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Kaaaadddooooooooooooooooosh!!!
The sound of the last flush that is IMGG.
No, but he did get a slurpy in Thailand.
Looks like 2 out of 3 people (67%) believe IMGG is a scam. Total votes of 27 with 18 yes and 9 no.
I wonder who is out there voting "no".
Honestly? Some of you think IMGG is legit?
You have got to be kidding? Dean Janes unloaded 30M shares on you and then pretended to not know they were sold. Millions of dollars were exchanged. And yet...
1. No Radiologist has ever publicly backed the DVIS.
2. No medical journal has ever had the device peer reviewed
3. No companies are looking to buy up IMGG.
4. MWE dropped IMGG like bad habit
The list can go on and on and on. I just wish I could find what everyone else is smoking.
IMGG Poll - Board Sentiment
http://poll.pollcode.com/mgtnne
Let's see where we stand today.
Mr Vuksich,
Simply ask Dean Janes to produce the "fully functioning" DVIS that is supposedly stored in Northern California. No fully functioning DVIS (as described by Dean Janes on many a public conference call) then you get summary judgement and Dean gets handcuffs.
ALXA is a clown operation run by a bunch of moron Execs. Nobody, and I mean nobody, will be breaking down the doors to work with Thomas King.
That's a fact. Investors can dream otherwise, but no matter how you slice it that facts are the facts.
Finally!! The eyes are opening. Sorry for your losses.
Never happen as King has shares at $8 and $11 pre-split from a previous financing round a few years back. Once he gets in the green he will dilute you into oblivion.
King is a scum bag. Only cares about himself. Period. Actions speak louder than his hollow words.
One thing for sure about Thomas King when it comes to taking shareholder money off of the table and into his pockets:
There are NO IF's
This you will learn about Thomas King someday if you keep paying attention.
Next three things to happen are not a surprise:
1. Execs file Form4's for the RSU's they sold today.
2. Execs give themselves more "stay bonus" RSU's.
3. Dilution.
All of these to happen before December.
There will be no 10Q. IMGG headed to IMGG.PK.
No reason to spend any money on 10Q filings now that the scam is pretty much used up.
They have given themselves two (2) RSU's this year under the guise of "stay bonus". Was Thomas King going to actually leave and this needed a stay bonus? Same for all the other execs?
ALXA is top-heavy and some execs leaving would have been a good thing. But instead....they gave themselves a bonus.
Don't forget the bonus they gave themselves last fall (October) just for submitting the NDA. Just for submitting it!!!
You need to learn that Thomas King is greedy and only thinks about himself. The sooner you come to that realization, the better off you will be.
King will do whatever benefits him most. Selling the shares now for $40K is easy money. Remember, he will just have the board grant himself some more RSU's for any expected run-up later this year. You can take that to the bank (no pun intended).
Regarding Azimuth, this is King's typical MO. Pump the price, sell the RSU's, dilute with Azimuth (or similar) and grant more RSU's.
You need to get to know Thomas King for the greedy person he is.
IMGG is heading to PK. Nobody can possibly believe that he is going to file anymore with the SEC do they?
All that filing just leads to lawsuits.
It's NOT JPMorgan!! It's JMP Securities. Not related at all....although that crook Thomas King likes to utilize them because it confuses the noobs.
Thius is typical Thomas King and his execs behaviors.
Therefore, the pump cycles begin (JMP is their typical lacky). ALXA execs are trying to pump the stock as high as they can before August 24 RSU options kick in.
Note: After August 24, you will see ALXA dilute with a draw down on that Azimuth financing. Guaranteed!!
Device does not work as advertised. But yes, he can still try to scam people outside the USA to keep the money train rolling in for himself.
EPIC FAIL for Dean Janes
http://www.imaging3.com/about/code_of_conduct.html
There are no rabbits left in the hat.
The last rabbit went to Thailand a long time ago.
Logic always wins.
If Dean Janes actually had a functioning device, he would have GE/Toshiba/etc clamoring to buy him out.
If Dean Janes actually had a functioning device, he would have at least one (1) radiologist to publicly endorse the product.
If Dean Janes actually had a functioning device, he would have the device written up in a medical journal for peer review.
Instead, all you get is excuses this and excuses that.
Logic always wins.
Your entire stream of logic is wrong.
1. The device does NOT work. It does not provide real-time 3D images of diagnostic quality.
All that other stuff you list is meaningless.
Who owns Tom's River and how are they connected to Brian Altounian?
You will find your answer there for sure.
I've got to say IMGG.Pkkkkkkkaaaayyyyy!!
King blames the FDA and government. Bank on that. Just ask him exactly what the issue was:
"I appreciate your question, but not your smugness. The FDA is a bureaucratic morass, adrift with no rudder. Our issues are minor, but that doesn't mean that the FDA can't take all rules available to it to drag out an issue. We expect a re-inspection, which is clearly a Class 2 response (in their own language). Undue regulation runs rampant in our government, and are a profound detriment to small businesses trying to build innovation, long-term value and American jobs.
Alexza and its employees are doing their utmost to get ADASUVE approved to help patients. Either you believe in what we are trying to do, or not. Either choice is fine. Make your investment choice and move on or not. But I don't need the armchair quarterback poking shots at issues that are more art than science. Write your congressman or senator…the issue resides mostly there, not with small companies.
With best regards.
Tom King"
While there is some credence to the statement, King has been very sloppy all along. In addition, giving yourself bonuses for sloppy incomplete work is ridiculous.
The scam is iver here at IMGG. Dean Janes knows it. Now it is a matter of hide the money he has pockted, file BK and stroll through court cases getting judgements against him that he will never have to repay.
There is nothing happening with IMGG. Dean-o took out a loan for the company last fall. Said he was gettig the images acquired, consultants working, yada yada yada.
Then what? 2 months ago he says he has no money to do the work. He did pay himself nicely (and paid back himself nicely) with the company loan.
Get it straight people!! The DVIS does not work as advertised. It is a scam device dreamed up by Dean Janes. It does not produce diagnostic quality images.
You need to complain to the FBI and the SEC. That is the only way Dean Janes and Brian Altounian will get what's coming (besides some hot seats in the after life.)
???? 10M shares is $30K at 0.003 ???
I'm no big pimpin' daddy, but to someone with funds, $30K is a drop in the bucket.
Answer: Someone looking to manipulate the stock later is buying today. We know that Cranshire has to sell to stay less than 5% ownership so they are the ones dumping.
Someone buying today is hoping that when all the Cranshire shares are sold that it will go back to 0.01 and they will make 300%. There are many, many, many speculators who trade pennies like this.
I said it before and i will say it again....
0.0008 by end of July (yes 3 zero's). In other words, super sonic sub-penny. It will hit PAR Value (0.0001) in late August.
Dean Janes will never resubmit the 510K. Why? Because the device does not work. He doesn't need to do anything any more. He has $6M and will be headed to Thailand soon (for good...he likes those she-male hookers).
LOL!!! But Dean Janes the liar, psychopath and soon to be federal pen boarder doesn't eve have a working machine.
IMGG still a scam? Check.
IMGG was always a scam? Check.
Future checks:
Dean Janes going to jail? Check.
Mike Nessen going to jail? Check.
Chris Sohn going to jail? Check.
Brian Altounian going to jail? Check.
Looks like Dean Janes' company with the "revolutionary imaging device" that had just a "labeling issue" will break into the 3 zero's by end of July if not early. I am predicting 0.0008 by then.
Now who's buying that PPM that Dean has out there at 0.0112? LOLOLOLOLOLOLOL!!!
That is genius!!! Are there any other insights you have on ALXA?
It is definitely the case that Dean Janes is scam artist. Intent. Intent. Intent.
The device does not work as advertised. Never did. Never will.
LOL!! IMGG in the business of selling nightmares disguised as dreams.
No need to involve God or his son.
It's just a small set of shares that are left over from the CRL in Fall 2010. I kept them in case ALXA ever got lucky.
Otherwise, my average is in the $12-$13 range ($1.20/1.30 range).
I've got some at $32.06 so I win.
Dean does this because nowhere else on the planet can he get paid this much money. Nowhere. He's $75K/year at any regular job.
Maybe he uses Turbo Tax? LOL