InvestorsHub Logo
Followers 116
Posts 11877
Boards Moderated 1
Alias Born 03/08/2004

Re: DrContango post# 52741

Tuesday, 10/13/2015 4:59:33 AM

Tuesday, October 13, 2015 4:59:33 AM

Post# of 59549
IMGG bankruptcy plan

Largest shareholders are 2 toxic lenders. CEO Dane medley gets a boatload of shares. Former CEO DEan Janes, who, along with IMGG was charged by the SEC, gets shares from IMGG for Salary and accrued expenses, he also gets IMGG shares from the lenders according to the plan.

Why are the lenders paying him in IMGG shares?

http://www.sec.gov/Archives/edgar/data/1205181/000106594913000099/0001065949-13-000099-index.htm

#1). You have money. Other people want it. All of it!
#2). You want easy money. So does everybody else. They'll get it, too....yours! (and all of it!)
#3). You tell yourself you're smart. You won't lose your money. Fact: Other people are smarter,