Thursday, May 07, 2015 11:00:54 AM
Why did IMMA suddenly become dormant? Probably to reduce the considerable chance that its trading will be suspended by the SEC to protect the public. The invasive telemarketing used to hawk the stock -- rarely seen in these days of "Do Not Call Lists" -- no doubt set off alarms at the SEC and elsewhere. A trading halt would prevent insiders from dumping additional shares.
Note from the SA article:
"Emailed to: 5 people who get IMMA real-time alerts and 147,731 people who get Global Investing daily."
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