I'm going to lay out some DD for you folks to look at it, and I will address ALL issues pertaining to the pps, debt, tax issues, and what CTLM is. Once you read over all of it I have a feeling you will feel a renewed interest. The .0005s are an absolute steal, and a miracle to get any .0004s, as this SHOULD be trading @ .02 ... board such as PSIONIC MATRIX with 1700+ followers, PENNY WATCH, THE BLUE EXCHANGE, and LOGI-COOL STOCK PLAYS are alerting IMDS as well as several other groups on twitter showing awareness(i.e. Strategic Stocks w/ 20,000+ followers), and I'll explain why:
1) CEO confirmed no R/S and 740 million shares are going to be cancelled by the SEC from the O/S. This is the first critical piece of information I went about obtaining as I do with all trip 0 stocks. Anyone in the trading game for long enough has experienced the effects of a Reverse Split, including myself, so making sure no R/S is in play is vital to my personal trading decisions.
2) 52 week high was reached above .02 between August and September of last year. Now there's a lot of posting about the current debt and IRS liens on IMDS. In fact, they had this debt and lien issues long before August and September last year, and the stock was trading at .02 with all of those factors INCLUDED. So what brought the pps down?? TOXIC LENDING folks! A lot of the loans IMDS received was repayed in the form of converted shares that were sold on the open market. That in conjunction with short sellers is what has granted us this wonderful buying opportunity in the trip 0 range. Also...the stock was trading @ .02 with half the a/s, and the company said that part of the purpose of increasing the a/s were for anti-takeover measures.
3) The IRS lien is capable of haulting operations entirely. But as the company has addressed they have special council dealing with the issue, and the IRS has been involved for about a year or more. The fact it has been a year and the IRS hasn't haulted operations should speak loud enough as is.
4) The financial condition is also improving, though for IMDS that isn't my greatest fundamental interest. Their revenues for Q1 have increased approx. 500% since Q1 of the year before. The demand for their CTLM technology is worth $1 billion in revenue in the first year alone.
(In case you are unfamiliar with their CTLM technology, IMDS's primary product will revolutionize breast cancer detection. Here's a link to what CTLM is all about with bullet pointed info: http://www.imds.com/ctlm/ Their product is already being used in China, Germany, Hungry, India, Indonesia, Israel, Italy, Malaysia, Poland, and the U.A.E. as we speak. No hazardous partciles (no x-rays) and they don't even sqeeze the breast anymore, it rests naturally)
5) The company has 35 patents in total, 20 U.S. and 15 international
6) In order to sell the CTLM commercially in the United States, they must obtain marketing clearance from the Food and Drug Administration (FDA). A 510(k) has already been submitted and in the review process, and this process typically takes 90 days. They also have pending Mexico and Russia certification.
There's no reason why I see the FDA not approving CTML given that several countries are already using it, they have already received FDA export certification, and MULTIPLE reputable media outlets have already published articles on the success of CTML for example SCIENTIFIC AMERICAN. It's simply a no brainer.
7) I have a contact that has spoken to the CEO...an update is expected within the next 2 weeks though the details of what was on the table could not be specified as I imagine it would be inside related information. Needless to say I'm very excited to find out what's going to be announced...FDA approval will immediately bring this stock to .10+ ... you factor a short squeeze and financing (which lets be realistic, with FDA approval the potential investors will be backlogging IMDS's schedule) and not to mention making IMDS a big buyout candidate. For $1 billion in revenue for the first year alone, the gain potential is nothing people have ever scene.
There's an old saying...tomorrow's headlines is yesterday's news. Load time is now imo. Any questions folks please contact me via ihub in a personal message.
-Dev Replies: I'll keep an eye on $IMDS....anyone know how ironguts on 6/5/2012 3:17:57 PM Devcool, GREAT IMDS DD AND RESEARCH...
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