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Saturday, March 29, 2008 1:25:08 PM
2007-000633755 Common Amendment ACTIVE 08/08/2007
Now, on August 31, 2007, we received this PR: http://markets.about.com/about?GUID=3060159&Page=MediaViewer&Ticker=IMTD
stating the correction with respect to the A/S. OK, great, the A/S is now 490M shares. Now, on 8/8/2007, the company files a 504 offering with the SEC: http://www.sec.gov/cgi-bin/browse-edgar?company=imagitrend&CIK=&filenum=&State=&SIC=&owner=include&action=getcompany OUCH! Notice the date of the Amendment? hmmm. weird no? How they gonna sell shares? Well, I'll tell you how. They are going to increase the A/S!! But didnt they just PR that there was an error in the A/S? Scumbags!!! hehehe. So, now they file another amendment with the Wyoming Sec State. This is our little stinker: 2007-000642127 Common Amendment ACTIVE 10/22/2007. Why? Cause it contains an Amendment to the A/S? Guess how much , can you guess , huh? Yes , it's 1,490,000,000 , just like it states in the public notes section of the Wyoming Sec State. Remember , I have the actual documents. So, what does it all mean? The company is selling those extra shares to accredited investors , who have , most likely, already dumped into the market. Wanna here the good news? Or is it ? The new CEO, may or may not be cleaning this up. He certainly wants the shares that were dumped, but will he use it for good or evil? At least it's a step in the correct direction thus far. yes?
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