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And when you think things can't get worse, they do. I'm betting every penny in my pockedt that IDSI will launch another R/S 60 days after this December 4th one. I've seen this before. It's unphathonable to believe IDSI could do it again, but I bet they will. They need cash and they'll hit the easiest targets as often as they can.
Give credit where credit is due.........
I believe it!
Give the SEC time as well. They will catch up to these crooks. It'll take time, but they will eventually. False advertising, false promises. It's all documented and anyone and everyone that has misled share holders will be off to wear stripes. It doesn't do any of us sharholders any good. But some justice will come to fruition. The SEC should be much more proactive and preventing such losses for shareholders. I was hopeful the Obama admistration would have had some impact on all this. But, not the case.
The entire company of IDSI and staff is commical and a joke. This last tatic of issueing a R/S on December 4th was the last straw for me. I'm sure Ms.Grable thinks with her side kicks that all that has happened in 19 years was done "in the name of good business practice". I've worked for such business people over the years and the only ones that benefit from such a business philosophy is they, themselves and their family. The window of opportunity for IDSI and their patented CTLM has long gone by.
Maybe if they had focused on financing, clinical trial results, FDA compliance, bla, bla, bla, they would have mounted to something as well as some $$$$ for long share holders. It is very clear Grable, O'Brien, Schwartz are pulling out all the stops to milk this thing for every penny they can steel!
Well, here we go. We shall see where this takes us. Might be the one diamond in the rough.
this is one quiet group. Took me a while to get my shares, but eventually I did. Some shares had to become available. Let's rock WMXG!
Now we're getting some where!
Wouldn't you want to try and get out at .0002 per share before the R/S?
This must be the fluff PR that was touted. What ever it is.
Thank You. This is helpful in trying to gain some understanding of how rampant the deception is in these penny stocks. I know I've been in other crooked penny stocks under the same senario's as IDSI and eventually, those CEO's and upper management did go to prison. I just didn't think this organization would ever end up where it's at.
So ............. why?
Why all the pump from this Sqeak character? What's the motivation behind all the pump of IMDS. Even if he/she does in fact have 100 million shares, with the reverse split, the pot beens reduced to 200,000 shares. If the pps after the split come to .0006, that's a whopping $120. Give the pps the unbelieveable doubt of .006, then it's $1200. Hardly a scratch in the surface of return of money spent on obtaining that much. A possible imployee of IDSI?
In light of everything that has happened, the lies, the deception, the false posting of things that never happend over the YEARS, how can there not be crimminal charges executed?
Does the SEC have any purpose? Or the FDA?
Janvon.............
I questioned this repeatedly, over and over. What CEO would share such confidential information to a share holder at any time about any aspect of the companies progreses? Shoulda, woulda, coulda, but I didn't. I'll let it ride just before the 29th and take what I can. What a shame, what a scam!
Is it publized any where as to the exact date the R/S will take effect?
Thankyou for your quick response on this.
I've seen and have been apart of R/S's before. Never, ever has it been beneficial or worked to the advantage of the share holder that I've ever seen. It is my deepest hope that all of managemnt of IDSI are met in a dark ally with someone that has a baseball bat in hand. Sure won't be me as I'm far, far away nor capable.
What's the senario here? Take my pultry pittin's of 20 million shares that I've accumulated over the years, taking little bonus money here, little extra commission here and trusting IDSI and investing in their vision, their technology. Thank you so much for reciprocating the trust and belief. What's the course of what is to happen with it? Starting tomorrow, is my 20 mil automatically reduced to 40 thousand shares? And at what rate? Does this sky rocket to .0004er share so that now my thousands of dollars invested over the years to accumulate the 20 million shares is now reduced to a whopping $16!! Is this what I'm looking at? Please excuse me for being a little ticked off and not wishing anyone running IDSI management the best!
Where is the formal announcement on this?
Call me a little crazy, but I don't think this debt is all that unsurmountable. There have been many a company with debt much larger and on the brink of closing up. With the right merger or finacer they will be fine. I would think Al, Deb, Linda etc have got to be exhausted with how long this has gone on. Time to drop the fruit off the trees.
If in fact IDSI has suspended PMA approval, how can we "have our day"? If IDSI has suspended PMA efforts, that's the biggest mistake for them. I know it's expensive, that's why they need to pursue financial backers to follow this through. The PMA is what will launch them. I know they're up against strong opposition like the manufactures of the mammogram manufactures. But, come on!!! Get your self some good lawyers and take the FDA to the matt! What are they afraid of, going out of business? Oh, gee, that's right, they're almost there now. And traking all shareholder's money with them!
WOW!!! Back in Febuary. How time flys when you're getting the $$$$ kicked out of you.
In all my years of following IMDS, this is without a doubt the worst senario I've seen the situation. Look at all the money that will be lost from believers in the company, long or short share holders. Hundreds of thousands of money will be lost if this succums to zero bid or R/S. How can the management of IDSI even sleep at night. This is nothing short of another Madoff scam. Where was this PR from Deb O'Brien or Mr. Grable stating they were concerned about the shareholders, no R/S, etc. Tried to track that down. Was back in June, May?
Just terrible, absolutely terrible!
SHE did not go to China!! Her and IDSI could no more afford this type of trip than the man in the moon nor would they, or should they share such confidiential buisness information! If China is our salvation, we're done. The key is with the FDA and the PMA. I'm realizing I'm Screwed. IMDS has no sympathy, no respect, no care for all the longs that have supported them over the decades. I will hope for a one last boost, take the da money and run. Its a shame!! This could have been a great opportunity.
What heck, me too. Today.
I think my bubble burst some time ago. I'm looking for one more little surge and will take what I can and run. Too bad though. I'll bet Richard Grable, the originator of IDSI had all intentions of running this technology all the way to the top. It could have been a $20, $30 pps stock early on. Unfortunately, his wife and daughter just ain't got what it takes to make this run. Could be wrong, but at some point everyone has to call this animal for what it is. And I'm just about there.
Someone may answer on her behalf, but I'm sure it ain't her.
I would have to tend to agree. Where does all this hype come from?! They should be putting every man, woman, child, manager and consultants on the PMA process and approval. That's the real key to their prosperity, and us share holders. I don't care about other competitors out there. Their technology could off new options, competitve solutions to 3D mamograms. That's just a part of business, competition.
Squeak; I like your positive attitude and hope you know something I don't. After being in this since 2003, this is getting old. I've had my chances to make a little but never pulled the trigger. Sure wont' miss this train if it ever leaves the station.
Hey Hologic, if anyone, someone is reading, buy this company out and I'll let you have my shares for .50 a share!
Sorry to say I'm suspicious for sure about Ms. Grable sharing such information. CEO's should not be sharing such information with shareholders. I would think there would be a point of contact within IDSI for shareholders inquiries that is informed as to what can be shared and what cannot be shared.
Well done Driven30, well done. Like I posted prior, if and when the PMA is or is not approved we will all know on that given day. No knows until that time.
You are right on with your assesment. I remember buying and selling back in 2003 (over a buck) 04 (.70+), then in 05 when it nose dived when Tim Hansen was the CEO. He was the one that I attribute (IMO) to the idea of dilution. He came in when it was about .77pps and in two short years, it was down to .15pps. As far as accomplishments, I don't know, or am I really sure of anything at this point. There has been far and few opportunities to make some $$$, but there has been some. As I mentioned in prior posts I was certain that in 2005 because of no PMA annoucement, they were done. It's 2012, 2013 around the corner and they're still hanging on. If they are close to financial assistance or PMA annoucement, no one, and I mean no one is going to know until it's released. So for me, I'm giving this to the end of the year. If nothing happens, I'm done, I'll move on.
It never left. Believe me, I've seen the cycle of up and down, around, down and up in a 12 year period. I will be honest, time is running out. But then, I was sure the end was imminent in 2005. And yet, they're still around. Good product, great market, good web site, not so sure about leadership or honesty to the shareholders, but at this point, I'll give a little more time before saying "enough is enough".
Zake, and you won't either. FDA is pretty hush, hush when it comes to announcing their approvals. I've been in on IMDS (IDSI) for 10 years now. Certainly have had opportunities to make some money. One would think the powers that be at IMDS would have situated themselves with the righ stuff for PMA approvals. Either they have, or they can't and are milking this for all it's worth for as long as they can. I'm with you on this one.
My my, opinions are quiet today. Patience is certanily key, but patience can only last so long before the window of opportunity comes and goes where a company with good ideas is diminished to nothing and long shareholders are left with nothing. None the less, my posting is done. "Show me da PMA".
Yes, of course, the everlasting evading PMA is the key. I have bit my tounge over the past 10 years, but lets call the animal what is(i.e., a zebra is a zebra, etc.). Had Dr. Richard Grable been able to cary this to the end, I have to believe all long shareholders would have been rewareded long by now. It was rumored back when IDSI started, this was to be the Microsoft equivalent in the medical device field. It's been far from the truth. Too many botched mistakes made by Linda and Deb O'Brien because of lack of FDA proceedural protocal have been exercised. And, maybe, perhaps over zellous greed has led to the delay.
I am staying long because I think what ever is in the works, will prevail. I myself have filed complaints, letters of concern to my senators, congressman, FDA about the concern that antequated mammogram technology lobbiest influence and big corporate competitors is not helping. Don't disappoint your shareholders IDSI. Don't be another Bernard Madoff!!!
Couldn't agree more. Long time ago I checked into the costs of submitting PMA's to the FDA. It's like $250K just to apply! Then there's the clinical trial studies, the re-applying, and on and on. It ain't cheap that's for sure.
I just read this on the MSN web page. A pulbished report of concern via British Medical Journal. Mammograms, old technology and yet, like cigaretts, allowed by the all might FDA to let them continue to be as is. Come on IDSI, get that PMA finished up!
Darn right! Like I've said before, where's the PMA approval?
Let's move.....
Yea, like PMA approval from the FDA!!!
thats pretty much a given. This is taxable earned income and must be figured into your yearly income.
you should make 10 fold that if the FDA acts responsibly with the PMA.
If that cazy PMA hits, pennies will be nothing.