ImageXpress Corp (IMJX)

[dmoinvest]

Yes, 7.8 bil O/S is large and getting close to A/S of 10 bil. Float a little over half of A/S. Either way big numbers to deal with.

Q1 2010, lists all payments and distribution of shares for compensation, etc. It appears to me that they have cleaned house, putting things in order prior to Q1 reporting. This coincided about the same time with current status on Pink Sheets. In addition, the news blitz of many positive developments and updates in April/May and culminating with most recent p/r's regarding hire of Phil S. and official launch of I-phone app on I-Tunes store further validates the positive movement, in my opinion.

Patience will pay if:
- Placement of 250 SmartKiosks are well received and lead to additional contracts and placements in the several thousand as previously projected.
- If FreePrintz program takes off and advertising revs improve.
- Share restructure occurs via share buy back program not r/s and company revises A/S downward.
- Newly formed Medical Systems Division, continues conceiving and developing new products or improved products in line with EMR mandates.
- Surg-i-Scan app leads to interest, exposure, inquiries, testing and follow on sales of software for medical checkboards via medical tablets and I-pad (as suggested by Frankies link) by medical industry.

If not, then naysayers will be vindicated. Dilution and r/s will likely be the course of action. Simply a matter of perspective, what do you believe? At this point, I am willing to exert patience. Q2 2010 financials will be out shortly and the next chapter will start to play out.

D