Imagin Medical Inc C.IME

Alternate Symbol(s): IMEXF

Imagin Medical Inc. is a urologic oncology company. It is engaged in developing technologies to better visualize and treat urologic cancers through minimally invasive surgery, including bladder and prostate cancer. Its first product, enCAGE Coil, is designed to eliminate the limitations of other methods of prostate cancer treatment that can cause erectile dysfunction and urinary incontinence. The device is a disposable, focal therapy, precision ablation system that will deliver bipolar, radio frequency energy through a distinctive coil electrode, or cage. It enables the surgeon to preset margins for precise tissue targeting. Its second product, the i/Blue Imaging System, will bring several key technological advancements that improve the utility of blue light imaging for visualizing bladder cancer. The i/Blue System delivers blue light imaging technology in a more versatile, practical, and accessible format and is designed to work with existing fiberoptic endoscopes on the market.

CSE:IME - Post by User

Imagin Medical Inc

Bullboard Posts

Comment by NovaAU10000on Aug 14, 2018 10:43pm

111 Views

Post# 28461762

RE:hey dummy

You obviously can't read. Their spending ballooned up to a net loss of $1.750Million last qtr. At that rate, which will probably increase, they will blow through that $6M in 3 qtrs. Their spending has risen almost 10X. Also, I suspect they have no one paying the tab for the clinical study coming next as they did for the 10 patient study just finished.

If this spending rate continues they will be forced to issue another PP by the end of the year. Let'd hope the stock price is a lot higher than 8c then.

Now go back to your mommies basement and play your video game.

Bullboard Posts

Mastering options Greeks: Essential knowledge for informed trading