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Post# of 589058
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sliverbullet

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sliverbullet

Re: sliverbullet post# 177574

Thursday, 05/28/2009 1:01:31 PM

Thursday, May 28, 2009 1:01:31 PM

Post# of 589058
Why IMGW will go to .008 on audit news explained:

Market cap of Image Worldwide (IMGW) right now is only $180,000. Their recent acquisitions have $5,000,000 in revenues that are being audited right now to prove this, audit numbers to be released here at anytime.

They just signed a $500,000 John Paul Mitchell packaging contract not too long ago (John Paul Mitchell Systems has annual salon retail sales approaching $900 million, http://www.paulmitchell.com/About_Us/Pages/TheStory.aspx )

They just signed 8 more contracts a few months ago through their Image Magazine division.

A 0.0001 share price and $180,000 market cap does not reflect these contracts or recent acquisitions.

If 5mil in revs then we should be trading aound .008 to .02 depending on the a/s and o/s
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