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I predict 50 or more posts amongst several different boards promoting IMDS as breaking out, yet all that will transpire will be more shares owned by insiders and toxic lenders sold to rubes.
MMJ. That is the funniest fairy tale in a long time.
The spreading of FALSE and MISLEADING information on message boards is ILLEGAL. There is NO
Current news on IMDS concerning MMJ
NO NEWS or publicly available information IMDS is doing ANYTHING
The ONLY CUURENT NEWS ON IMDS ARE
OTC Markets placed a CAVEAT EMPTOR BUYER BEWARE SKULL AND CROSSBRONES WARNING on the stock last week
THE SEC fined both the CEO AND CFO $150000 for a number of false and misleading statements in SEC filings. They BOTH resigned from the company and are barred from holding any officer position with any publicly traded company. The ousted CEO appointed her SON as the new President- a man who has ZERO prior medical device employment or medical education.
Anyone claiming otherwise is providing FALSE AND MISLEADING information.
PERIOD
TOO FUNNY. The BIG NEWS was supposed to happen every Monday since 1994.
What a JOKE
yeah like bankruptcy, IRS liens, SEC investigations. OTC delisting
Looks like ONE TICK AWAY FROM ZERO to me.
ONE TICK AWAY FROM ZERO BID AGAIN
What does this company do again as a business? Besides employing the Grable family, paying out millions in salaries, stock, benefits to the executives, printing shares and paying promoters to pump the stock.
IMDS: OTC MARKETS SKULL AND CROSSBONE CAVEAT EMPTOR ALERT
http://www.otcmarkets.com/stock/IMDS/quote
OTC Markets Group Inc. (“OTC Markets”) has discontinued the display of quotes on www.otcmarkets.com for this security because it has been labeled Caveat Emptor (Buyer Beware) for one of the following reasons:
Promotion/Spam without Adequate Current Information — The security is being promoted to the public, but adequate current information about the issuer has not been made available to the public. OTC Markets believes adequate current information must be publicly available during any period when a security is the subject of ongoing promotional activities having the effect of encouraging trading of the issuer's securities. At such instances, as a matter of policy, when adequate current information is not made available, OTC Markets will label the security as "Caveat Emptor." Promotional activities may include spam email, unsolicited faxes or news releases, whether they are published by the issuer or a third party.
Investigation of Fraud or Other Criminal Activities — There is an investigation of fraudulent or other criminal activity involving the company, its securities or insiders. When OTC Markets becomes aware of such investigation, the companies’ securities may be subject to Caveat Emptor.
Suspension/Halt — A regulatory authority or an exchange has halted or suspended trading for public interest concerns (i.e. not a news or earnings halt).
Undisclosed Corporate Actions — The security or issuer is the subject of a corporate action, such as a reverse merger, stock split, or name change, without adequate current information being publicly available.
Unsolicited Quotes — The security has only been quoted on an unsolicited basis since it entered the public markets and the issuer has not made adequate current information available to the public.
Other Public Interest Concern — OTC Markets has determined that there is a public interest concern regarding the security. Such concerns may include but are not limited to promotion, spam or disruptive corporate actions even when adequate current information is available.
OTC Markets will resume the display of this security’s quotes once adequate current information is made available by the issuer pursuant to the Alternative Reporting Standard or by the SEC Reporting Standard, and until OTC Markets believes there is no longer a public interest concern. Investors are encouraged to use caution and due diligence in their investment decisions. Please read our Investor Protection page and OTC Markets Policy Regarding Caveat Emptor for more information.
Don't hold your breath waiting for a response. Paid awareness ya know.
The only SHORTS in this stock are IMDS own toxic lenders. They have made millions over the last two decades shorting the stock, and then converting their floorless, convertible loans into stock at below market prices. It is all disclosed in the SEC filings. At last countm there were over a dozen toxic lenders.
You know that.
Waterchaser, IMDS has a new paid awareness program going on.
WRONG for the hundreth time. ZERO shorts.
However, there are BILLIONS of shares the toxic lenders are dumping on the market. Shares they bought at below market levels.
Do you really think you are smarter than the MM and Grable? They have been playing this game for decades. Think they know people fall for this "the ask is thinning" nonsense? That is only to suck in more rubes.
Isn't it amazing how suddenly millions of shares show up on the ask? There is a never ending supply of stock. Talk to Devcool, Squeak, and the others who lost thousands on this scam over the last two years.
The toxic lenders and Grable thank you for your "pay my SEC fine" contribution.
Wait... DUSS is now a MINING company? TOO FUNNY!!! What's next Medical Marijuana?
Maybe they can merge with SRGE? I hear they are looking for a new CEO.
It is amazing how these scams keep going on and on.
liable or War machine, what's the latest on this scam? I see it's still trading?
I cannot believe the SEC has not gone after these scammers. Even worse is there are still people trying to promote this scam. What's it been, a year and a half now since they fled the country after that phony killing off the CEO story?
How do you have a short squeeze when the reported short interest is ZERO?
http://www.otcmarkets.com/stock/IMDS/short-sales
Date Short Interest % Change Avg. Daily Share Volume Days to Cover Split New Issue
Mar 14, 2014 0 -100.00 180,888,670 0.00 No No
I cannot comprehend how anyone can post lie after lie everyday in order to make a living, promoting a scam that even the OTC markets has labeled a SKULL AND CROSSBONE stock
BINGO!!
The only people making money on this scam are the toxic lenders, IMDS, and corporate insiders.
Talk about minor league, bottom of the barrel paid awareness. How many weeks can you post
ASK THINNING
BOOM
NEWS ANY DAY NOW
HERE COMES 3'S
Pure nonsense and only a fool would waste money on a stock labeled SKULL AND CROSSBONES
Wondering why all of this fairy tale short squeeze is never confirmed by any SEC reporting. The latest NASD shor report shows 0 short interest.
Additionally Grable has an approximate one million dollar IRS tax lien judgment assessed to her personally and mutually with IMDS, for redirecting employee federal payroll with holding taxes over a period of years. No dount IMO part of this promotion is to pay off that lien as well.
Will anyone be surprised when you see news those are both paid off, coinciding with the promotion ending.
Seems very clear to me what is transpiring.
IMDS, Grable and Schwartz settle with the SEC for $300,000.
Grable and Schwartz need to raise money to pay off the SEC.
IMDS sprinkles around some shares to start a new paid awareness program.
Old familiar promoters reemerge to promote the stock.
Volume increases yet the stock stays pegged. Huge distribution of shares.
Grable and Schwartz obtain the money to pay off the SEC.
Rubes left holding the IMDS bacg for the 100th or so time.
Paid promoters dissapear until the next paid awareness program
Wash
Rinse
Repeat
If you have an hour of your life to waste, read their last 10K and you will see see I believe 15-20 different toxic lenders who IMDS currently owes money to.
These toxic lenders are all able to convert their floorless loans into stock at discounts inthe 50-70% of market value range.
The amount of stock needed to pay these loans if I recall correctly is in the billions of shares.
That some funny stuff right there. 20 billion A/S, no product, no sales, and 20 billion x .01 is ????? market value on a worthless machine?
Very Funny
Let me educate you a little. Notice the short sale volume when the reporting dates come is zero? The only shorts are the toxic lenders who first short the stock, then convert their toxic loans into stock at below market rates, and then sell their stock into the rubes. There are billions of shares they need to dump. Which leads me to..............
You see all these fairy tale posts made by paid awareness people, who get some shares sprinkled their way to try and create MOMO.
IMDS has been doing this for 20 years. They went from 0 to 10 billion shares, then did a 1:500 reverse split and are back over 5 billion o/s again. The stock went from $6 in 1999 to zero then back to .15 after the R/S and back to zero again. 99.999% of all investors have been wiped out.
Go back through the post history to around may to july 2012 and read about the self proclaimed genius who bragged about getting all his family and friends involved and dreamed about becoming an integral part of IMDS. That was I believe around 3 cents pre 1:500 reverse split.
Google PIPE financing and you will learn what is going on.
This is past the point of ridiculousness with the fairy tale short squeeze. 20 billion a/s of which you have billions of shares toxic lenders convert below the market prices that need to sell.
All that we are seeing is a paid awareness campaign.
You do realize there are no devices to sell, no money to produce them, a 1 million dollar lien on the company and the former CEO, 5 million in liabilities, 20 billion A/S, and the patent for the CTLM which expires next year is owned by the now former CEO Linda Grable.
No one wanted the machines before. What has changed.
The company made three FDA submissions in twenty years- all three were rejected by the FDA. What has changed.
The company has no one with any succesful FDA medical device onboarding or experience. What has changed.
The company still promotes nepotism and now has two Grable kids running the company. What has changed
The former CEO Linda Grable still maintains 51% super majority voting stock, and can control everything with the company without any s/h say. What has changed.
Get the picture?
SEC FINAL JUDGMENT VS. GRABLE AND SCHWARTZ MARCH 17 2014
http://www.sec.gov/litigation/litreleases/2014/lr22950.htm
Didn't you see the 8k? Grable and Al resigned their positions and fined each $150000. A slap on the wrist.
Hysterical that the best IMDS can do is promote Grable's son to the new President- a man with zero prior experience running a company or any prior medical device background.
But hey, that is how the Grables operate for the last 20 years. IMDS has always been IMO about making the Grable family wealthy by selling stock.
Isn't it counterintuitve that if you wanted to buy a stock as cheap as possible because you knew it was going higher, that you would not be telling peope to buy it? Wouldn't that normally result in pushing a stock higher causing YOU to pay more for the stock?
On the other hand, if you had stock because you are paid to promote a company, and that stock was given to you below the market price, wouldn't it be in YOUR best interest then to tell others to buy buy buy? Of course so YOU could sell your stock into them.
Which is the more plausible scenario here.
Why don't you offer to sell them to Muga? I'm sure he'll buy them.
Can anyone answer these two questions? As Linda Grable is no longer employed by IMDS.
1)How can Linda Grable now that she resigned her position as CEO and Director of IMDS, still own and hold the key patent on the CTLM?
2) How can Linda Grable now that she resigned her position as CEO and Director of IMDS, still maintain 51% of super voting shares and thus control over all aspects of IMDS?
Also, Dickie Jr. is now President of IMDS. Another truly unqualified Grable family member sucking on the IMDS cash cow teet.
How coincidental a known promoter shows back up three days before the settlement is made with this post
21-Mar-2014
Change in Directors or Principal Officers, Other Events
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 17, 2014, our Board of Directors appointed Richard J. Grable II to serve as an Officer and Director. Immediately upon the appointment of Mr. Grable as an officer and director of the Company, our Chief Executive Officer and Chairman, Linda B. Grable, and our Executive Vice President and Chief Financial Officer and Director, Allan L. Schwartz, resigned from their positions as officers and directors of the Company. These resignations occurred as a result of the entry of agreed final judgments against Ms. Grable and Mr. Schwartz in the litigation brought by the Securities and Exchange Commission ("SEC") against them and the Company in September 2013. See Item 8.01 "Other Events."
Mr. Grable has more than 13 years marketing experience having served as Marketing Manager and Director of Marketing for public and private companies in the medical and other global industries. He began his career as a Marketing Manager in 2000 for one of the world's largest and oldest publishers in the maritime industry, The Maritime Group. From 2010 until 2013, Mr. Grable worked for IDSI as the Company's Director of Marketing. Grable earned a bachelor's degree in psychology from the Florida Atlantic University in 1998. Mr. Grable is the son of Ms. Grable, and her late husband, the Company's founder, Richard J. Grable. A compensation package for Mr. Grable will be determined by the Board at a later date.
Item 8.01. Other Events.
On September 19, 2013, IDSI was served with a Complaint filed by the U.S. Securities and Exchange Commission (the "SEC") in the U.S. District Court for the Southern District of Florida against IDSI, IDSI's chief executive officer Linda Grable and IDSI's chief financial officer Allan Schwartz. The Complaint alleged that the Company and the individual defendants made material misstatements and omissions in public filings in 2008 and 2009 regarding the timing of its application for FDA marketing approval and in 2010 regarding IDSI's failure to remit payroll taxes to the Internal Revenue Service. Finally, the SEC Complaint alleged that Mrs. Grable and Mr. Schwartz failed to timely file beneficial ownership reports in 2009, 2010 and 2011 regarding grants to them of restricted stock and stock options.
The Complaint charged IDSI, Ms. Grable and Mr. Schwartz with violating Section 17(a)2 of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5(b) under the Exchange Act. The Complaint also alleged violations of various other provisions of the Exchange Act and rules thereunder. The SEC sought permanent injunctions against securities law violations, as well as and penny stock bars and officer and director bars against Ms. Grable and Mr. Schwartz. The Complaint also sought unspecified civil financial penalties.
On March 17, 2014, agreed final judgments were entered pursuant to a settlement agreement between the parties. Under the settlement, neither Ms. Grable, Mr. Schwartz nor the Company admitted or denied the SEC's allegations. All of the injunctive relief sought by the SEC was granted, including prohibitions on service by Ms. Grable and Mr. Schwartz as officers or directors of public companies. In addition, each individual defendant agreed to a civil penalty judgment of $150,000. The judgment against the Company contains no financial relief and is limited to injunctive relief prohibiting future securities law violations.
The individual defendants and the Company entered into this settlement because they believed that it was in the best interests of the Company
What makes you think he's buying? I've yet to see any evidence of that. All I've seen are posts telling OTHER people to buy.
Whos trying to keep this scam down? There's about a billion shares for sale on the offer.
They said the same thing about SRGE,SPNG, and other scams even after it was known to be a scam. Bottom feeders looking for a quick flip is all this is.
Charting a stock that is .0001 and under investigation by the SEC? That's funny stuff
Appreciate posting the confirm, however that trade was from three weeks ago. $100 worth of stock as well, hardly a drop in the ocean of 20 billion a/s. Even if you bought at .0001 and flipped at .0002, after round trip broker fees you made about $30 before taxes. I'm having a hard time understanding a $50 trade, seems like a lot of wasted time and effort.