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Boxsterfan

05/09/11 12:46 PM

#42383 RE: dan1drew2 #42382

That's how the scam at IMGG works. Dean wants you to believe.

All the evidence suggests the device does not work as advertised, is not ready for production, etc...

All of these things Dean claimed were true. All of these things will add 2-3 years of prison per violation.

I'm guessing at least 8 years of prison...good behavior and he is out in 4 years.
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stockmasterflash

05/09/11 12:50 PM

#42386 RE: dan1drew2 #42382

But IMGG is out of money and needs to do an offering right now

They had $1 million in October. $360,000 Dec 31

There is obviously going to be a sizeable offering coming up. One that will be priced at a discount to the market and one that will reprice ALL of the warrants from the previous offering

That's the whole point of the video demonstration.

And if Dean had an FDA approvable device-- he'd have re submitted it by now instead of trying to buy time.

The video will underwhelm and will precipitate a decline in the PPS
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Lambster

05/09/11 12:53 PM

#42388 RE: dan1drew2 #42382

EJB, all I can say to that is IF my Aunt had some different body parts, she'd be my Uncle.
Hey, it's not like I don't want it to happen, as I have plenty to gain. I just find it hard to believe after all this time, "PRESTO".....Dean shows us, and everyone is overwhelmed with joy, because he really did have what he said he did. IMO what we will get is enough mumbo jumbo to keep the speculation in full gear, and that allows Dean to keep this alive. The talk of big dillution has to happen, as IMGG is surely out of money.

IMO, Dean could put up an Etcha-Sketch demo, and the PROS on here will be like, See told ya he has 3D Realtime, better load up while the SP is still so low.

I'd like to hear some estimates as to what people think the SP will be by let's say Wednesday of next week, after the news gets out about the miraculous demo. I will go along with the Tigger, and say we MIGHT see a rise to the resistence level of .15, but doubt really anything more than that. Dean's not going to show anything that will really spark this thing IMO, because he can't. Not because the FDA says he can't either, he can't because it's all on paper, not a working machine.