Multipe False and misleading IMDS press releases. NONE of these sales ever materialized. IMDS NEVER received FDA approval.
IMDS had a history of announcing "sales" every year at the time of the RSNA meeting to move the stock price.
An Internet search could not find any evidence that Cycle of Life was a major supplier of medical services and equipment anywhere. Around the time of the news release, a Cycle of Life web site popped up, but it appeared to be a sham site with broken links and links that led in circles. The site then disappeared. IMDS's SEC filings showed that the company never received any sales revenues. IMDS revealed a few months after this press release the two "orders" and the $500,000 "sale" was a loan. Most of IMDS distributors are no longer in business, and or have never sold a medical device other than the CTLM.
"Sunlight is the Best Disinfectant" -US Supreme Court Justice Louis Brandeis
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