Monday, February 05, 2018 7:48:54 PM
being a bit more objective, what you can say is that:
the previous CEO absolutely made bad/deceiving statements about the 510k submissions years ago and got sanctioned for it. he's gone but may be e a significant shareholder even now.
the SEC notices from way back are plastered all over this board.
a new president took over a few years ago too and recently a new ceo as well.
a scientific advisory board is being created and 2 members (both radiologists) are on board so far.
part of the re-submission work is reportedly done, i also confirmed that through other means in case anyone cares. (done by a real company with a good reputation.)
the patents are in the public domain.
financing as always remains an issue.
the company has faced lawsuits and there is litigation now.
as far as the technology goes, there are some similar products out there. if you know how to search, you can find one that is very similar though created long after imaging3 went into this business. you'll even find representative imaging and loops. the technology does work.
like all pennies, lots of risk and like many, a lot of mismanagement in the past. but for what it's worth, there is real tech, a potential market and a different administration in place.
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