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Just read the posts since my last logon a while back. Depressing still. Janvon, I was just in NYC in August for a Broadway show. Can't believe I forgot to look up Barsom! I'm sure he'd chit himself if I showed up. A hired conman out in the open with a contract. Ain't America the land of opportunity! I don't know if fixing the SEC is on Trump's radar; I doubt it. But it sure needs fixin'!
Take care guys, and girls! Hi Deighton! Have a Merry Christmas of Happy Hanukkah, Solsxtus or whatever you celebrate!
Above all, have a safe and prosperous New Year!
Longnshortofit
Can anyone tell me if they're behind bars yet?
How do you know that?
That would be insider information since I can't find that publicly anywhere! Pointer please.
Oh, my bait was out there for those to tell us how they're going to make a gazillion bucks again starting with the show, you know, how they did that every year when they did show. :)
And where is Moon to point us to the video of Daughter Deb doing the sales pitch? BWAHAHAHAHAHA
Don't see IMDS on RSNA exhibitors list!! LOL
http://rsna2014.rsna.org/exhibitor/?letterFilter=I
So will Linda to to RSNA for old times sake?
I doubt it if IMDS isn't paying for the junket.
My 100% guess is that Hicks knows there's no reason to sue since his funding was the basis for the death spiral. He's already gutted the company, so what would he sue for? On what basis? and where's the deep pocket to pay him? Remember, he would have to allege Management misconduct since I believe that's the only insurance they kept... for their own personal protection.
On your first point, wasn't the guy who bought this an accountant/auditor? Wouldn't you think he'd do his DD?
Guess the long line would form behind him!
The 'humungous potential' was a realized LOSS, but of course, you knew that.
You bring 'pumping dead things' to an art form. Congratulations.
Strange that the 'new owners' have not made ANY announcements.
I'm just curious as to their motivation to buy such a heap of steaming dung!
Given the proximity of the owners to the location, my first suspicion is that it's not really a deal at all! ... just something to keep her out of jail. (Maybe she got double crossed! LOL) Your research may prove that one way or another. Good luck.
How hilarious it would be if the new owner screwed her! ROFL, shoe is on the other foot.
Funny, she can afford a lawyer? Must be on contingency (dumb lawyer), although she'll need to pay expenses, I'm sure.
'scuse me while I make another batch of popcorn...
The judge should throw it out on preliminary. By PUBLIC record, she had controlling vote and interest in the company for a while. She knows IMDS has no money to pay, so she's probably now trying to commit insurance fraud. Won't happen. The time to do the right thing was years ago. She missed that window. But it's always nice to see another wheel fall off the cart as it heads to the cliff.
Here's a question that would interest you. Who would give the deposition for her side? Her? ROFLMAO!
BTW. nice find.
OH PLEASE! Are you that ignorant of the FACTS?
or are you one of those involved?
or just holding onto shares that are now worthless and trying to suck others into believing you so you can sell your shares to some other unsuspecting Rube?
Instead of me educating you, why don't you call the SEC?
Or the IRS?
Ask the SEC about KNOWING that there were not enough cases to go forward, and withholding that information, but still publicizing promises like you didn't know the truth . (That's FRAUD in case you didn't know that, and from the sounds of it, you don't, or you won't admit it, which is why I now suspect you may be one of the players since this has been covered everywhere you can get information on this POS company.)
Ask the IRS about paying their own salaries but not paying the American Taxpayer the trust money from their and other employees salaries. (That's not only FRAUD against the shareholders, but it's CRIMINAL against the American Taxpayer according to IRS rules. Look it up.)
I can go on, but what's the point? Management admitted to these, and once a FRAUD, always a FRAUDSTER. Ask Richard Barsom, the admitted FRAUDSTER that IMDS hired to promote the stock rather than spending precious money on completing the PMA. Obviously, they knew way back then the PMA was not going to happen. They just needed to DEFRAUD anyone they could into believing it would. One of several PUMP AND DUMPS ensued where the stock went from about 4 cents to 9 cents for a day and has dropped to ZERO ever since.
So, why would you post something ignorant of the facts everyone else knows and management has admitted?
The poster piped down after FRAUD was illuminated as the cause everyone lost money. Notice that?
He alleges he navigated the FRAUD and made money.
Of course, I'm sure the poster is also capable of running to his car in the pouring rain without cover and not getting wet. Just ask him. I'm sure he'll tell the truth.
Knowing 'how to' make money and being DEFRAUDED are 2 very different things.
oh, so you're saying most made money from this FRAUD?
I don't think so. Why are you still spinning? It's over, except for the perps. They'll be held accountable at some point. I'm still hanging around to enjoy that moment.
Well, Bill, we're weren't part of making the peaks, nor did a little birdie tell us, or whatever method you used or were a part of.
Even with 20/20 hindsight, there was no clear peaks. It looks like a ski slope down. Even those acquiring at 50% discount through lending had a hard time getting rid of it before it dropped the 50%!!
But I wouldn't expect that you would do anything but stick to your story.
Misread? Maybe you miswrote?
"He SAID he sold the stock and made money after the stock was delisted"
Did you mean to say, "After the stock was delisted, he SAID he sold the stock and made money"
Even so, he always held he made money on the stock. I think if you read my email, we agreed, he never bought a share (and just weaving a story), or he was GIVEN shares for work performed, or he lent them money and could buy at 50% or more discount and then flip the shares for an easy profit.
As I wrote, no one could make money with a buy and hold strategy for the last few years and this was a falling knife the whole way down. You would have to be 'in the know' of when the promotion was ON and when it was going to be over to get in and out in time.
I didn't read it that he sold AFTER it was delisted. If that was the case, then something smells and it's not just in Denmark.
NOnetheless, nobody buying stock in NORMAL channels made money as the falling knife cut all grabbers on the way to 0.
What is clear is that the TOXIC LENDERS sold their shares for a 50% markup so they made out OK, even though their debt is still on the balance sheet. So that's the option you missed. He lent the company money and was getting the shares at a 50% discount and selling them on the open market. I can even make money doing that!! LOL
Then you were one of the ones SELLING shares to those who bought them. No one else made any money in the last few years.
Then there were those that were paid handsomely by IMDS to promote the stock. They made money too.
Burn Baby Burn is right. The stockholders were scorched to death. RIP
The mystery deepens.
Hey, I was on vacation and tuned out for a few days. Great news that the stock has been revoked. 1 more nail in the coffin. It's cut off their ability to swindle any more investors, at least for a while. So why did the new owner buy it. A CPA can be that stupid. There's a lot more to it than what appears on the surface.
The Uncle Al one was new to me... what a bunch of corkscrews.
NOt so fast! Seems like it's still going on, or at least is being postured to do so.
Thanks for the clarity. Makes even more sense now.
I guess Hicks figured he found someone to manipulate too. A perfect pairing.
BOD... what a joke, no matter when you're talking about.
That's exactly why I thought is was Uncle Al.
Thanks Deighton. Interesting comments. What you wrote makes perfect sense. Hicks has be under indictment for years too bu SEC. Nothing has come of it AFAIK. I stopped checking a while back. Hope they nail his butt too.
The PRs were works of art IMO. They painted pictures that SH would love to believe and were based somewhat on fact, usually with an out. Then they progressed to outright lying, well after you left.
I;m still dumbfounded (and I called it back then) on the dupe job regarding the PMA filing and voting. I think that was 2008 when it was just outright lying and butt covering when they knew the PMA could not be filed and that no one wanted to do any more cases.
I thought the elimination of the voting shares was a direct result of Uncle Al pushing that, not Hicks. That was pure genius and balls wrapped up in one. I thought Hicks was essentially gone by then (2010?). Guess I was wrong.
Thanks.
Short answer. NO!
So, wait, you're saying that Linda (and I won't use the MM word...) orchestrated (better word?) all of this scamming on her own? I just have a hard time believing that Uncle Al wasn't the one. He has a grasp on accounting and finance. Where does Linda come away with that experience and savvy?
Somebody schemed and wrote all those PRs and came up with a strategy to sell shares. Someone decided to have a shareholder vote and not tell the SH that there was no way the PMA would be filed because they KNEW they didn't have enough scams months earlier. Someone then decided to announced the delay the day after the vote and make several promises for the PMA every time they needed to sell shares to perpetuate the SCAM. You're telling us that Linda was main figure behind all that?
If so, you could knock me over with a feather.
The people doing the deal are real. I have no doubt about that.
However, their purpose is suspect and their proximity to the company and it's officers certainly beg to know more.
If you google their address, you'll see they are involved with several companies all at the same address. In Delaware, you'll see many of the legal offices with companies domiciled there. I don't know if FL is the same, but The main person being a CPA is nothing more than another money man and has no medical background, nor does any of the others I could find.
Also, if you were to buy a PUBLIC company for that kind of money, wouldn't you make some sort of statement (ie PR) speaking towards the future?
Good. I'm happy for you. After getting involved through a friend's recommendation, I was a believer in their SEC and PR issuances. Their whole stock club at his work were sucked in, so I just trusted them and jumped in too. Ironically now, I believe it was reading parts of your deposition with Dickie that convinced me this was a SCAM. You did a great job. It was around that time they hired Richard Barsom to promote the stock, rather than invest in the PMA. At that point, I was 100% convinced it was nothing more than a SCAM and pulled the plug at a significant loss. I've hung around watching them wriggle and writh with each turn of the screw on their way to zero. Most honest people would have given up long ago. IMDS is a study is how to be a Thief for Life!
Could you confirm my suspicions that Uncle Al is the mastermind behind all this? I can't believe it's Linda or Deb. He's the only one that's been there the whole time too. To me, LInda is more of the figure head, although I believe she believes she's the mastermind.. LOL.
thanks.
First, auditors are hired by IMDS. They work for them. They certainly could be part of the plan. Or, the information given to them hid the facts.
Second, the auditors issued warnings in the 10K/Q's that warned investors. Butt covering, perhaps, but they certainly knew and warned there were issues. I posted their warnings on yahoo and other message boards and was attacked saying a lot of companies have those warnings.
I did make the comment about their flow of funds from the takeover to keep the crooks out of jail. So, you're exactly right. Smoke, mirrors and feather sticks, nothing happens at IMDS by coincidence.
Their names might not be on the doors, but don't think they're not still pulling the strings.
yes, at least temporarily. IRS won't put anyone in jail that is paying back taxes as they can't pay from jail, and it's all about the money, not justice. Now, if they default again (not sure why the new owners would give a rat's patute, but that raises another subject), then it's off to the land of orange jumpsuits.
Remember, it's been all about keeping them out of jail and the IRS away from their [personal] money. Under SOX, they can garnish personal assets of directors who act with such disregard.
Ahhh, but they sold shares.
A successful campaign if you were IMDS management, a total loss if you were sucked into thinking there was any promise in what management wrote.
OK. I give up. "What kind of fish are you"?
Thanks for the stroll down memory lane. If it wasn't so sad, it would be hilarious. Deighton, thank God there are still people in the world like you willing to stand up to crooks like those you worked for. You're right, they were trying to scare you. I've been there myself. And, it's even worse in the political world Been there too. Keep up the good work. I hope life has paid you back.
Is it just me, or does anyone else think that the new management/owners just continued the old and tired playbook and hired the same promoters to move forward with the same or similar game plan?
There's been not one announcement from them, yet the promisers are promising fairy tales already, or at least painting a background picture for them. Amazing.
You should schedule an appointment with an ophthalmologist ASAP for that myopia...
I suggest before anyone takes the merger post seriously, check out the poster's Hx.
Seems there's a passion for mergers.... this week.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106062821
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105706146
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105716306
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106032038
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106031980
An absurd statement given the circumstances this company is in. You sound just like the verified PAID PROMOTERS, such as Barsom, that said whatever they wanted to SELL SHARES, and the company maintained plausible deniability. You offer no proof, just some unfounded assertions. Nuts.
Now here come the 3 lettered agencies like the IRS and SEC and more than likely, others... you fill in the blank. As others have commented, they're one banana peel away from imprisonment.
But I will add this, even if your comment was right (and it's not), then there's already a plan in place to essentially wipe out completely the already wiped out shareholders. And, don't forget, when you buy a share in this POS company, you have NO VOTING RIGHTS.
Giving your money to strangers that have a proven (and ADMITTED) FRAUD record is just plain dumb.
He got away easy. The vise is starting to tighten now. IMO, he would have been caught sooner. His death gave everyone else some cover.
Another nail in the IMDS coffin...
GE gets FDA Approval for 3D breast imaging device.