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 > Outrageous

<< Previous

Bullboard Posts

Next >>

Comment by Predator2018on Oct 30, 2020 7:52pm

178 Views

Post# 31817547

RE:RE:Outrageous

WITH NO CASH FLOW and No approved product to sell, I wonder how they would be able to raise the cash to pay $300K yearly interest on the $3 million convertible debt at 10%. This would put more pressure on this penny stock non viable company. Without cashflow and the CEO bleeding massive cash on salary, you are looking at a burn rate exceeding $100k monthly. This bird is dead!!

<< Previous

Bullboard Posts

Next >>

E3 inches closer to Alberta's first lithium production plant