks in lucky,mydog 09/25/14 11:42:03 AM
#38964   I wish i could have seen this coming lucky,mydog 09/25/14 11:38:32 AM
#38963   Lol - yea.. GrundleHunter 09/25/14 11:10:46 AM
#38962   I'm gonna go with Linda lied through her Renee 09/25/14 11:06:18 AM
#38961   What? This got revoked. GrundleHunter 09/25/14 10:51:21 AM
#38960   $2 million down the drain...... Renee 09/25/14 10:10:59 AM
PostSubject