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How can we find out if MWE is still on board?
Dean is not talking...
Jim Cohen is not talking...
My crystal ball has not arrived yet...
Meat, I wouldn't bet the farm or the kids college money just yet.
What goes down must come up! Here we go, rebound and on the way back up!
Phil, Dean the Penny Stock CEO, Carnival barker, Thief, Liar, Scam artist is innocent until proven guilty. So far, nobody has proven him guilty.
IF the sit down meeting with the FDA happened, we wouldn't know about it anyway.
Madtig, good post! This confirms what we have been saying, they are not allowed to demo the product and they now realize they must only communicate through the proper channels. BTW, what is the newsletter, is that something you can subscribe to on their website?
SMF, Those are all good questions. Did you ask those in the know and if so, what was their reply?
They say Silence is golden..... This means Dean is focused on the product rather than the publicity right now. We will hear something when there is something to be heard.
LOL
not 7 x 365 x 318 = $812,490 IN INTEREST
I believe you mean 365 x 318 = $116,070 IN INTEREST
Let me look into my crystal ball (LOL). I wish I knew what form of communication Dean will use with the shareholders next. I would assume it would be another MTV spot (which seems to be worthless) or something on the company website.
The removal of investors from his facebook was a good move. Dean should not be discussing business on Facebook anyway. Although now we can't tell if he is discussing business on Facebook anymore, it removes distractions from him and I don't really think a CEO should be discussing anything about the company on Facebook or communicating with shareholders.
Hopefully Dean will be giving the shareholders an update soon. He is probably just focusing on resubmission right now.
and some proof would be nice too.
Mugs, based on your reply, it seems you don't have proof Dean lied to the SEC, correct? You are just stating your opinion.
Agreed. We all want something to happen. This is like watching paint dry now. Please submit soon so we can just get this over with.
I meant what happened, not how long did it take.
coldterd, what was the result of the final day in court?
EJB, Thanks for confirming "I and everyone here on this board can not say if the Dvis is for real or not." So many are totally convinced there is no working device, etc, but won't put out proof.
I agree that we will find out soon, but nobody on this board knows for sure (unless they signed a NDA) at this point. So, those for and against should just agree to disagree for now.
Mugs, Dean is guilty until proven innocent. I thought our legal system worked the opposite of that. Perhaps we should let the SEC and FBI take care of the Penny Stock CEO and thief. They will have to go through all the legal channels first rather than just saying he is guilty.
I believe one of two things will happen. Either the DViS will work and get approved by the FDA or the SEC will shut him down and put him in jail. you cam be first in line to see him in prison.
Ms Mugs - "his device does not work as advertised"??? Please post your proof, or is this just your opinion. As far as I have heard, there is no proof the DViS does not work, so please enlighten us with your infinate wisdom.
Long live the Penny Stock CEO!
Sano, Apparently some people do not understand what an NDA is and why it is used. You say the jig is up. What makes you say that? I don't see anything proving the jig is up. All the talk that the DViS does not work is heresay. Just let this play out. Nobody has a definate answer except those that signed a NDA and they cant tell us.
As a reminder, if you missed the post earlier today as well as weeks ago, the FDA replied (in this post):
Only items currently undergoing 510(k) review can be demonstrated or marketed. No promotion or advertising activities can be performed before the device has been cleared for marketing. Demonstrations of the device on television, video, the internet, or any other medium are considered to be marketing. The same is true of still print displays and other information about the device that is made available to the public.
You can have a display unit to show the shareholders. The display unit must be clearly marked with “For display purposes only” and “Not for human use.”
FYI- A non-disclosure agreement (NDA), also known as a confidentiality agreement, confidential disclosure agreement (CDA), proprietary information agreement (PIA), or secrecy agreement, is a legal contract between at least two parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes, but wish to restrict access to by third parties. It is a contract through which the parties agree not to disclose information covered by the agreement. An NDA creates a confidential relationship between the parties to protect any type of confidential and proprietary information or trade secrets. As such, an NDA protects non-public business information.
NDAs are commonly signed when two companies, individuals, or other entities (such as partnerships, societies, etc.) are considering doing business and need to understand the processes used in each others business for the purpose of evaluating the potential business relationship. NDAs can be "mutual", meaning both parties are restricted in their use of the materials provided, or they can restrict the use of material by a single party.
It is also possible for an employee to sign an NDA or NDA-like agreement with an employer. In fact, some employment agreements will include a clause restricting employees' use and dissemination of company-owned "confidential information."
In some cases, the contract may state that the existence of the NDA itself cannot be disclosed
Still no proof? I haven't heard an ounce of proof that the device does not work as it is intended. Everything so far is pure speculation. There is no proof for or against the device working as advertised as anyone who has seen it signs a NDA. Its time to show proof if you are saying it is a known fact. Otherwise, it is just your opinion.
Are you kidding? Selling to a vetinary clinic is the worst thing a Penny Stock CEO could do. I'm glad he is not taking your advice or he would be in more trouble than he is already. If you cant show this to anyone (without a NDA), why would you sell it? You just have to be patient and wait for the final outcome from the FDA.
Cabo, I missed your proof that "There is no working 3D machine". Please post it for those of us that haven't seen it. The last I heard, everyone who has seen the DViS had signed a NDA.
Did anyone download the missing CC?
AT, I didn't see the letter saying "The SEC forced Dean Janes to separate business, which is a public company, from his personal life.". Please post your copy so we can all see it.
Facebook is the wrong place to conduct business communications. Dean did the right think kicking all the investors off Facebook to limit his distractions. Even before Dean kicked everyone off Facebook, people were complaining that he was communicating to investors there saying he was only giving information to his friends and family or anyone else that friended him (thousands of them).
Now, the only lines of communication are through the website and Money TV. MWE, GE and Toshiba do not return calls to investors. I don't blame him for leaving the forums as well as he got blasted for everything he did or didn't do. That became a huge distraction to his business dealings.
I too would like to see an open forum where Dean would communicate directly with investors, but I guess that ship has sailed.
Ms. Mugs, Dean Janes, the penny stock CEO has created problems by his lack of knowledge of the 510k process and his inability to communicate correctly to the investors. I would still like to see proof in the posts that are stated as facts. I haven't seen that lately.
Mugs, remember, innocent until proven guilty. Let the courts decide.... Dean is probably guilty of being a stupid CEO at this point, but if the DViS is real and gets past the FDA, everyone betting on IMGG will be set. If you put every person in jail that was guilty of being stupid, there would not be many of us left.
Mugs, "it just does not work"??? Where is the proof or is this just your opinion. Have you seen a demo where it failed to work as advertised? If you saw a demo, you would have to have signed a NDA anyway so you should not be discussing it here.
I challenge anyone to prove the DViS does NOT work. If there is no proof, it is just speculation or heresay.
So, again I say, there is no proof that we are aware of that the device does or does not not work as advertised. Show us the proof or state that this is your opinion (IMO)!!
Longrun, That confirms the FDA is typical of a government agency in that they are slow and have complex processes that can be extremely difficult to navigate. I look forward to further information on the company you discussed in your post. I take this as a positive bit of information about IMGG relating to the FDA.
Since we know Dean Janes the penny stock CEO/carnival barker/huckster/lyer (LOL) does not understand the FDA 510k process well enough, having assistance on this submission gives us a better chance of approval this time!
Good luck to all!
That makes sense. People put their money in other stocks, get a higher return, then come back to IMGG when it is ready to pop. I should have thought of that, but I held my shares instead.
Something is up. People are buying again. This may be in anticipation of the resubmit. Any ideas?
Disregard, its back to 0.155 now.
IMGG is on sale today for 0.143. Get it while you can at this bargain price.
Thanks Tig! The chart represents the "mood" of (some of) the investors (LOL). The institutional investors are obviously not represented on the board.
The FDA will approve Dean Janes the penny stock CEO's working device soon! He is on the right side of the FDA and there he will stay!! They know that he has been submitting improperly and has profeccional help and that the device does work!! You can tell by the tone of the NSE letter that they just want it submitted right!!! A re- submission will mean approval becouse serious institutional money that is needed to move this stock is there and retail money does move stocks!! If he does submitts we are looking at $1.00!
The volume is so low. Good luck getting new shares at this bargain price.
Thats two up days in a row. looks like a trend reversal. The bulls are back in town.
Woo Hoo!