Imagination TV Inc. (IMTV)

[HollywoodFastLane]

We have authorized the ability to issue preferred. We have not issued any at this time. When ever we do issue this at that time the type of preferred will be determined.

The thing some people do not understand is that it does not help the company when the stock falls. We are all losing money when it drops. Most of us have never taken a salary and only we have our shares for years of work we have put in and the money. So when it falls we are hurt the worst. I personalty sold this year and lent all the money to the company. I took my own shares, sold them and gave all the money to the company. It was the cheapest way for us to get money. I own 270 million shares. I lost $972,000.00 on paper over the last two days. So this the idea that somehow we wanted our own stock to fall is ridiculous.