they now are a one product company that is deep in debt trying to sell their product but being unable to make enough money to pay off their giant debt and become profitable...they are paying a very high interest rate on their huge debt because they were unable to get money for a lower rate because most lenders did not believe they would become a success...these lenders have been proven correct because after many, many years, IMSC is still a failure, living in pennyland with the rest of the stock market trash..when will they ever pull away from the losers and become a winner?..after 12 years of waiting, most people have gone on to other things and forgotten about this loser, so IMSC is still stuck in a rut and unable to get back on the road to success.
who think they have discovered a way to make a quick, easy buck..but this stock has nothing to offer but a lot of pain..they are in a house of pain.
more sales and less debt is fine with me..I would like them to get rid of the high interest debt and get this stock into the profit column...YTD, IMSC is down over 25%..that is not good, that is very bad....I will continue to comment about the stock's performance until they get their act together...I will be buying more when it falls after their terrible ER..it will be years before this stock gets in the profit column or gets bought out.
attacking me for telling the truth will not make IMSC go up, only more sales and less debt will do that..get a clue
Last Nov. it failed and it is still a failure.
attacking other posters will not help this stock go up..get a clue.
off the stage and put IMSC in the outhouse where IMSC belongs...whew..what a stinky stock..cannot hold its penny gains..the lenders are really draining this company dry...so much debt so little profit...what a loser.
too much debt can make a co. go belly up stay away from heavy debt.
jd_450, your suggestion is spot on. Now that IMSC has passed all the testing and is now receiving orders one would think that someone in the company could persuade some lender with deep pockets to pay off the toxic financing and lend them the money for a much lower interest rate..this would shorten their road to profitability..your idea is a very good one..I hope someone in management can accomplish this task.
gold slipping and slipping fast..there is no way it can recover because the US dollar is the KING and leader of the entire world...gold is just a metal that has lost 47% of its value since 2011..was over $1900 back then and now under $1100..what a disaster
down you go and where you stop no one will know. ..the sniffer business is a low volume low profit affair..they sell a little here and a little there..they barely make enough to eat and that is why they live on the street...burr, burr.
trouble ahead if this does not soon rally.
a lousy 50 unit order is probably not enough to pay the year's utility bills..when is this outfit going to get some serious big orders..this nickel and dime stuff is not working...no wonder the sp is still sub-dollar
that's regression not progression...too much debt, too little profit.
John, yes, they will sell the company on the cheap...now that orders are arriving, the sp is still in the dump and the buyout people will offer a 30% premium..that's about $1.05 a share..the little shareholder will get little that is why they call him little...the top guys in the co. will get very good positions with the buyout outfit..happens all the time.
Ken, the sp has to get above where it was years ago before IMSC passed the testing and before any orders were received..that sp was $1.85. Surely you must realize that something is wrong with this stock because with all the positive news the stock's sp is less than 1/2 of $1.85..that tells anyone with a brain that the lenders are draining all the potential of the stock down the drain,,,they are taking the would be profits out the back door because of the extremely high inteest IMSC is paying on it loans