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I like this statement from the CEO; "the true valuation of IMJX is yet to occur, and will be much higher than you can imagine"
Big things in the pipeline...always good to know that we have multiple events & announcements to look-forward to.
News soon imo, someone is loading .0004's
Man, somebody loves bid-whacking the .0004's -- probably our "resident bashers" happy to flip between .0003 & .0004
Might tap the .0006's today as we get closer to the Surg-I-Scan launch, .0010's will follow
Per my calculation FDA possible approval by June 30 i.e. 30-90 business days from Feb 17 as it's a 510-k device application.
Remember; Surg-I-Scan launch towards end of May + 2 Qtrs increasing profit + Golden-Cross + no dilution + significant business pipeline = $$$$ for patient longs!!
These are the reasons we're here and will see .0010++
Pity we didn't scratch .0006 today -- it could have been close. The float is moving into "stronger hands" and this will make the climb up stronger & bigger.
Not impossible either, 2p -- either way, I'll take my chances. Just got another 4M at .0005 in anticipation of a run
Well stated, WillieWonka -- looks like someone's viewing this the right way...
Might be the new VP of Sales & Marketing exercising options at .0004 -- who knows? I still think with FDA decision moving closer everyday now, this will run to .0020++
Looks like a conversion of some sort to i.e. noteholders to commons or some kind of share/financing arrangement. Retail bid/ask was not impacted. Might actually be a good sign that .0004 is truly the bottom and a run is about to start.
JMHS (Just my humble speculation)
Good question rfranke727,
It's not impossible that the 50SMA might only touch the 200SMA and not actaully cross if we stay in the .0006/7 range but will all the news forthcoming towards the end of May, we should slowly rise and cross...(remains to be seen)
LCRE is holding well today in spite of some dumping today in the .0006's
Keep the faith, Rustler -- Golden-Crosses have never failed me.
It's trying hard to rise upward. If sellers would be patient & sell at the ask, we'd be at .0010++ already. Bid-whackers keep knocking her back but they'll eventually run out of shares and longs will be in control at higher prices.
Anybody have a guess-timate date for the the "merger"?
Agreed ITGuy, NWTT will see .0010++ in the coming weeks...
.0010's next week with Golden-Cross + progress news and other developments
Good close all -- If it weren't for bid-whackers at .0007, we'd have closed at .0008 or .0009...it's coming, hold tight.
Great to have gotten rid of the big dumpers at .0006, this should allow us to hit .0010+ next week with the Golden-Cross taking effect.
Lol...someone (probably an MM) wants .0006's) -- they are trying hard to co-erce selling at .0006 & bid-whacking .0007's when they're there.
As a group of longs, we should build a "block" at .0007. If every long placed a bid @.0007 for 1M shares, we'd stop this and push buyers to hit .0008's, .0009's would follow quickly. HMIT is doing it well.
JMHO
Nice, someone cleared out the .0007 bid-whacker...could be see .0009's or .0010's today
Good extraction again today. Couple of impatient bid-whackers being removed. This will only make the rise bigger, longer & stronger. Golden-Cross looking good into next week.
I like this part, "For the remainder of 2010, the company's primary focus is to obtain a formal response to our pending 510(k) submission and complete the approval process," -- this is what the previous CEO was lacking.
I wouldn't be surprised to have a June approval.
JMHO
Another reason to buy -- loved your yahoo message board post, mdimport.
"GOIG was $0.0005/share in March 2010. A group of shareholders got together and bought out the free float. They made 10,000% return in one month.
IMJX today is a $0.0005 just like GOIG was before its run. Over 1.3 billion shares of the free float have already been bought by the GOIG investor group. Another 3.5 billion shares are held by insiders. More shares are being bought daily and the base for the next leg up is being built.
Buy-and-hold investors have an interest in seeing the share price rise. With an undervalued company like IMJX, investors can get in on the ground level. This protects their capial and maximizes their potential returns.
IMJX has announced two profitable quarters (4Q2009 and 1Q2010). The company has positive book value and has announced that the subsequent quarters for 2010 and 2011 are going to see higher revenue and profits than the prior quarters.
IMJX is potentially better positioned than GOIG in March. GOIG will be building revenues as of June 2010. IMJX has been profitable since September 2009."
Chart looking great (RSI crossing into power zone) + Golden-Cross.
Many "deep pockets" and eyes watching for a break above .0005 - I think tomorrow will be the day.
With the launch of Surg-I-Scan at the end of May, this could get really fun and faster moving.
Exactly up-down. Golden-Cross coming late next week and I'm sure we'll see .0010's ++
Good point, Ragi -- looks like they're getting closer & the Wall Street Conference (June1-3) might be a significant development
With only a small amount of strong volume; we'll blow through .0010's
Every week that goes by and we stabilize here at .0006/7/8 + all the forward-looking events draw closer...we could see .0010's next week imo (even on lowish volume)
Golden-Cross tomorrw pm or Monday. Looks like volume is increasing just-in-time -- we'll see .0006's easily tomorrow imo and once .0006 is broken, .0010's should come soon.
Patience, imo we'll touch .0020's tomorrow
We're doing a bit of gardening imo; slowly but surely extracting the weeds...patience!
Remember, we have a nice, fat, juicy launch ahead + a strong group of longs...this will slowly chug upwards.
Exactly Ms, always had my best gains by being patient...that's how you enjoy 10baggers ++
looking good here; only 1@.0007 & 1@.0008 -- could easily see .0009's with some decent size buys!
Very disappointing 10Q imo; very low cash reserves, decreased revenues, a large net loss and a potential $1.2M lawsuit...damn, I'm pissed.
What even annoyed me more, is that it seems that the 510k applications are still very far from approval -- please correct me if I am wrong.
Just venting, not bashing...I'm just so frustrated with all my "FDA decision pending" stocks; NEPH and BIEL have been dragging on for over a year now...ridiculous.
Also, Roger Williams sits on the BOD. He was a VP at Bob Evans and imagine the doors he can open following a successful launch!
So much to look forward to here -- not sure I know of another Pinksheet company sitting in .000's with this much potential.
Irrespective of 504 etc..etc...etc..., this is being allowed to move upwards (on low volume, I might add) and we all saw how quickly it rose to .0020 -- 100% in a day (with strong volume), the float is not that big!! Remember, we have so much to look forward to;
- Pilot launch results for FIRMS
- 30 Additional restaurants "worldwide" in the pipeline
- Website launch incorporating graphical user Interface for FIRMS
- Caveat Emptor removal
- Potential Apple agreements/contracts
2 left @.0016 -- could see .0017's ++ today
Lol...MM's signaling for shares, they are short! Good buying into the close and hitting .0009's could force a nice little "pinch"!
Looks like the Golden-Cross as early as Friday...this could be the "trigger" for the next leg up to .0005/6/7
.0004's looking like they're going to go soon...
Slowly, slowly -- the .0007 blocks are going to get impatient and dump at .0006 and then .0008's will be thin (they were originally sitting .0008)
Good extraction, which is needed to go up -- patience will be well rewarded here.
Good to have "weak hands" & bid-whackers extracted...longs are starting to squeeze them out with every uptick!
Looking good
Should see .0005's today -- 1 left @.0004