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BK announcement coming Monday?
IMGGorBust, lobcrab, where are you now that we need you?
Could any of you Burbankers pass by 3200 West Valhalla Drive in your spare time and let us know if they are still in business, or if there is a big FOR RENT sign in the window? I would imagine Dean, as the landlord, is anxious at this point to get some hard cash for the rent, instead of the funny money he's getting now from Imaging3.
I just checked the IMGG chart for the first time in months.......and off in the distance I heard the tune "Nearer My God To Thee"
I wonder what Dean pays MTV to "reinitiate coverage" of the company. He by now must realize that reiniating coverage really means "lets rehash old news for the umpteenth time cause you have nothing new to report".
PS: Did he actually say to Baillargeon "from your lips to Gods ears", or did I hear wrong?
Chev........most who are still invested in IMGG
do watch the show, looking for pie in the sky, and knowing that Deano will serve up a slice or two.
"JANES HAS JUST SOLD 25% OF HIS SHARES."
AT...........is there a link that verifies this claim? Please share. Janes is supposed to be accumulating shares (remember the stock BB?), not distributing them.
........and we don't even know when this proposed meeting will be scheduled, or if it ever will be. My guess is that the FDA will tell Dean that he already has been told what he has to do and the info/data that he has to provide to "push this thing through". No additional meeting required!
SANO.........as I am now an intermittant follower of this board, I just happened across your farewell post dated Aug 30. I for one value your contributions and am grateful for your having shared your fresh perspectives and considerable knowledge of the subject at hand. As a fellow die hard investor, I hope this long shot (IMGG) eventually pans out for you, and for us all. Thanks and good luck!
007......beware of people who claim trading success after the fact. I think it has more to do with trying to bolster their own egos rather than bolstering their trading accounts.
I wonder if Dean sent in his formal request to the FDA for a 510K presubmission meeting. I think I heard that when the FDA receives it and date stamps it, the clock will start for a 90 day review period to determine if the request is SA (substantially approved) of NSA (not substantially approved). On the other hand, the FDA might issue to Dean a request for an AAK (additional ass kissing)during which the clock will stop until the request is fully complied with. LOL
Memo to Don Baillargeon:
Why would anyone spend time on the IMGG stock message boards? Well, let me try this on you. If it weren't for the message boards, as a shareholder who therefore has a substantial (to me) financial interest in it, I would only know about I3 what Dean Janes wants me to know, and 50% of that would be unfactual. Sure, your cant trust maybe 90% of whats written on the boards, but if you bother to seperate the wheat from the chaff you will garner, as I have, some valuable information that could be determinant in avoiding financial losses. If company executives like Janes decides that he wants to be an "open book", then it is imperative that he be completely truthful and forthcomming. Dean Janes has not been, and therefore has lost my trust. Thats why I treat everything he says with a great deal of skepticism, and consult the message boards occasionally, knowing eventually that the truth will out.
Now here's the kicker. Most of the untruths that Dean Janes has stated in the past were stated on your program, and, thanks to your financial interest in insuring repeat business, were never challanged by you. So my question to you is: given your lackadaisical attention to detail, why would anybody spend a great deal of their time watching your program?
I am not a basher or a shorter. I came upon IMGG, and am solely interested in it, purely as an investment. Having said that, to me there is no question that Dean Janes has lied to his shareholders and investors, and thanks to message boards like Ihub (for all their faults), and individual posters on them, those lies have come to light. If Dean Janes was really interested in transparency and accuracy, as he professes, then he would do a live Q&A, via conference call or the like, and address all the allegations made against him. The problem is that Dean Janes could never withstand the scrutiny that a live Q&A would present, as he knows, and therefore will only do farce interviews on the likes of Money TV. C'mon Dean! I challange you......tape the Q&A that you say you will do during next weeks "open house", along with the demo of the DVis, and post them on the I3 web site. Stop the BS and do something that will really make a difference!
"Close to ending first phase", "one to two weeks we're ready", "we're excited about it", "bulk of the road is behind us", no mention of video demo, four consultants who remain unnamed, hey get yur hotdog, hey get yur cold beer!
Anybody notice that while Dean Janes has been added to the Aliance Acquisitions' management team, Imaging3 has been dropped from its portfolio? Maybe Brian read the "wake up and smell the coffee" act to ole Deano.
Unbelievable! Apparently there are no limits to the depths of his deception. Interesting question now is who are the new "heavy hitters"? It's curious that they weren't named. Maybe Brian, the former Mrs., who knows? I'm sure Donny B. will get at the truth.
Only a CC, when Dean can be "cross examined", and a real-time demonstration of the device will dispel all the fears and suspicions. But IMO, and for obvious reasons, neither will ever happen.
A trading tip (that may actually be informative): Before taking the 'ask' hook, line and sinker, it would be wise to consider who is doing the asking.
The Great Divide! Sounds to me like Dean is going to the ends of the earth to get something through the FDA that is conceptual at best, and that the FDA is trying equally hard to get it through to Dean that they want something that actually works.
madtig..........Since you asked, let me refresh your memory. After the close of Mar 25, you were advising that "the daily chart looks pretty good." (#39661), a full 7 1/2 hours after I advised caution against chasing the share buyback hype. On Mar 26, the Saturday before IMGG's Monday open at its bounce high, you were telling us that you were "not back in yet, but seriously considering it." (#39682) It was not until after the close on Mar 28, the day IMGG tanked by 10% that you first advised caution. Would you not agree that chart reading becomes dysfunctional when they tell you to be bullish at the highs, and bearish at the lows?
The asks are being hit at resistance. Might be fidder behavior, but it aint smart money behavior!
Smart money is selling into the "share buyback"/MTV demand. Looks to me like a replay of two weeks ago. Caution is advised.
CNBC and Bloomberg are in the business of reporting newsworthy items. They are not in the business of interviewing pitchmen. Baillargeon is.
Or, bv, are you telling us that you actually learned something this morning?
The reason Dean does MTV spots is because, as a paying customer, he knows he wont have to answer any embarrassing questions. If he was really interested in keeping his investors informed, he would do another CC, but there is no way in hell that that is going to happen. There just are way too many grindstones out there, and his nose is way too long!
tiger.......I noticed that the difficulty of reading penny stocks on the technical side doesn't stop you from doing so, and that's why some baslance is in order. And as for your response to my curiosity, well......I'll take your word for it.
madtig.......because you are held in high regard by many novices on this board, I have to hold you accountable and present some balance. Just 13 short trading days ago, when IMO everthing on the IMGG charts were beckoning extreme caution for the very near term, your "charts/technicals" were telling you that optimism was in order, a position that is diametrically opposite to what it is today. See #38516, 38415; etc. Of all of those shares that you sold yesterday, it would be interesting to know how many of them you purchased on March 1.
Homer........you have any luck getting any info from Cohen and/or MWE regarding their relationship with I3? I wrote them a while ago and asked them for a copy of their client list but, as expected, I got no reply.
"Long and strong"......the words belong
to xtrachz's swan song.
Charles Schulz could not have done a better job!
http://www.thestockvideos.com/imaging3-inc-otcimgg-and-the-fda-excuse-cough-approval
I wonder if the I3 booth will be opposite the GE Healthcare exhibit at ECR 2011, commencing on Mar 3, as it was at the RSNA.
DEAN'S NEW STRATEGY:
"What we hope to do is meet with the FDA prior to submitting our package and say 'here's what we're doing, here's what we're gonna give you. Is there anything else you can think of so we can try to push this through to get a 'yes' "
WHAT THE FDA WILL BE THINKING:
"Oh, this moron is trying to bully us, telling us what we need, what we should be satisfied with, what our procedures should be, and to forget any pathway to approval and give him a 'yes' now!"
WHAT THE FDA WILL TELL DEAN:
Mr. Janes, In our NSE letter date stamped Oct 22, 2010, we included a whole list of items that were deficient in your previous submission. Please respond to those deficiencies satisfactorally, and you will get your 'yes' in due time. If you don't, you will get another NSE in due time.
PROBLEM:
Dean can't satisfy those deficiencies, as he knows, as the FDA knows, and as everyone else knows. That's why this whole exercise will be yet another huge waste of time and money.
Kingfisher.......in fairness to those on this board that have gone "above and beyond", sacrificing their time and MONEY to the benefit of others like you and me, can you disclose where you got the "unofficial copy of the NSE letter" that you posted on #35739? Thanks.
AT......this is what I found re. the subject:
1. High Definition 3D - HD3D (PN BI-750-00001)
• Scan technique for difficult to image patients or
anatomical areas, such as the Cervical-Thoracic
Junction and the Pelvis.
• 26 second scan time and 26 seconds to reconstruct and project on viewing station
• 192 slices at 0.830 mm in axial plane, 192 slices at
0.415mm in coronal and sagittal planes
http://www.medtronic.com/wcm/groups/mdtcom_sg/@mdt/@navigation/documents/documents/oarm-features.pdf
Not exactly "real time 3D" but,taken as a whole, the O-arm offers a hell of a lot more than the DVis does in its present state!
Please provide link for the .033 second reconstruct. Thanks.
After reading the NSE letter (thanks too, Sano), its become clear that the machine is nothing more than a rough prototype that is not, and never has been, anywhere near ready for a 510K submission, let alone an FDA clearance. There is nothing MWE can do to help expedite this through the FDA until all of the technical issues have been resolved. It would be another colossal waste of effort, time and resources for Dean to resubmitt at this point as the results would be the same. Instead of hiring lawyers, Dean's money would have been better spent if he had hired engineers to concentrate on debugging, rather than resubmission. But at this point, it appears that Dean's impulse has won out, and that will be costly indeed.
Tiger........there is nothing to analyze - the stock has flatlined! The little twitching here and there is nothing more than rigor mortis. GL.
lobcrab........as a retired project/manufacturing manager of a major electronics subcontract house in this country, and therefore as one who was not so far removed from the action as you were while sitting behind your desk in your ivory tower, I can tell you with certainty that the only thing I3 is prepared to manufacture is nothing but a few prototypes, if that. It will be months before they find, qualify and contract vendors; design and procure necessary tools and fixtures; hire department heads who in turn will have to hire and train assembly, QC, purchasing and support personnel and test technitians; write QC, assembly and test procedures; procure a parts and materials inventory; and set up production lines, and burn-in and test stations. And, the fact that this is a radiation emitting product makes the aforementioned all the more complicated.
I agree with Sano: Dean's only recourse, if he wants to see working product within six to nine months earliest, is to sell to or partner with someone who already has much of this vital infrastructure in place.
Nice post AT, and thanks for the info. The wording sounds eerily familiar.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=11112005
KF....I hope MWE insists on it, in order to avoid another 4- year fiasco.
But KF.......that's the whole point of the application......to do everything possible in advance to insure there will be no delays. The fact that applicants (like Dean) dont do that is the reason that they invented the "AI" designation.
Something is wrong here. In my opinion, this MTV interview is not something that a prestigious law firm like MWE would either recommend or endorse. Too amateurish and pointless!