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Not without FDA approval. It can't even get out of the closet till then.
How about getting to first base and get FDA approval? Might be able to sell one then. What is it 18 to 20 years and they are still in the development stage per the last SEC Q.
Practically double the share amount and no reverse split? How about a 1000 to 1 reverse on the way.
Yep they attend a trade show. SO? Can't sell one in the U. S. Don't have FDA cclearance. That pesky 500k keeps poping up doesn't it.
Any real proof you talked to the CEO? I can make claims I had dinner with the president. I can claim I own the empirestate building. Doesn't mean I do and just cuz you say you talk to the CEO doesn't mean you did. Proof of the machines being sold in Mexico? Proof of SEC filing? Guess I was right that they didn't have one on file. Proof please. Hard Proof. This is smoke and mirrors.
Any proof he talked to the CEO? I could claim just about anything I want also but I back my stuff up with facts. Looks like this place has turned to spreading stuff that is baseless and no proof can be supplied. All I have done here is state facts and given links to back them up. I emailed SHIMADZU and no reply from them. Now if I was the CEO of a company I would just drop everything to take a phone call from some investor from out of the blue. That would surely be worthy of me to shirk my duties of keeping a company running. Get the proof.
Emailed but no reply yet. TAP TAP TAP waiting with baited breath.
Hang tight let me back track it to confirm. DD you know.
IMDS fans Just checked out the Shimadzu Medical web site and there is nothing in their news about signing an agreement with IMDS. Check it out! http://www.shimadzu.com/index.html Cruised the complete web site, even the sister country sites and no mention of an agreement from May 14, 2012. I find this alarming that such good news didn’t seem worthy enough to make the Shimadzu Medical web site or could it be a hoax that IMDS had just made a phone call begging them to market their equipment. Be cautious my friends! Someone is blowing smoke up your skirts. No short sellers here to speak of just financiers who are dumping their newly found shares on you at a 100% profit. No hedge funds investing in a .000? stock. Flat out smoke and mirrors. Just chatter about talking to the company and no proof. I can make the same claims but do they have to be true? Most certainly not. Next thing you know we will have the CEO of Shimadzu Medical commenting on this board. I am sure someone will dream this one up shortly.
Really now I just got smaked for directing you guys to the FDA report from 2010 where the machine failed. A 2008 report. How much u holdin at .001 to sell to these peeps. I want some of thise .001'S to sell too.
Im with u on this one
Now if I was a major hedge fund I would be shorting this .000? stock. Right. Look at the shorts. Not there. Financiers are selling their shares which looks like a short to the novice. When it hits the bottom that is the time to buy. Let the dust settle, they will need capital and do a pump. And did I here abandonment from someone?
That is correct the FDA doesn’t post pending 500K but the SEC filings clearly state they don’t have the funding for trials much less a pending approval to the FDA. Now for the positive or negative report from the FDA, it is clear that IMDS has never attempted to clean up the 2010 issues with the machine failing at the hands of the FDA. Sounds like they walked away in hopes that it would go away. Can’t have a 500k pending when you can’t do clinical trials and a broken machine. What you can have is a 500k setting at the FDA in a file cabinet gathering dust. It would be pointless. Now their website states that the 500k is pending FDA approval. HUMMM?? So pending from 2010, they don’t have cash to support the trials and diluting the stock at a mad cap pace. Now that makes perfect sense to me.
Now look at the financials. If they were selling outside to other countries like the say they would be making bumper profits. Nope pumping out more stock to clear notes.
Sounds like a little white lie that won’t hurt anybody except the investors and the PPS was sold to the financiers at .00015. They have been cleaning house. Tapin those .003’s hard. I am going to profit from this gem here in a bit. Was that a buck 40 that just went for .003?
Now let me clarify something I am not bashing I am stating facts.
That is the only thing that comes up at the FDA site for IMDS. Surf it for yourself. No 500k pending just a bad report from 2010 that seems was never resolved. Can’t do all your DD here. Again if I can profit from this I will when the opportunity comes about. And here comes the .003’s
Just some DD from last nights banter over this stock on another board. “WINK WINK” Just so that person can get huffy again. Again I would really like to see this company produce something as they are advertising. This would be a dream stock but… Please read and yes we can still profit from a shell company but must use care.
Link to the FDA on the only thing IMDS has:
http://www.accessdata.fda.gov/scripts/cdrh/cfdocs/cfmaude/detail.cfm?mdrfoi__id=1834512&utm_campaign=Google2&utm_source=fdaSearch&utm_medium=website&utm_term=CTLM&utm_content=1
If there is a 500k pending I cannot find it on the FDA site and they didn’t fare well on this 2010 report.
Patents are there but then again I know a guy who got a patent on a fishing lure and never made a dime. Link to patent office:
http://www.uspto.gov/
Looks like the have them all but what good are they if they can’t get FDA approval?
Cruse their website and look for news and there is nothing new. Looks like if they were really movers and shakers they would keep this site up to date.
SEC filings are current but read them. I quote the latest 10Q dated 3-31-12.
NOTE 2 - GOING CONCERN
Imaging Diagnostic Systems, Inc. (“IDSI”) is a development stage enterprise and our continued existence is dependent upon our ability to resolve our liquidity problems, principally by obtaining additional debt and/or equity financing. IDSI has yet to generate a positive internal cash flow, and until significant sales of our product occur, we are dependent upon debt and equity funding. See Item 2 “Management’s Discussion and Analysis of Financial Condition and Results of Operations”.
The SEC does not cancel shares as is posted around here for everybody’s information. The company does so you better understand the SEC filings. Ever wonder where the bottomless pit of shares are coming from?
This is food for thought folks and if I can profiteer from this company I will but I do homework.
Double WINK WINK. Just couldn’t resist.
And with good PR the stock will climb. End of story. Wish all companies could grasp this concept. Keeping the investors happy is a good platform to move to newer highs and keep people interested in their company.
That is the truth and that is the way with BOI holdings. Have set on some for a while but usually they work out with time. Just don’t invest the farm on them.
Precisely. That is why I said they hold hope, not that they have to produce anything. Hope can be a powerful thing and influence people. Look at the last election cycle for president and see what it got us. The promise of hope can dash dreams but dreams of hope can never be dashed. Say that a few time and it will make sense, hence the BOI market turns and we stand to profit from time to time.
As with any pump and dump it starts with the SEC filing of a form 4. That is usually an indicator it is getting ready to run. If the shares can be executed immediately then it is almost a sure thing but not always. Form 3’s also give clues as well as the 8. So in reality most of the companies we deal with in Pennyland are skeletons, shells and start-up ventures we are gambling on. BIOs are no different except they hold hope that their research will discover something. That is where the BIO stocks differ. Now if there was some insider buying just before there was some news of their trials or discoveries don’t you think that could be an indicator? Food for thought.
Read the date of the article not the date of the website. Do a Google search and you will come up with the same article from Nov 2011. No sense in trying to explain but I hope it will shed light to others so they will know to do their own DD. Must have set off a nerve because I called you on it. From now on I will do my best to call out all misdirected DD. You have given me a mission. This is just like being in combat again except we don’t have weapons just keyboards. Didn’t your Daddy tell you to respect your elders.
Good article but for any good DD person to be sure it is wise back track any article written. Now I would like no more than IMDS to soar, but when so much false information is being spread around it makes people leery and keeps the stock down. Now for the link to the article. As usual I reverse any link from the site it sends me to. I type in Global Mammography and nothing comes up for that article for today. Type in Mammography Equipment and it still does not come up, but if we go all the way back to November 11, 2011 we can find this article. Smoke and mirrors is only going to destroy this stock and if you cannot do good honest DD then quit posting. I would be willing to bet you are the same person who was beating the stock down so you could grab some cheeps and now pumping hoping you can break even. This is shameful because this company has some good stuff with a few skeletons in its closet that can be overcome.
I am still in the stage where I search the news and look for the impact buying. I am getting better at the financials where you can find the Q, 8, 10, aw and mainly the form 4. The 4's tell me that there is about to be, or could be a run. Right now I know enough to be dangerous but also know there has to be profit or the ability to make one soon, not many rev splits, a marketable product, good management and most of all some PR on a regular basis. That being said, there could also be a merger, rev merg, or takeover and that trumps a lot of the other variables. The research is getting easier but there can never be enough. Once I get comfortable with my picks you can be assured I will post them to the group. There is way to much room for profits in this market. I hope I can give back to this board as much as they have given me. I am back researching every pick that is posted so I can understand the reasoning and to my surprise I have had a few of the picks on the watch list so it must be working. I like the wave theory.
This board thinks a lot like I do and I am glad I stumbled across it. So true om CYNX and it has been on my watch for a couple of months. Do a little surfing and there is chatter which makes me think a wave early next week. Look at the time between trades from the L2 and the volume, it kind of firms that up. Simple signals like SEC filings give big clues prior to a run. If folks would put together a watch list and follow it, it is amazing how the trends repete. You can pick up suttle signals and be in the game early. I download the L2 data every night for my watch list and stuff it into a spread sheet that calculates the win/loss record on a buy low sell high, buy close previous sell high and buy previous close +1 and sell high for the last 100 trading days. Amazing what the results are. Most of the watch lists can be assembled from the ticker buzz cloud for starters and build from there.
How about I am glad I found this board. Everyday I get sharper on research because of your picks and figuring out how it was chose through my DD. Some day I may be able to spot the winners as well as you guys do. Where some peeps get confused is they think rewards are right now and get to ancy. Might take a day or two to get the results and news can mess that plan up so there is a time to cut and run.
WayCoolJr: Like I have said before, been following this board for a few. Looks like solid advice but you still have to do DD. News strikes in strange ways and the GMND news was not well placed. Then again it takes a few days for it to filter around. EEDG is moving on its own. Strange how this market works. I would like to make 100% gains daily as would all here but lets be realistic and take the gains in stride. The waves might strike today or next week. Just watching the picks and doing some DD I can tell there are well thought out plays here. Look at GWBU. Looked like the pump was done, shorters were in position to rule and one peice of news changed the game yesterday. Just watch the picks, research all and play when you feel right. I am learning a lot from this board and how they pick. My goal is to get to the same level of predicting the game. Only you can learn from your own research as to why and how this group digs these plays up. That is where the real fun is and the rewards will be yours. My hat is off to this group.
The poster sounded good but the SEC scraping shares caught my eye also. Makes you wonder.
Make sure you do DD. Massive amount of shares swaped hands in early May. Check the SEC filings.
Keep in mind I am loaded up anyway. Just adding to the stash.
Where are the nay sayers today? Lots of faith in this company. Thinking about backing the pickup up and loading on the next dip.
Just a little selling today. Better than gambling so load up for the next round. Today was big sis's day. It will alternate back and forth.
Don't think so. Hang in there and get the flippers out of there. This is a long term play. It will hold if we stick it out.
Buy and hold, what else do you think. Take control of this stock.
Have been following this board for a few weeks and like what I see in it. Looks like it hits more often than not. Today was a bumper crop for this board.
Some DD might be advisable. http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=8634713
I have never seen as many winers in one place as this one. This thing will run if you let it and get peeps to start bidding. You post on other sites like a mad man, make peeps aware, talk it up. This was a good run today. News didn't hit till late in the day. It will take off like a bandit on Monday. For the bashers and naysayers, they will always be trolling these sites to run the stock down so they can buy cheep. Don't get weak kneed from their babblings. Make them pay for this stock, don't give it away.
FRFS Set for a big bounce play. .0169 and moving.
FRFS Looking like a hard bounce play.
FRFS Catch the bouncce. Moving good today.
Good time to jump in. Looks like this is going to bounce hard.