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stockmaster, found this jewel of a post while someone was in the "jail" board. English as a second language I suspect. If true which I highly doutb, a violation of NASD Rule FD.
Repentant CEO?
Seems as if you are alleging to have insider information? How do you know what the new CEO thinks or what his ideas are?
Point us to the link where any investor can get access to this information.
What past penalites of Richie Jr are you referring to? Does he have some undisclosed issues the public is not aware of?
Bankruptcy? IRS proceedings? More SEC charges? Is that the news you are smelling?
Good question. Stick it up on the ask and wait in line. Grundle's been waiting for months.
Wait.....you mean we all can't buy a bazillion shares at 1 and flip at 2? I thought it was easy as pie? Didn't the chimp say so?
I could show you posts where IMDS lied repeatedly in their PR and SEC filings saying just that. They used that as the carrot to dangle in front of all the rubes and the instrument with which they could sell billions of shares, knowing all the time they lied through their teeth.
They abandoned the FDA trials years ago, and internal emails alleged by the SEC say IMDS knew they were lying. All that happened was a slap on the wrist and a small fine, and it's business as usual for the Grable scam machine.
Does anyone have a doubt in their mind that Linda is at IMDS every day running the show behind the scenes?
Who is WE? Exactly what can the surfer boy do, who has zero medical industry experience do that three former CEO's over 20 years, three rejected FDA submissions and 150 million dollars couldn't?
Fairy tales abound to suck in more rubes.
IMO they will stretch this out until a long Holiday weekend then go Zero Bid. Memorial Day makes sense to me. If the toxic lenders keep seeing their is volume to keep the game going, this could last for a while. All they need to do is find a few more chimps to sprinkle around some free stock for a few more rounds of paid awareness.
stockpromoters dot com
look up IMDS
Did you find the site that shows there were multiple paid awareness programs in March for IMDS?
NO IT'S NOT. The difference between the BID and ASK is 100%. When you buy the stock at the ASK you are IMMEDIATELY DOWN 50%.
If you google search, you will find that there has been a few paid awareness campaigns in March for IMDS. Very easy to find the sites using a few key words.
The toxic lenders do it every day . Retail not so much.
Google PIPE financing.
Memorial Day weekend
Grunde, I do not have the ability to PM. Sorry. You can add/remove posts and stickies by using the Manage Board and Manage Sticky tab.
Your $50 check is in the mail. lol
IRS liens for PAYROLL TAXES are NOT discharged in a BK.
http://www.nolo.com/legal-encyclopedia/bankruptcy-tax-debts-eliminating-29550.html
Maybe, but an R/S requires filing with and receiving SEC approval. IMDS tried for over a year with multiple S1's for additional shares, and were rebuffed by the SEC, and then IMDS reverted to massive 144 sales and then the R/S. That was while they were a fully reporting company.
What reason would the SEC have for allowing a 2nd R/S other than to perpetuate a scam?
Most likely, they raised enough money to cover the SEC fines and the expenses for April to pay Richie Jr and daughter Deb's pay.
They'll be back next month when the money runs out IMO.
Beware paid promotion in play here.
On to the next PND. These paid awareness campaigns last only a week or two. IMDS will soon enough be back to Zero bid IMO.
What they claimed they sold them for and what they actually "sold" (wink wink) them for are two different figures. They said the "retail price" was around $300k but that amount never hit the books. The few that IMDS showed as "sold" often were around 1/2 to 1/3 of that.
More often than not, they gave away tester "demonstration" machines for a year or so, that were mostly returned after sitting dormant in some warehouse or some beauty salon in Indonesia. I mean, you still have some preacher working out of his house in Florida that according to his corporate filings is in the spice business listed as one of IMDS main distributors- Lebada?
What was that scam Canadian distributor they set up years ago that turned out to be a PO BOX with a shell website. Cycle of Life?
And don't forget the Mexican distributor who sold gum and grafitti removal chemicals, and the address was an abandoned warehouse. Kepter?
And of course Shimadsu? The distributor that wiped everthing IMDS related from their website after a few weeks. IMO they found out what the truth was and ran.
Finally the Italian distributor that sued IMDS and wanted their money back for all three machines, alleging fraud and misrepresentaion.
IMDS has more distributors over the years and more returned machines than they claimed to have sold.
Grundle, some of us have been predicting this correctly since the 1990's with IMDS. It is not hard to figure out once you do some DD.
It used to go
Fluffer PR
IRP pumps the stock on the boards
PND
Then after the SEC cracked down in IMDS for the fluffer PR's
IRP pumps the stock on the boards
PND
Then as the money started to dry up and the SEC again took notice
bottom feeder paid awareness campaigns
PND
You should read some of the old fluffer PR's IMDS put out. Only a Grable could make up phony fluffer PR's, that they were doing business with sanctioned countries like Libya and Iran. When the SEC and other agencies called them out on it, IMDS had to quickly put out a PR denying they ever did business with these terrorist countries.
IMDS must have put out a dozen or so fluffer PR's bragging about sales that never materialized with shell distributors.
Grable- the CEO of IMDS. I was under the impression you had communications with her at the same time Devcool did. Perhaps I am mistaken but I remember you posting something to that effect.
Seems like you are the last of that group of 2012 bagholders still around- the others all sold at substantial losses and left. Many lost well into five figures despite the warnings made to them.
Sorry for your loss.
How much are you down on your IMDS- 99%? Didn't you say Grable lied to you as well on the phone?
New Federal Tax Lien placed against IMDS 4/1/14 for more back taxes.
Document Type: (LIE) Lien
Record Date : 4/1/2014 12:01:30 PM
Lienor: UNITED STATES INTERNAL REVENUE SERVICE
Lienee: IMAGING DIAGNOSTIC SYSTEMS INC
Book Type: O
Book / Page: 50662 / 1357
# of Pages: 1
Glad to see Richie Jr. following right in the same footsteps where his Mommy the former CEO left. On the job a week and a new IRS lien slapped on IMDS.
stockmaster and longnshortofit, this will make your day
Got PACER?
http://dockets.justia.com/docket/new-york/nysdce/1:2012cv00753/391342
Which IMO you are seeing the paid awareness campaign- to pay off the SEC fines and IRS lien without anyone knowing- as IMDS no longer reports to the SEC.
That's my best guess as to what is going on. Sure isn't selling machines or FDA approval. Sprinkling around of some shares to some bottom feeder promoters to spam the boards and create some volume to unload shares.
When you have a paid awareness program on a SKULL AND CROSSBONE stinky pinky stock, when does the truth matter?
Wonder how many billions of shares are now O/S. Has to be over 10 billion up from 5 billion IMO. Now that IMDS is non reporting and OTC Markets has a SKULL AND CROSSBONE WARNING on the stock, who knows what scamming is going on.
How did this end up working out? Oh that's right- you said the former CEO Linda Grable lied to you over and over.
You work for Southridge? No retail investor can short a pink sheet .0001 stock. Glad to see you admit it.
I'm laughing because that t/a is good for toilet paper, and anyone that buys a scam .0001 penny stock having done no DD deserves to lose all their money.
let us know how that works out sparky. Why not donate the money to a charity instead of giving it to the Grable pay off the SEC fund?
That's some funny stuff. Double golden albatross? Go and buy as much stock as you can afford. Better yet, go and borrow all the money you can and buy more stock. In fact, go and sell your house, cash in all your 401k, and buy more shares.
I'll be here laughing.
Congratulations longnshortofit. You were 100% correct.
Smilin, happen to have that post from the resident genius who proclaimed he was going to become an integral part of IMDS, who was later banned from the IMDS website and subsequently admitted he was lied to by the CEO of IMDS?
That is worth reposting.
Right after the non existent FDA approval and non existent sales take place.
I hear the Easter Bunny will be right along to deliver the good news.
Just loan IMDS money and you can get all the shares you want BELOW .0001. Read their last public filing a year ago- about 15 or so different PIPE lenders.