Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
yes a PPM at horrendous terms for the company....AKA desperaton time
The Notes mature 90 days from the date of issuance. If the Company does not repay the Notes on maturity, then the maturity date shall be automatically extended for up to three further 30 day periods and an extension fee of 25% of the then outstanding principal, interest and other fees shall be added to the principal amount of the Notes at the end of each 30 day period that the Notes are still outstanding.
The Notes provide that if shares issuable upon conversion of the Notes are not timely delivered then the Company shall be subject to a penalty of $2,000 per day until share delivery is made. The Notes include customary default provisions related to payment of principal and interest and bankruptcy or creditor assignment. In addition, it shall constitute an event of default under the Notes if the Company shall not be DTC eligible or the Company shall be delinquent in its filings with the Securities and Exchange Commission. In the event of default under the Notes, the Company shall be required to repay an amount in cash equal to the greater of (i) the outstanding principal amount of the Note plus accrued and unpaid interest divided by the then conversion price of the Notes multiplied by the Company’s lowest trade price at the time of demand or payment, or (ii) 150% of the outstanding principal amount of the Notes plus accrued and unpaid interest and other fees due thereon.
The Company also granted to the purchasers of the Notes piggyback registration rights, under which the Company is required to include all shares issuable upon conversion of the Note in any future registration statement filed by the Company subject to customary exceptions.
if this company had a 10% chance of success would they really have to resort to these type loan shark loans?? think about it...
there is ZERO chance of success for this company...thus they resort to loan shark loans
AKA- a loan shark loan
http://ih.advfn.com/p.php?pid=nmona&article=55692780
real update from RIGGS
thanks for the $500K....bought my self a new boat!!
in 2013....look for more dilution!!!
My best wishes to you for a fantastic 2013, and as always, thank you for your tremendous support (and money you suckers)!
well if he did tell them he IS GOING to jail
what i am dying to know is how and when did dean tell his friends and family it was all a scam and to sell sell sell!!! I know he had all kinds of friends and family invested in this thing and i wonder how many went down with the ship...
I also wonder what they felt like when they discovered DEANO sold 30 million shares without telling anyone
i dont know BA chews am out and spits em out
he might be through with deano
BA stole everyones money on that venture also..LOL
here is new website (facade)
http://www.studiowdigital.com/
stock man...have you ever seen any of these guys whom obviously are perpetuating a fraud get investigated and charged by the feds??
this is not an isolated situation here if you include all of BA's other companies that also imploded (100% of them)
SERIOUSLY....LOL....mine as well blamed the boogeyman
has DEANO taken responsibility for any of this?? or is he still blaming the FDA for everything??
(i personally think the whole this is a scam and has been a scam since day one....but that is another matter)
PDOS sold everything to SCOTTY's shell companies RIP MEDIA and some other one called ACH or soemthing....PDOS owns NOTHING!!!
they are $20+ MILLION in the red....
what chance?? PDOS DOESNT OWN ANYTHING!!!!!! DONT U GET IT!!!!
they are already freaked out about whether or not they broke the law last year with all the deception....i doubt you will see
anything from them EVER again
remember...
DARPA money
Dean has been to Korea to inspect a potential production line...so we can hit the floor running
Remember Burbank being able to produce 10+ units a month,
Remember DEANO firing up the radiation emmitting machine in front at demo with no radiation protection or waivers being signed
remember "i have my beeper right here"
remember "just a labeling issue"
BIG BOYS have been here meeting with us...could be a bidding war!!
really pathetic....
for a $600K loss...nice :)
this is what your IMMG money bought
http://losangeles.blockshopper.com/news/story/2400148869-Investment_CEO_asking_3_3M_for_Cheviot_Hills_6BD
PDOS sold all right to C&A...there was NO money to be made anyway!!!
dont you guys get it!!!!!! PDOS MADE NO MONEY FROM C&A AND WILL NEVER MAKE ANY MONEY FROM C&A
i think alliance aquisitions has been vaporized...LOL
BA has a new entitiy...SHOCKING i know
http://www.studiowdigital.com/team/brian-altounian/
no sign of BFF DEANO
PDOS DOES NOT OWN THE RIGHTS TO THE LIBRARY!!! they sold it to RIP MEDIA!!
and guess who owns RIP!!! you guessed it SCOTTY BOY!!!!!!!!!!!
dont forget ROSENBERG stealing all the cash through shell companies like RIP MEDIA and ACH
LOL.....NO WAY NO HOW!!! Rosenberg stole all the money already...every cent that was made from cowboys and alians was diverted to shell compnaies he owned...
the company is a joke
Rosenberg is a joke
Altounian is a joke
ROSENBERG AND ALTOUNIAN WILL STEAL YOUR MONEY!!!
do not invest in this company!!!
just stop you are being foolish... Scotty is buried in his apt/office playing XBOX while his mentor Altunian is MIA
yes the whole things was BS.... BA and DEANO cooked up the whole thing. they have been very good at dodging bullets with vague answers and misleading statements. But the BK might have been a FATAL move
i wish they could get soembaody else from the company....NESSEN, XAVIER or SOHN under oath with the promise of immunity...
this way if he ever is forced to produce (reveal) the machine, he can show up with a box of parts
I think you mean with a receipt from TARGET showing he returned the erector set
also dont forget a PATENT does not mean it works....you can
patent a bunch of madness if you want...
if the patent was worth anything then a large imging company would have written a big check to Deano years ago and he would just be sitting back as high paid consultant
the only people who sees to care about the patent are people with whome DEano owes money to
Nobody in the imaging world cares about deano and his patent
yes i agree....there is something...but it is a glorified
C-Arm
what i am saying is during the BK proceedings Dean will be under oath.....so he might end up admitting to things that that he had previously stated otherwise
or even more incriminating would be taking the 5th....not sure if that is allowed in BK proceedings
i sense that is what this lawsuit is all about....getting to the bottom of what is real and not real....not really taking over the board of directors to right the ship...it would be to take of the board to find out what has really transpired
SMF or anyone what happens if during these proceedings it comes to light that there never was a fully working device....and that this whole thing was on paper and essentially a fraud
is Dean in a legal jeopardy if that happens??
MR VUKISCH what happens if it is discovered
the whole thing was a scam
the entire project was on paper
there never was a fully working device anyplace
what kind of penalties and jail time would deano be looking at?
has he committed illegal acts? or just unethical ones?
nope...broke even....lol...it was a good gamble and walked away unharmed
oh well
the only thing this company shared with shareholders is EXPENSES...
they diverted all revenues into shell companies
thanks and yes what these guys do IS criminal...I just hope that one day they get what they deserve (jail)
it is SO easy to prove intent....just look at EVERY company BA has been involved in...100% are EPIC failures
CEO and insiders make tons of cash
shareholders left in ruins
100% Failures
yes i hope Pdos4life is ok...losing money is one thing...having it stolen due to deception and fraud is something else
I honestly dont think there is anything to recover....shareholders need to come to grips with the whole thing was a scam
the only hope is DEANO and BA will be held accountable for the charade
if there was any chance of an approval would Deano really sold 30 million of his shares in the last couple years.....
if there was any chance of being legit wouldnt deano hired a radiologist or even just a plain old MD to be on his staff as a spokesman
if there was any chance of this being legit wouldnt some other imaging company make an offer to buy the company or at least partner up
not true....Nessen told me Polk and Deano had an adversarial relationship once Polk got invested deep and started asking questions and demanding answers
YES in the beginning Polk bought in hook line and sinker (so did I) but i ran for door after RSNA....
I think Polk has determined he has been bamboozled...he is a very smart man....he used the "we will pay the consultants line" to prove his case of fraud
basically he called out Deano and deano folded like a house of cards....then he sued deano and MENSA man vaporized Polks shares
Polk will end up being the shareholders knight in shining armor...
shareholders might NOT get their money back but i dont think deano and BA will walk aaway scott free
i think we should head over to IMAGING3 land with a video camera and a bunch of balloons....kinda like the publishers clearinghouse people
have a big check in our hands from DR POLK to CONSULTANTS....
throw confetti in the air blow horns
the booth thing was not a criminal case....it was a breach of contract.....violation of non disclosure type thing
basically he hired then to design a booth then took the idea and had it done cheaper someplace else
it was a civil case he was not going to jail for it....the booth company sued him for damages/breach of contract something like that
he agreed that he was wrong and agreed to pay them something and then went BK and gave them the finger just like everyone else
the agreed to settle the case without going to trial...
i assume DEANO agreed to pay some penalty....
and then he went BK and stiffed them
there is no product....there never was.....it was all on paper
just like the time machine
the only things to be determined here is
1) Do Dean and BA get away with the scam
2) or are they charged and arrested
that is it....
lol...that is funny
ok i will make you a deal...I wont post on here for six mths...
No altounian talk nothing...i will just watch
my predicion is 50 cents...
good luck guys..i hope it works out for you...I really do im just trying to point out what is going on behind the curtians