Image Protect Inc (IMTL)

[Joe Burmeister]

He has done that before...issue a PR announcing share cancellation...then dumps into the volume...only to reissue those "cancelled" shares after the pump.

He also puts bogus entries for convertible debt dated several years ago (the quarterlies are only required to list last 24 months of CDs issued, you have to look at the Annual report to reconcile old debt), hoping no one will notice. Then he announces that he has shareholders interest at heart and is canceling more "bogus" convertible debt that never actually existed.

He is a master of manipulation. The only business he is in his selling shares. Everything else is smoke & mirrors.

I am sure he is itching to raise the A/S to 25 Billion but his hands are tied until he becomes 15c2-11 compliant.

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