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Created: 12/01/2009 10:51:23 PM - Followers: 7 - Board type: Free - Posts Today: 0

PREVIOUS IBOX HAD:This stock has a low O/S and looks promising.  I WILL TRY TO ADD SOMETHING TO THAT.  But, please be aware.  This is a very risky stock in that there is hardly any information that I can find on it.   PLEASE NOTE: NAME ON IBOX IS INCORRECT. S/B IMC MORTGAGE (2 g's in mortgage).

Below, OTCMarkets.com shows IMCC's standing with Pinksheets and a bit of info.

 


Gratefully, eore's site: ALL FLOATS has the following from a message in June of 2009.  See below:



  

 

From http://www.alacrastore.com/company-snapshot/IMC_Mortgage_Company-2000400 :    Thomson Reuters Business Description:

IMC Mortgage Company was a consumer finance company engaged in purchasing, originating, servicing and selling home equity loans secured by first liens on one- to four-family properties. The Company focused on lending to individuals whose borrowing needs were not being served by traditional financial institutions due to such individuals' impaired credit profiles and other factors. Loan proceeds typically were used by such individuals to consolidate debt, to refinance debt, to finance home improvements, to pay educational expenses and for a variety of other uses. By focusing on individuals with impaired credit profiles and by providing prompt responses to their borrowing requests, the Company was able to charge higher interest rates for its loan products than typically were charged by conventional mortgage lenders. On November 15, 1999, the Company sold to CitiFinancial Mortgage (CFM) its mortgage loan servicing business and substantially all of its mortgage loan origination business.

The following is a summary given for a report that can be bought for $36.  I do not plan to buy the report.

Citifinancial Mortgage Co, a unit of Citigroup Inc, acquired the mortgage servicing assets of IMC Mortgage Co, Tampa, Florida for $### mil.

 
Acquirer:  Citifinancial Mortgage Sec Inc
 
Acquirer Business Discription:  Mortgage bank
 
Acquirer Ultimate Parent:  Citigroup Inc
 
Acquirer SIC Code:  6162 - Mortgage bankers and loan correspondents
 
Target Name:  IMC Mortgage Co-Mtg Servicing
 
Target Business Description:  Mortgage banking assets
 
Target Ultimate Parent:  IMC Mortgage Co,Tampa,Florida
 
Target SIC Code:  6162 - Mortgage bankers and loan correspondents
 
Please Note: Target Financials are not included in this report.Explain
Transaction Statistics are not included in this report.Explain

 
Free Sample: Click Here to Download
 
Format:
PDF Adobe Acrobat

 

 

 

I do not have much that I know to do as for DD so you MUST do you own DD!  NOTHING I post should be taken as your reason for investing. I am not a professional and do not hold any type of license concerning stocks or investing.  Therefore, you are responsible for the decisions that you make.

 

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#148 https://finance.yahoo.com/news/im-cannabis-reports-record-q1-175500880.html Ver oil export 05/17/2021 03:39:22 PM
#147 IMCC Finra deleted symbol: Renee 04/06/2016 05:46:47 PM
#146 "The Wolves of Wall Street" Sideways1 08/24/2012 11:30:48 PM
#145 There are no coincidences in life.. Sideways1 08/19/2012 09:31:34 PM
#144 Jimmy Crickets.. Sideways1 08/07/2012 09:48:57 PM
#143 Final Assessment: Sideways1 07/29/2012 10:13:43 PM
#142 "Transfer Agents" Sideways1 07/29/2012 05:05:44 PM
#141 "The Grey Market" Sideways1 07/29/2012 10:36:41 AM
#140 Sideways: All SEC Suspensions are for exactly ten Renee 07/28/2012 11:53:54 PM
#139 Evidently, the IMCC suspension was lifted. Sideways1 07/28/2012 10:34:18 PM
#138 IMCC SEC Suspension: Renee 05/14/2012 07:05:52 PM
#137 .001 HOD 400th vol pacman042 03/29/2011 11:59:59 AM
#136 E*trade has returned IMCC to my account due outnabout 03/24/2011 09:01:32 AM
#135 ah... yea if it has been a few TREEPLANT 03/23/2011 09:46:20 PM
#134 .0014 as u can see it has not tasha 03/23/2011 08:53:22 PM
#133 what price did you buy in at? TREEPLANT 03/23/2011 08:49:47 PM
#132 didnt buy, was just wondering. still a noob pacman042 03/23/2011 12:15:56 PM
#131 Some nice buys today...I been holding for years tasha 03/23/2011 12:06:58 PM
#130 Appreciate the update. I'm not sure broker to RichAndPoor 03/22/2011 10:34:09 AM
#129 Called Scott. and they have transfer agent as pacman042 03/22/2011 09:05:11 AM
#128 So weird, it went up yesterday though. I pacman042 03/22/2011 08:24:41 AM
#127 I'm with E*trade too, got the same notice. outnabout 03/21/2011 09:52:48 PM
#126 thx pacman042 03/21/2011 12:15:07 PM
#125 Not sure bro. Just letting you guys know RichAndPoor 03/21/2011 11:54:22 AM
#124 If that is true, then y is Mark pacman042 03/21/2011 11:32:41 AM
#123 Sorry guys, had to get out of IMCC RichAndPoor 03/17/2011 12:58:49 PM
#122 Someone just got some nice cheap shares. ctine2020 03/14/2011 11:10:20 AM
#121 Stop bid whacking idiots! RichAndPoor 03/14/2011 09:59:59 AM
#120 Been in this one for almost 2 years tasha 03/11/2011 10:56:12 AM
#119 This one is soooo close! Needs pub Miker0016 03/11/2011 10:35:10 AM
#118 Gapper? 002 x .0022 :) ctine2020 03/11/2011 09:36:21 AM
#117 Clearly this isn't a chart play, but the ctine2020 03/10/2011 03:03:20 PM
#116 At some point it'll get some exposure I'm ctine2020 03/10/2011 02:34:05 PM
#115 You can make some good money with IMCC. Miker0016 03/10/2011 02:31:49 PM
#114 I have a feeling that those bidding probably ctine2020 03/10/2011 02:23:42 PM
#113 Couple more ask slaps and we're there I'd say. ctine2020 03/10/2011 02:22:52 PM
#112 .0024 is the 52wk high and we're not JBJD 03/10/2011 02:15:28 PM
#111 Hope so! Keep telling myself that with ctine2020 03/10/2011 11:31:50 AM
#110 I wouldn't be surprised if we see some RichAndPoor 03/10/2011 11:13:13 AM
#109 Most likely. A measly 235k took it ctine2020 03/10/2011 11:09:56 AM
#108 I'm guessing we're pretty thin here at least RichAndPoor 03/10/2011 11:06:58 AM
#107 Maybe the party's getting ready to start? ctine2020 03/10/2011 11:00:59 AM
#106 IMCC - go bigly baby! You want to RichAndPoor 03/10/2011 10:54:33 AM
#105 Kool man, good luck to you. I am PeaceMakerz 01/27/2011 12:25:16 PM
#104 Yes...some stocks I buy and hold for 4-6 Daytrader1 01/27/2011 12:18:17 PM
#103 Well, I will keep an eye over here, PeaceMakerz 01/27/2011 12:04:00 PM
#102 big mistake imo. Daytrader1 01/27/2011 11:58:07 AM
#101 I am out.. Sold my shares today.. I PeaceMakerz 01/27/2011 11:42:13 AM
#100 IMCC afer .002 then .01 then it will hwllo 01/18/2011 06:31:21 PM
#99 IMCC somtin huge up 200% in 10 mins hwllo 01/18/2011 03:43:05 PM
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