TO ALL:
Has everyone told their family and friends about IMDS yet?
Imagine all the time & effort that went into performing the Due Diligence leading to instructing family & friends to buy IMDS.
What has always perplexed me, is that part of DD requires one to read the verbage within SEC filings and Quarterly reports.
When DILUTION was pointed out a myriad of times, by members of this forum, somehow it was dismissed as heresy, rather than ABSOLUTE FACT.
The FACTS indicated that IMDS has always had problems in funding operations organically (thru selling units).
The FACTS indicated that IMDS had to continue to issue toxic death spiral CD's so as to continue operations and make payroll (aka - line their own pockets at shareholders expense)
The FACTS indicated that CEO Grable completely sidestepped shareholders when she SEIZED voting control of the company.
The FACTS indicated that CEO Grable immediately increased the A/S from 2 billion to FOUR BILLION shares!! (all the while certain posters were stating that these additional shares came from naked shorts?) "Poison Pill!" was shouted from the mountain top, but those that did proper DD, knew what she was up to.
The FACTS indicate today, effective immediately, CEO Linda Grable is raising the A/S from the bloated 4 BILLION mark to a whopping 10 BILLION (TEN BILLION SHARES)
The FACTS indicate now, as they have indicated since the inception of this company - that they cant sell their machines. No one wants them. They are antiquated and being sold at too high a price.
The FACTS indicate now, as they have indicated since the inception of this company - that they CONTINUE to RAISE the A/S because THATS HOW THIS COMPANY MAKES MONEY, by issuing freshly printed shares at a toxic discount to the top bid.
The FACTS indicate now, that its GAME OVER.
TEN BILLION SHARES of dilution says so.
Where have all the conspiracy theorists gone as of the past couple of weeks?
I'm under the impression that "family and friends" are a bit po'd at trusting the Due Diligence of individuals that didnt understand how to disseminate information out of a simple SEC report.
I do feel bad for THEM.
Maybe next time, they will get a 2nd and 3rd opinion from a competent financial advisor - OR - obtain a pair of reading glasses and simply read the SEC filings that clearly indicated CEO Grable's nefarious moves to fleece shareholders out of their hard earned cash for her own financial gain.
Ms. Grable - shame on you.
You should be in jail.
"in my opinion"
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