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Re: Corner3 post# 18686

Thursday, 11/20/2014 2:05:59 PM

Thursday, November 20, 2014 2:05:59 PM

Post# of 47873
Corner- are you supposing that dmrj is selling their pants off to avoid losing when bam takes the ip/company in lieu of its payment due and instead of shares? ( the terms are in the loan documents but I don't remember them off the top of my head) They are owed 3million interest in mid March and if they take it as shares, would they not be the ones trying to hold the price at this low level to give themselves more shares for the interest payment due ? ( I think its obvious, but can't be sure)

I agree, the writing is on the wall. THAT is why I am saying the ceo has to do something dramatic, actually 2 things- deliver as much of the current order as possible by 1/30/15 so he has interest payment in hand while still being able to fund opeations and find a strategic buy in to remove that threat.

The only thing that will create that strategic buy in interest is the ceo and coo take the ceo of the buyer into the "shop" and show him what IMSC is working on. Ironically, that same thing they are working on is the reason that bam may do what I think they will do.

You are so right, common find out when its too late to do anything.

Best of Better Luck to ALL IMSC LONGS!

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