InvestorsHub Logo
Followers 116
Posts 11877
Boards Moderated 1
Alias Born 03/08/2004

Re: Lambster post# 43856

Thursday, 06/02/2011 11:13:21 AM

Thursday, June 02, 2011 11:13:21 AM

Post# of 59551
My guess

Is Dean is waiting for some creditor to involuntarily put IMGG into bankruptcy, because he wins in bankruptcy.

But creditors aren't dumb--they see IMGG is an assetless shell with no chance at any recovery. That foils Dean's plans. No one is motivated to play along.

He needs a dumb creditor to play along--see an MTV spot and think there's gold there. Problem is Dean owns the gold (the patent) with a Toms river lien on it.

Bogdan and Toms River were the smart ones. bogdan going after Dean personally. toms River attaching the golden asset.

Everyone else, including shareholders, are SOL