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Re: ken_r post# 44640

Wednesday, 12/21/2016 8:19:50 AM

Wednesday, December 21, 2016 8:19:50 AM

Post# of 47873
We're talking about company management, BOD, and a lender (PP) potentially involved in fraudulent lending practices, collusion, terminating a CEO, and blackmail/bribery to eliminate the chance of securing improved financing, etc.

PP (nor its investors) are owed anything from IMSC shareholders if any of the above is found to be true.

IMSC shareholders did not invest in PP. We invested in Implant Sciences. A company winning awards for its products and contracts around the globe. PP was supposed to only be a lender. It seems they had control over the management and BOD. But, that does not mean that IMSC shareholders are in the same position as PP shareholders. And, we should not be. The situation with IMSC has to be separated from what the PP investors are facing. I do feel bad for them, but not so bad that I would have money stolen from my pocket to put in theirs.

The criminal activities specific to IMSC are a fraud perpetrated on the shareholders of IMSC. The IMSC shareholders, therefore, deserve to deny PP, IMSC management, and IMSC BOD any proceeds from the sale of the company. Those proceeds should be returned to the IMSC shareholders.

These are my opinions.
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