Ted- one hang up to a loan, right now, how is that guaranteed? BAM has the IP rights that guarantee their loan to IMSC so they control events as we move toward those resolution dates. Sure, this can be worked around but it takes a small leap of faith and or common agreement by all parties involved. But do all the parties involved share the same interest now that IMSC is a major partner-vendor to tsa? I don't know the answers and nobody will talk about it, but you can bet that when the topic comes up, the parties involved will shout it down thru proxies.
We common holders don't have control of the deck. We can only sit from the sidelines and watch. But in my opinion, there are big players at play and its so obvious that other shareholders have been sidelined thus the price sits below management option levels but a a level that encourages dmrj to keep converting and selling while it makes take out or other loan converts more attractive.
So as a long shareholder, I am rooting for a strategic buy in with a lock up period. I have to believe that the ceo would want the same, but never say that as it could trigger "unhappiness" ( don't want to be wearing the ceo's shoes if that should happen).
Again, this is all conjecture and guesswork as there are no distinct trails that I can point to. But if somebody has a plausible-reasonable explanation- I am all ears!
Also remember, the Drs. McGann and Jones have a very nice reward awaiting them should they bring that interest to the company. I view that as a positive and they are my hope for the strategic buy in. Since they receive shares, its in their interest for the share price to be very much north of where it sits today.
Best of Better Luck to ALL IMSC LONGS!
