mas I think you have to be realistic here, why anger the lender that keeps you floating- you wouldn't and neither would any ceo until things align to his vision.
Not to grossly inflate IMSC's prospects but, they are stellar once the cap structure resolves. Fully dillute to remove debt clauses, then if necessary reverse which is usually a danger sign for a small cap trying to save a listing but IMSC doesn't really have a listing to speak of.
In my view, they have the platform, they are carrying enough NOL to apply to further development of that platform into at least three very attractive products PLUS possible integration into an x-ray system maker's line.
Lets get the converts done at 100M float so dmrj doesn't decide the deal points ( remember their 8 cent convert today would give them 25% control which makes me worry they would roll over in any buy out negotiation).
Lets get this done ONLY at fully value for the benefit of Long Term Shareholders who have suffered the Levi's, the Smiths, the Morphos, the tsas, the this and that and the kitchen sink full of dishes. Set my people free! Are you with me LONGS?
Best of the Very Best Luck to ALL IMSC LONGS!