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Re: dan1drew2 post# 42382

Monday, 05/09/2011 12:50:32 PM

Monday, May 09, 2011 12:50:32 PM

Post# of 59551
But IMGG is out of money and needs to do an offering right now

They had $1 million in October. $360,000 Dec 31

There is obviously going to be a sizeable offering coming up. One that will be priced at a discount to the market and one that will reprice ALL of the warrants from the previous offering

That's the whole point of the video demonstration.

And if Dean had an FDA approvable device-- he'd have re submitted it by now instead of trying to buy time.

The video will underwhelm and will precipitate a decline in the PPS