they financed IMDS for years. Google Hicks--he has a long and checkered past. But IMDS is a scam that will not die. SEC, the last few years has tied up IMDS's S-1's with Southridge/Charlton. They take forever to go through and the SEC questions it line by line practically--see the recent correspondence dump on Edgar. 5 years ago, there would be 2 or 3 per year, taking a month or 2 to get declared effective.