Replies to post #25898 on Imaging Diagnostic Systems (fka IMDS)

[stockmasterflash]

One point missing in all this

IMDS' total debt has gone UP during this period. Not down. Though dilution is never good, at least if IMDS was using these billions of shares to PAY DOWN debt, then at least a case could be made that some progress was being made.

IMDS has simply been making the minimum payment on the $5 million credit card. Shareholders have seen their stake diluted by 75% and no progress has been made on the debt in the past year.

When the OS of a company has increased almost 3 billion in 8 months, and the company filings show these shares were issued on converted debt at huge discounts to market price, you aren't dealing with an UNKNOWN force destroying the PPS.

It's massive dilution to the tune of an almost 300% increase in 8 months.