Thats a question with many variables. Just like anyone who defaults on a loan.
There is a greater chance for a new company to undergo a default and IMGG is no exception.
What I can tell you is that:
1) I have seen the device in person 2) It works as intended, give or take 5-10 seconds 3) Dean has negotiated with the FDA on submission guidlines 4) Resubmission around summer time