Guys really????? Quit the pissing contest, stay on topic and use another forum to argue the valididty of being able to argue. You are all entitled to your opinion. Nobody likes bashers and nobody likes pumpers. The stock will do what the stock will do. If anything had happened in the last 5 months nobody would be arguing right now, we would likely be counting our money. Unfortunately the organization has not lived up to their PR's. Not that I am writing them off, I still own over 20M shares and I am trying to stay patient and positive, but you have to give some of these guys credit for telling the truth.
Maybe they are not patient enough, maybe they are smart to have gotten out. I don't know and really don't care because ultimately we have to live with our own decisions.
Since our moderators seem to be silent and not monitoring or voicing that we must stay on topic there seems to be a problem.
I also have to agree that leaving such blatently negative statements while deleting "supposed" (I did not read them) positive statements seems to be very suspicious and problematic.
I have to say the board slants seriously to the negative currently.

Taco,
I have to agree with everyone else on this one. You say you have proof, let's see it. We are all anxiously awaiting this organizations next move and if you have knowledge of that move please give it up.

Average is about .000125, over all the purhases I have made. The original purchase was made when the stock was going up on a run over a year ago. All others were at .0001. Unfortunately I missed a couple runs due to my job, so I am awaiting this next one patiently. Would love to make a good ROI and then reinvest if it drops again. Which I think it may based upon mass sell off that I can see may happen.

Taco,
Have no fear. I have been in this stock over a year. I don't plan on jumping ship now. I think there is great potential here for this stock grow quickly much like spongetech and others. We simply need this audit to be complete, pr'ed, and released prior to the R/S. In any case the R/S will kill most of the investors. Yes, I understand the R/S and pps ratios, but after the R/S the profits we all have longed to see will be in the wind. Even if the stock stabilizes at .05, shareholders are in no way making money.
Let's hope that the audit is released well prior to the R/S, that is really the only way I can see shareholders getting a good return on the investments they have currently made.

Taco,
Have you confirmed that with the auditor, or is that speculation?
I would really like to have this audit prior to R/S, release post R/S is still a losing situation for shareholders.

Thank you for your graciousness, and your research, although I feel it is flawed.

Ummm, so we should just take your word for it? Especially when you have a ridiculous issue over the phone numbers.... Many numbers don't show up on that look-up. I typed in numbers to businesses and the local college and got no directory results.

Besides taking the word of substantiated posters on this board, due some more research into this company. You will find a real business working to create a solid organization.

First thing first. If you bother to click the get results link in the intelius box below you will find the number has results. Obviously others have found it.
As well we have had individuals on this board go to these businesses and see their operations and verify their history. Do your research.

I understand some of the issues you have brought up, but find me a modern corporation the has no debt to pay....
We are dealing with a company that has been in business 12 years, not a fly by night upstart.

Finally, quit the out and out bashing. Your opinion is fine but if your going to say negative things back them up with fact. Your phone number attack is assinine. I can type in many numbers that I know are valid and get no directory hits.

If you don't like the stock leave the board we have little use for negativity on this board. Substantiated questions, or proof of wrong doing is one thing, but speculation and rumors that reflect negatively on a company which we all own part of is not needed.

Simply my opinion.

Stryker

You can substantiate this how??? If you can please let me know.

Drus,
I sure hope your right. Has anyone talked to Paul to see if his message to Treo from yesterday is still true today? (Re: dilution/conversion)

Gail,
Thanks for that info. I didn't realize that.

Gotcha thanks.

How could they be diluting when they have not made any notice of additional public offerings?

If the trades are between .0001 and .0002 why does it state .0001, shouldn't it state correct price?

Am I missing something?

Somebody help me here, please. What are the ??? trades. 74mil plus of these transactions all at .0001 what the heck are they????

Lotto
Thanks for the confirmation regarding suspension of trading. I didn't think that trading had been suspended but was not going to confirm without actual knowledge one way or another.

I have no idea why anyone would buy shares at this point unless they are speculating or are in the know.
I certainly am not buying anymore. I am in deep enough at this point.

I have not seen any official postings regarding the suspension of trading. On the other hand I have not seen any trades either.

doncuppe and Leonidas0
Guys really, this isn't the forum to air your personal differences. Agree to disagree and move on. We all have already established that the audit is later than expected by a month and a half currently. Guys this kind of stuff happens.

We also all know that many of us question some of Mr. Sorkin's actions. Regardless, it is what it is, all we can do is make our personal decisions regarding our own investments/gambles. Really, gentlemen a more constructive conversation about the organization would be appropriate, instead of the senseless bickering about who can sue who. Unless your a lawyer or expert in civil and corporate law, leave the legal interpretations to the professionals.

Not trying to be rude here, but this is simply not the forum for that discussion. We are all in the same boat. Lets move on shall we.

Well done TREO, again you came through for us. I know that we all really appreciate it.

As well Ultimateman it is great to have you working this also.

I kind of thought we were all on the same sheet of music as far as how we thought the R/S should play out. Audit PR, small run, Audit release,bigger run, R/S. Treo's post made me wonder, so I wanted to know what the post about the R/S first and then the audit release was based upon....

Anyone have any ideas how that scenario could possibly work in the shareholders favor?????

Treo, first off thanks for all you have been doing on this board and for IMGW investors.

Second, why would the wunderkins in charge of all this choose to perform the R/S then release the audit. Seems to me if they PR the audit release for a specific date, and actually release the audit they will likely create a substantial run. This would have the effect of creating a higher post R/S PPS, thus getting them to their target market, and potentially setting them up for board transition.

Doesn't seem to make sense to R/S at .0001 to get a PPS of .05, when you could potentially create a run with the audit. Even if the run only hits .0005 (which we have seen before), would yield a .25 PPS post R/S.

Thoughts?????

ok, most of you already have all this information I would assume. If you do please ignore this post. For those of you who do not have this information please pay attention. Image Worldwide is a Colorado Company and has been since the the original incorporation as FOUNTAIN COLONY VENTURES INC. in 1999. (Ref; 1 Articles of Incorporation 02/16/1999 12:00 AM Document #19991029450)
You can find the entire history of filings at the following website. If you are in the right place you should find 39 filings since 1999.

http://www.sos.state.co.us/biz/BusinessEntityHistory.do;jsessionid=0000ZIQAiIbRUGP9g2kfNy9iFL2:11nm16sja?&cmd=passgo&pi1=1

There are two pages of filings which include the history of name changes, share structure changes, etc... .

Of particular interest to me was the following document which came in January '09.

IMAGE WORLDWIDE, INC.

ACTION OF THE BOARD OF DIRECTORS WITHOUT A MEETING

BY UNANIMOUS WRITTEN CONSENT

JANUARY 19, 2009

Paul Sorkin, being the sole director of IMAGE WORLDWIDE, INC. a Colorado corporation, hereby takes the following actions pursuant to Colorado Corporations Code effective this 19th day of January 2009:

Approval of Increasing the authorized shares of Image Worldwide, Inc. from 1,000,000,000 shares to 5,000,000,000.


WHEREAS: This Board of Directors has reviewed a request to increase the authorized shares of Image Worldwide, Inc.

RESOLVED: This Board of Directors hereby approves this increase in authorized shares of Image Worldwide, Inc. from 1,000,000,000 shares to 5,000,000,000.

The above resolutions was duly adopted this 19th day of January 2009 by unanimous written consent.

Dated: January 19, 2009

Paul Sorkin________
Paul Sorkin
This is document #20091051172


Take a look at all the filings and see what you all think...

I would love to stay optimistic as well Gail.

Treo,
I agree that the R/S with audit news could get us somewhere, but I also think that even with the O/S the audit news would make a huge difference in the PPS.

Wow Gail that is truly optimistic. I know that most of us would love to see the R/S get canceled. I would be happy with doubling up right now. Just move to .0002.
This is shaping up to be a very undesirable situation.

Understand your point, but operations, incoporations, and filing addresses being in different places is nothing new in the corporate world. Look at hundreds of other organizations and you will find the same thing. Many file for incorporation in other states to take advantage of laws, benefits or lower cost of incorporation. As far as the R/S I understand that generally they are never good, I agree that reducing the O/S could have been done in a better manner. Remember that much of what happens in pinkland doesn't make much sense. Question is what is the cash needed for and what will the outcome of the R/S vs. audit be....

So if this was filed on the 1st of April and nothing has been listed on OTCBB, what is going on?

Orders are still being accepted by brokers as of 45 minutes ago.

I agree. Most R/S are bad for investors, but this one has potential to be different. The A/S is being reduced from 5 bil to 500 mil and the promise of the audit.
Do you think it is possible that the audit has been held until the R/S purposely? Potentially with the idea that the R/S will raise (temporarily) the PPS and combined with positive audit results the PPS could move exponentially. This is completely speculation and personal opinion.

Is anyone contacting IR as of yet?

There is only 20 mil shares of preferred being authorized correct. Most people will own part of the 500 mil shares of common stock anyway.

Along with that, if my math is correct. 3 bil o/s at 500:1 would equal only 6 mil o/s after the r/s. Correct? That would leave 494 mil shares to dilute with.

Am I reading the paperwork correctly. The Authorized shares, under this new incorporation are reduced from 5 billion to 500 million????

Moneymade, HRNF is not a good example of a .0001 run with high OS. HRNF was just renamed (formerly WEHI) Conducted a RS 300:1 Priced itself at .01 and has tanked since. Shareholders lost their shirts with Mike Pagnano and his company again....!!!! I am sure that IMGW is nothing like WEHI/HRNF. I own shares in both organizations, the two are not even comparable. IMO