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Do we really care anymore, I think by now people can decide for themselves if the DVis is legit or not. There has been tons of great DD on this board, I know where I stand and what my thoughts are for this company. Lets just say if he was running for a janitor position he would NOT get my vote. Unfortunately I've already lost too much so no sense for me to sell now.
its not a matter of sharing info with the board, its covering your own butt especially with any info from lawyers.
I would not copy and paste any emails from a lawyer if I were you. Let everyone do their own DD
It would make an even better demo if Dean was the actual patient getting scanned. But what if there was no spine on the display? should we consider that something wrong with the DVis?
Well, I'm already down 90% so I could care less what the PPS is at right now. Actually, I hope it tanks to .01 so I can buy more. Then I can treat this company as a lotto play rather than a real investment. Got PUNKED!!
Mine, as much as I want to believe in this company there has been too many suprises and false statements. Unfortunatley I can't sell because it makes no sense when I'm down 80%. But I wont be suggesting anyone to invest in this company either. GLTA, I feel like I'm waiting for a tsunami after an earthquake just hit.
Whoa.. I think Deano better pull through in the next two months or he's definately going to lose the battle in court. If this company folds please post where I can sign up for class action. I was invested in this company from listening on a CC and hearing Dean state to one of the callers that he has a working device that could produce 3D HD images.
Hi Phil,
I have emailed back and forth with Mike Nissen asking if MWE was in fact helping them with the submission and he stated yes. But I dont know how credible that is to you since Mike is part of the Imaging 3 company.
Well I hope Dean has a real product as I am still invested but I hope he goes to jail if he doesnt. Plain and simple..
A pack of bubble gum cost more than a lot of penny stocks.
Agreed, MWE must have seen the NSE letter and determine if there was any chance of resubmission.
Does anyone have a thought on what is going on because it does not seem like normal trading to me.
Then I must say that Dean has a lot of guts telling an investor on the CC that he has a working DVIS machine that does HD and 3D images.
Agreed, with all the time they spend posting the same old things about a company that they dont even trust they could of used the time to DD on other investments. I just don't get it. And does anyone think that Bust would risk his license to practice law so he can purposely get IMGG in as a client to get insider info.
Whats wrong with that, as long as the pps goes back up who cares.
BURBANK, CA, Nov 08, 2010 (MARKETWIRE via COMTEX) -- Imaging3(TM), Inc. (OTCBB:
IMGG), developer of a breakthrough medical imaging device that produces 3D
medical diagnostic images of virtually any part of the human body in real-time,
today announced the hiring of the law firm McDermott Will & Emery as an FDA
consultant.
Dean Janes, Chairman and CEO of Imaging3, commented, "We are pleased to announce
the hiring of McDermott Will & Emery as an FDA consultant and legal counsel;
management is looking forward to working with this prestigious firm to develop
our FDA filing strategy for our DViS product." "McDermott Will & Emery have the
legal, medical and scientific background along with the experience of former FDA
personnel to assist Imaging3 in building a solid strategy for a successful FDA
application," further stated Mr. Janes.
I agree, the lower it goes the more I buy. But one question is where did your friend witness the machine in action?
I dont think he will need the extra 250 million shares now. Dont think anyone will be doing a hostile take over soon.
I say let the resubmission hype take place so I can get some of my investment back :)
Is it possible to see the FDA decision and find out what were the reasons for NSE. Dean said it was mainly because of administration but I'm pretty sure I'm not the only one who wants to see it in writing.
This thing will be back up to .26 by days end now that BMAS is not driving the PPS down.
Actually two 200k shares went to the bid. Whats up with that.
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News for 'IMGG' - (Imaging3 Executes Securities Purchase Agreement for Sale of Common Stock and Warrants for $1 Million)
BURBANK, CA, Oct 05, 2010 (MARKETWIRE via COMTEX) -- Imaging3(TM), Inc. (OTCBB:
IMGG), developer of a breakthrough medical imaging device that produces 3D
medical diagnostic images of virtually any part of the human body in real-time,
announced today that the company entered into a Securities Purchase Agreement
with two institutional investors for the sale of common stock and warrants for
$1 million.
The terms of the securities purchase agreement include the sale of 4,587,157
shares of common stock at 20% discount to Friday's closing price ($0.218). The
warrants include: (i) Series A Warrants, which are immediately exercisable for a
period of 5 years into 4,587,157 shares at $0.2725 per share; (ii) Series B
Warrants, which are immediately exercisable for a period of up to 18 months into
4,587,157 shares at $0.218 per share and (iii) Series C Warrants, which are
immediately exercisable for a period of 5 years into 4,587,157 shares at $0.2725
per share but only to the extent that the Series B Warrants are exercised and
only in the same percentage that the Series B Warrants are exercised. All of
such warrants contain customary adjustments for corporate events such as
reorganizations, splits, dividends, and the exercise prices of all such warrants
are subject to full-ratchet anti-dilution adjustments in the event of additional
issuances of common stock below the exercise price then in effect.
"This transaction will provide Imaging3 with sufficient working capital for the
next year," stated the company's Chairman/CEO Dean Janes.
The completion of the offering is subject to the satisfaction of customary
closing conditions and is expected to close on or before October 14, 2010. The
net proceeds from this offering will be used solely for working capital
purposes. In the securities purchase agreement, the company agreed not to use
the proceeds to satisfy any debt, to redeem any of the company's outstanding
securities or with respect to any litigation involving the company.
The company will also provide customary resale registration rights in connection
with the offering.
Wharton Capital Partners, Ltd., a New York based investment banking firm, acted
as the placement agent for the company in this offering.
The shares of common stock and warrants being sold in the placement have not
been registered under the Securities Act and may not be offered or sold without
registration with the Securities and Exchange Commission, or under an applicable
exemption.
About Imaging3
Imaging3, Inc., founded in 1993, is a leading provider of advanced technology
medical imaging devices. The Company has developed a breakthrough medical
imaging device that produces 3D medical diagnostic images of virtually any part
of the human body in real-time. Because these 3D images are instantly
constructed in real-time, they can be used for any current or new medical
procedures in which multiple frames of reference are required to perform medical
procedures on or in the human body. Visit the company's website at
http://www.imaging3.com for more information.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995. When
used in this press release, the words "anticipate," "believe," "estimate,"
"may," "intend," "expect" and similar expressions identify such forward-looking
statements. Actual results, performance or achievements could differ materially
from those contemplated, expressed or implied by the forward-looking statements
contained herein. These forward-looking statements are based largely on the
expectations of the Company and are subject to a number of risks and
uncertainties. These include, but are not limited to, risks and uncertainties
associated with: the impact of economic, competitive and other factors affecting
the Company and its operations, markets, product, and distributor performance,
technological obsolescence, competition from other medical instrument(s) and
imaging companies, lack of capital, unexpected costs, failure or delay of FDA
approval, absence of revenue, the impact on the national and local economies
resulting from an economic recession or terrorist actions, and U.S. actions
subsequently; unavailability of financing for the Company or its customers,
product malfunction and potential product liability claims, and other factors
detailed in reports filed by the Company.
Contact:
Imaging3, Inc.
Investor Relations
800-900-9729
SOURCE: Imaging3, Inc.
Copyright 2010 Marketwire, Inc., All rights reserved.
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SUBJECT CODE: Financial Services:Investment Services and Trading
Medical and Healthcare:Facilities and Providers
Pharmaceuticals and Biotech:Equipment and Supplies
Medical and Healthcare:Medical Devices
Medical and Healthcare:Healthcare
Forget the mortgage payment, you might be able to pay off the loan.
MT- appreciate all the charting. But too bad I dont understand what you're saying. Can you just give us a heads up when you are buying and selling.
Thanks
Less than $1500 traded today woohoo.. My 9 month old son has more than that in his bank account.
Idi-yate
At this stage, this POS is a write off for me.
atleast if they dilute the bottom will stay the same. Because they did a RS the original bottom level just went to hell. These fucking guys are trying to squeeze every single drop left from the company.
Agreed and dont bother to hold any shares either.
what happened to the HUGE support at .34
We need it to be around .05 in order for it to be worth .0001 before the RS. I hope those mofos aren't playing some stupid game so they can sell what ever shares they still had on hand.
I asked Mike last week if FDA requested any AI and he said they did not.
If the FDA did indeed visit IMGG and an audit was also done, what will most of you do? buy more shares? start buying?
Talked to Mike yesterday and he said no AI requests from FDA. As it stands we are still waiting to hear from FDA.
KS - What is this audit you are referring too? TIA
Think we got approved and Dean is talking to the lawyers. But again, I am just ASS-U-MEing.
Do you guys think that today's volume is due to MM or new investors?
Regardless, it was a nice HOD close
TJ,
Thats what I've been trying to say all day long...
THANKS!!