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jmatt55

08/17/12 9:37 AM

#25067 RE: squeak1 #25066

Nice Post Squeak refreshing info uplifting Thanks
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stockmasterflash

08/17/12 9:41 AM

#25068 RE: squeak1 #25066

Funding for penny stocks

NEVER benefits the common shareholder. Triple 0 penny stocks have only one avenue for financing: stock sales and convertible toxic notes. Extreme dilution always accompanies pennystock financing

Consider that IMDS has $5 million in current liabilities and has over $1 million in Federal Tax liens. They are by no means creditworthy.
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hearmenow

08/17/12 9:41 AM

#25069 RE: squeak1 #25066

Ditto$$$$$ go imds!!
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jmurfk

08/17/12 9:58 AM

#25070 RE: squeak1 #25066

That grapevine is wrong. I don't doubt IMDS is in talks with lenders, but I can guarantee they aren't competing in a good way. It more of the lessor of the evils, on who's offering the best deal on horrid toxic conversion terms.

IMDS will not get non-toxic financing. I imagine Southridge is close to cutting off funding, if the havent already.

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jmurfk

08/17/12 10:00 AM

#25071 RE: squeak1 #25066

That grapevine is wrong. I don't doubt IMDS is in talks with lenders, but I can guarantee they aren't competing in a good way. It more of the lessor of the evils, on who's offering the best deal on horrid toxic conversion terms.

IMDS will not get non-toxic financing. I imagine Southridge is close to cutting off funding, if the havent already.