Imaging Diagnostic Systems (fka IMDS)

[Cool_Trades]

$IMDS PLEASE ANSWER THIS QUESTION:

I have asked that question several times myself and I will ask it again.

WHY WOULD SHIMADZU (and MAREEN GROUP) SIGN A DISTRIBUTION AGREEMENT JUST LAST MONTH IF THE COMPANY WAS DEAD IN THE WATER LIKE SO MANY ARE PEGGING IT TO BE???

THIS ANSWER IS THEY WOULDN'T! Shimadzu as of last March had $375 million in cash and last year grossed $1.2 billion dollars alone. (I converted the yen to dollars based on their annual filings)

The implications are OBVIOUS...IMDS IS NOT A FAILING COMPANY! And the ONLY way for IMDS to continue and provide support to Shimadzu in particular is through NON-TOXIC FUNDING. We know a chunk of debt is due on 6/30 at the amount of $756,000. Count on their being funding prior to that date.