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Bullboard - Stock Discussion Forum 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... see more

CSE:IME - Post Discussion

Imagin Medical Inc > Roll Back
View:
Post by Tradex2x on Oct 27, 2020 8:37pm

Roll Back

Ok a 20 to 1 roll back now 9 miiion float is this Good or Bad .
Comment by Anonxmas on Oct 27, 2020 11:19pm
All depends how the 29th goes!
Comment by Calrsberg97 on Oct 28, 2020 11:01am
The 29th is a virtual information session for investors.  This is going to make a large jump one way or another because of this?
Comment by KozmoT on Oct 28, 2020 11:31am
Rollbacks are usually kiss-o-death for penny stock gambles but a 20 : 1? Thats pretty bad. You now own 1/20th the number of stocks you had and the shareprice starts a new dribble downward. And to top it off, that last financing they announced that was supposed to close 1st tranch on Oct 22nd ... * crickets chirping * "The Offering may close in one or more tranches, at the discretion of the ...more  
Comment by Calrsberg97 on Oct 28, 2020 12:09pm
Agreed it's not great however there were way too many shares previously, 20:1 takes care of that.  There may be some more bottom to come but I think there is more up side than down at this point.  
Comment by KozmoT on Oct 28, 2020 8:15pm
We'll respectfully agree to disagree.  When I first started investing (we're talking 1980's) I put money in a penny stock company called Response Biomedical.  Almost identical to IME in most ways.  They had to do a rollback, and the stock drifted right back to where it started, they did it again ... eventually investors who had 1000's of shares or more were sitting ...more  
Comment by Tradex2x on Oct 28, 2020 9:21pm
I agree  All we are doing is paying Crooks salaries for the last 2 years . A total Con job this stock will be worthless in 1yr .