Imagin Medical Inc C.IME

Haven't peeked here in ages, saw SP @ 90 cents! and thought

[KozmoT]

Wow, they finally got off their assses and got their shitte together! Then read about the 1 for 20 consolidation .. ouch. Reverse splits are the kiss of death for investors in penny stocks like this.

[Bobo23]

CORRECT! This junk is done. People will be kicking themselves for not selling here! I expect a full retracement back to 30c. They got nothing my friends. They are nowhere near having an FDA approved product to sell and will be beggin for money soon. FDA studies take YEARS! Then comes the long drawn out approval process. Maybe in 2024 they will have something to sell the can market for a proven

[Tradex2x]

Yes  You are correct about the FDA timeline but there is always a possibility of being bought out before then , I will hold . My question is still why are you here do you own any IME stocks or do you just like to make negative comments if you don't own stocks in this Please move on .

[Bobo23]

They wont be bought out because everybody knows they have maybe 6 months of money left even after the money raised. A recent quarter had an 800k burn rate. They raised 3 milion some of which has been burned up.  Anybody who wants to buy them will just wait until they are near bankruptcy make a small ball offer and promise those in charge they will be hired on with the buying company as