Imagin Medical Inc. (IMEXF)

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Excellent detailed article on Imagin technology in Ahead of the Herd by Rick Mills. What they have developed and have patents on is definitely a GAME CHANGER in the $46B endoscopy industry.

http://aheadoftheherd.com/Newsletter/2016/Imagin-Medical.htm

Also an update from President and CEO Jim Hutchens:

http://aheadoftheherd.com/Advertising/Sponsor_Page/ImaginMedical/index.html

Also the news release about the financing obtained:

Financing Drawdown Facility

Imagin announced, on the 22nd of February, that it has executed a non-binding term sheet with Alumina Partners. The understanding provides for a series of private placement offerings, over a 24 month period, to be conducted between the Company and Alumina Partners.

“We were impressed by the quality and pace of the ongoing clinical research supporting Imagin’s i/Blue system and, unusual for the emerging growth space, by its lofty academic pedigree as well. Jim Hutchens and his team of industry veterans are poised to substantially change the way we approach bladder cancer – the fourth most common cancer among men and by far the most expensive to treat. For a company of their size to credibly even have a chance of contributing to the fight against cancer is nothing short of extraordinary. We at Alumina are proud to support innovators like Imagin Medical, and we look forward to seeing what they accomplish in the year to come.” Adi Nahmani, Managing Member of Alumina Partners

As part of the Alumina Financing Cdn$125,000.00 has been drawn from the facility. Imagin also conducted a Cdn$100,000.00 financing in which the company’s president and two directors invested Cdn$60,000.00.

To sum it all up iblue will be on humans shortly, the company is financed through FDA approval and commercialization and insiders have taken part in financing the company.

Richard (Rick) Mills
aheadoftheherd.com