Imaging Diagnostic Systems (fka IMDS)

[jmurfk]

Yeah, here it is, ID Matrix. I remember folks claiming these we're sales, lmao. So much for that. They sold one unit for 100K.

This is from the last Q, so it appears they only sold one of the claimed 15.

In December 2011, we announced that we signed an exclusive distribution agreement with ID Matrix Systems to market and sell our CTLM® systems to private and government hospitals and private imaging centers throughout China and Hong Kong. The agreement stipulates that ID Matrix must purchase a minimum of 15 CTLM® systems within the first year of the contract along with a 50% deposit with each order to remain our exclusive distributor for the territories.

In December 2011, we received an order for one CTLM® system with a deposit of $50,000 from our exclusive distributor, ID Matrix, which was initially scheduled to ship to China during the first week of January 2012. The distributor was not ready to take delivery so we will wait for their instructions for delivery.