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janvonscanner

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janvonscanner

Re: LongnShortOfIt post# 38518

Wednesday, 06/18/2014 12:51:58 PM

Wednesday, June 18, 2014 12:51:58 PM

Post# of 39209
It won't work anymore. Now it's a delisted GREY SHEET SKULL AND CROSSBONE stock. Once they go GREY SHEET, they never come back.

My best guess is they cease all daily operations, but keep the company alive as long as possible to hold off the IRS liens. Remember, that million dollar lien is against both IMDS and Grable- she doesn't want to be on the hook for that IMDS is in business to satisfy the outstanding liens and then IMO file Chapter 11. I wonder how they are paying the $25000 a month to the IRS?

"Sunlight is the Best Disinfectant" -US Supreme Court Justice Louis Brandeis

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