I disagree. If you put in $10,000 now at .35 and we get the great news and go up to $3.50, your $10,000 becomes $100,000. If we get horrible news and the pps drops 50% to .175, you are down $5,000 (a loss only if you decide to sell instead of waiting for the next round when approval does come). In the alternative, if you wait until IMGG stops trading, the news is announced, and then buy in $10,000 at $1.75 and sell at $3.50, your $10,000 becomes $20,000. You've lost out on $80,000 you should have had. So in my mind, for every $10,000 you can put in now or after approval, it's a gamble of $5,000 vs. $80,000.
If you are sitting on the sideline, knowing the potential of this stock, I would consider that an $80,000 loss, not a $10,000 gain. You would kick yourself forever for not getting in now.