Replies to post #30930 on Imaging Diagnostic Systems (fka IMDS)

[jmurfk]

All the claimed hype about things going on are just that, claimed hype. Pretty funny read from the 10Q. There's a section where they list recent events, and here they are;

Other Recent Events

On August 2, 2012, the Board approved an increase in the number of authorized shares of Common Stock from 4,000,000,000 shares of Common Stock to 10,000,000,000 shares of Common Stock (the "Authorized Share Increase") and recommended to Linda B. Grable, our majority voting stockholder, that the Authorized Share Increase be approved.

On October 30, 2012, the Board approved a 1-for-500 reverse stock split of our issued and outstanding shares of Common Stock (the "Reverse Stock Split") and recommended to the majority voting stockholder that she approve the Reverse Stock Split.

[jmurfk]

I love how this company is fully reporting. It really dispels all the claimed hype. Like the hype about the patent values, lol. Looks like the owned patents and patent rights lost almost $10K in value, QoQ. Doesn't matter, they're claimed asset value is around $100K. So much for the "worth millions and billions", lol.

Intangible assets, net $93,985 $102,530