Imagin Medical Inc (CE) (IMEXF) 銘柄情報

IMEXF .0187

IMEXF .0012

They did a 20 for 1 reverse split. At the .80c share price that makes it worth about .04c pre split. It did get down to the 1-2c range pre split adjusted after the split. Basically a reverse split is a sign of desperation and they almost never work. The weakness displayed by reverse split attracts short sellers who see a large potential gain. In my opinion this company is a goner.

Did this thing have a reverse split this past year? I swear it was under $.10 about a year ago. I can’t find anything on Google about a reverse split though??

OTCQB, FDA approval, commercialization. 2021 is the year of Imagin Medical. 9 million shares. Way undervalued.

OTCQB, FDA approval, commercialization. 2021 is the year of Imagin Medical. 9 million shares. Way undervalued.

The.paid for."invesor event" DID NOT HELP! Its over peeps.

IMEXF one for 20 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

https://www.proactiveinvestors.com/companies/amp/news/932212

Last Signal:SELL Last Pattern:BEARISH MEETING LINE
https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=IMEXF

Whelp looks like its over peeps! $269k left and that is as of June 30!!!

"As at June 30, 2020, the Company had cash of $269,205."

Um its the end of August peeps! They burned through $582,805 last Q according to the report.

They gotta be about to declare bankruptcy or massively dilute the stock for minimal cash gain. I expect there will be a BILLION share outstanding in no time and they can issue unlimited numbers of shares and you know they will to keep those pay checks for no results coming!

In my opinion!

"June,30,2020,the Company.had.cash of $269,205" DONE!!

Whelp! Not good! I.see.sub-penny,massive dilution then bankruptcy coming!

In my opinion!

IMEXF IMAGIN MEDICAL Last Signal:SELL
https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=IMEXF
From 7/17/20
Last Pattern:BEARISH ENGULFING
Last Close:0.0200Change:-0.0043Percent change-17.70%Signal UpdateOur system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 0.0230, and our valid average selling price stands now at 0.0200. The previous BUY signal was issued on 06/22/2020, 24 days ago, when the stock price was 0.0243. Since then IMEXF has fallen by -17.70%.Market OutlookThe market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...This site is protected by Trustwave's Trusted Commerce program

Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern DescriptionThis pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...

Billion plus shares outstanding and increasing daily..
Not for me very overpriced!!!

They MUST.be broke=NO LEVERAGE.Bankruptcy.is likely imo

I am not a pumper from other boards. Someone on other boards is trying to link me to alleged pumper accounts. I am not associated with the pumper they are trying to out. I have simply tried to call attention to easily available facts and advancements on this board regarding IMEXF that busy investors might miss. My last post here was in January 2020. Sadly IMEXF has had little positive news to relate since then, but IMEXF still appears to be intent on making an FDA application. There may be multiple avenues still available to IMEXF to obtain additional funds. To my knowledge IMEXF is not carrying debt. The IMEXF story is not over yet.

Last.Q.burn.rate was.$600k/month! $900k left.end.of MARCH! It is now July! They are either running on fumes or out of money. If there tech is in any way valuable it will be picked up for cheap in bankruptcy. In my opinion!

GO IMEXF

LMAO

https://stockhouse.com/companies/bullboard?symbol=c.ime&postid=31218085

/////AMG

Volume.and.tanking share.price.telle.me DILUTION COMING! In my opinion!

They gotta be broke by now!

Spent 1.8 million in Q2.Had 900K left March 31st

They spent more.last quarter than they have left! I actually could not myself find their earnings PR. Seems like bad news. In my opinion.

Imagin Medical(CSE:IME)Is Very Risky Based On.Its Cash Burn

https://simplywall.st/stocks/ca/healthcare/cse-ime/imagin-medical-shares/news/imagin-medical-cseime-is-very-risky-based-on-its-cash-burn/

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made losses for many years after listing, if you had bought and held the shares since 1999, you would have made a fortune. Nonetheless, only a fool would ignore the risk that a loss making company burns through its cash too quickly.

So, the natural question for Imagin Medical (CSE:IME) shareholders is whether they should be concerned by its rate of cash burn. For the purposes of this article, cash burn is the annual rate at which an unprofitable company spends cash to fund its growth; its negative free cash flow. The first step is to compare its cash burn with its cash reserves, to give us its ‘cash runway’.

See our latest analysis for Imagin Medical

How Long Is Imagin Medical’s Cash Runway?
A company’s cash runway is calculated by dividing its cash hoard by its cash burn. When Imagin Medical last reported its balance sheet in March 2020, it had zero debt and cash worth CA$904k. Looking at the last year, the company burnt through CA$5.5m. Therefore, from March 2020 it had roughly 2 months of cash runway. To be frank we are alarmed by how short that cash runway is! You can see how its cash balance has changed over time in the image below.

CNSX:IME Historical Debt June 1st 2020
CNSX:IME Historical Debt June 1st 2020
How Is Imagin Medical’s Cash Burn Changing Over Time?
Because Imagin Medical isn’t currently generating revenue, we consider it an early-stage business. Nonetheless, we can still examine its cash burn trajectory as part of our assessment of its cash burn situation. Over the last year its cash burn actually increased by 45%, which suggests that management are increasing investment in future growth, but not too quickly. However, the company’s true cash runway will therefore be shorter than suggested above, if spending continues to increase. Admittedly, we’re a bit cautious of Imagin Medical due to its lack of significant operating revenues. So we’d generally prefer stocks from this list of stocks that have analysts forecasting growth.

Can Imagin Medical Raise More Cash Easily?
Since its cash burn is moving in the wrong direction, Imagin Medical shareholders may wish to think ahead to when the company may need to raise more cash. Generally speaking, a listed business can raise new cash through issuing shares or taking on debt. Commonly, a business will sell new shares in itself to raise cash to drive growth. By looking at a company’s cash burn relative to its market capitalisation, we gain insight on how much shareholders would be diluted if the company needed to raise enough cash to cover another year’s cash burn.

Imagin Medical’s cash burn of CA$5.5m is about 77% of its CA$7.1m market capitalisation. That’s very high expenditure relative to the company’s size, suggesting it is an extremely high risk stock.

How Risky Is Imagin Medical’s Cash Burn Situation?
As you can probably tell by now, we’re rather concerned about Imagin Medical’s cash burn. Take, for example, its cash runway, which suggests the company may have difficulty funding itself, in the future. While not as bad as its cash runway, its increasing cash burn is also a concern, and considering everything mentioned above, we’re struggling to find much to be optimistic about. Its cash burn burn situation feels about as relaxing as riding your bicycle home in the rain without so much as a jumper. The need for more cash seems just around the corner, and any dilution is likely to be rather severe. On another note, we conducted an in-depth investigation of the company, and identified 5 warning signs for Imagin Medical (3 are a bit concerning!) that you should be aware of before investing here.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies insiders are buying, and this list of stocks growth stocks (according to analyst forecasts)

Love or hate this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com.

This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Thank you for reading.

This stock is still trading? Not for long in my opinion. They will be out of money soon.

Stock TANKED! FINISHED! Global crisis its over. SELL! In my opinion not cumming back anytime soon. Sold at bankruptcy seems likely.

I've always posted to more than one board.

Ever looked beyond the hub?

Got posts there as well.

It's 20/20 my friend.

Let the BS go.

F O C U S

/////AM GO!

After all of this time you are still here. WTF?

OUCH! MASSIVE dilution.Current shareholders.shares.are. worth less.DONE! This thing is JUNK! Competitors already have FDA approved solutions and STRONG market presence. Imagin has no market presence. In my opinion.

PRIVATE PLACEMENT- Raised $1,914,000 on the sales of 38,280,000 shares. Adding this to the $2.3 million we started the year with- the Imagin bank account is at about $ 4.2 million. This could see us through FDA Approval, especially if we get the least rigorous FDA human testing requirement. In addition, those 38,280,000 warrants are worth 15 cents each and can be redeemed for up to two years. But the PP’s fine print says that Imagin can shorten the redemption time to just 30 days if the share price hits and holds 25 cents for 10 continuous days. That’s a potential $5.7 million additional, maybe enough to fund product launch. I am thinking that a buyout candidate might like an acquisition that can pay its own way.

"sponsors of Streetwise Reports: Imagin Medical." JUNK! ROFLMAO!

https://www.globenewswire.com/news-release/2020/01/15/1970787/0/en/Streetwise-Reports-Publishes-Two-Analysts-See-Company-as-a-Buy-for-Game-Changing-Potential-in-Bladder-Cancer-Detection-and-Surgery.html

https://apple.news/A5QhLgteIQautiO2oVGHuag

People did. Some bought. Some sold.

That's how it works.

Then you have the special ones who simply trade commonsense for nonsense.

That must be how it works in the world of following bankruptcies.

You can have the board back now.

/////AMG

Shoulda sold the pop! This stinker is.going.down! FLUSH!

I'll take that as a non reply reply.

Isn't the motivation more about self-aggrandisement versus anything remotely related to $hares?

It's a hilarious schtick that requires a belief that TIME is not ones most valuable asset.

Think of all the BS time spent on well...BS.

Good Luck in 20/20 (see clearly) lil buddy.

/////AMG

MORE DILUTION! Not good for current shareholders! Their shares are worth less and less with every round of fund raising. Hope y'all sold the pop! These guys are clueless about the med biz. Take the money buy some Micky Ds and lets make these shareholders some money! In my opinion.

As if no one here has ever read that "advice" here? How bout stating @ what price does all the sub penny advice become a moot/mute point? There's real value in knowing that angle has run its course. Verses bashing all the way down then turning right around and bashing all the way up. Whose the true loser in that narrative? Hmmm

/////AMG

ALWAYS sell the pop! This things a stinker. In my opinion!

4.23 Million Shares Traded @ CSE

Roundup: 5.5 Million Shares Traded 1st 3 Sessions of 2020

Good Start

/////AMG

IMEXF- 1,237,203 shares bought in 2020 already

You may have missed that buyers have grabbed up 1,237,203 IMEXF shares already in the first three days of US trading in 2020. Today's close was .067, but traded as high as .0778 today.

CONFERENCE CALL Tues Jan 7

Imagin has scheduled a conference call for Tuesday, January 7,
2020, at 5:00 p.m. ET during which the results will be discussed.
Live Call: 844-602-0380 (Canada and the United States)
862-298-0970 (International)
Replay: 877-481-4010 (Canada and the United States)
Replay ID: 57013
The call will also be broadcast live and archived on the Company's website at
www.imaginmedical.com under "Events & Presentations."

It will be interesting to hear CEO Jim Hutchins' ideas about why IMEXF has experienced such a significant spike in buyer interest since the beginning of 2020. Tune in.

Tax.loss.selling could.get this POS down to 1c in.a.hurry! Get ahead of this sell your shares now! Its not looking good. The competitors are all established and have FDA approved working products that already do what IME "claims" to be able to do. They are done. The company needs to move on and invest their remaining funds in a POT, Blockchain or mining scheme OR fast food! In my opinion

.0281 pennies! Sub 1c here we come! In my opinion! These guys need to take their remaining funds and invest it in a string of car washes or a Taco Bell. Something that can make money for shareholders. They are clueless when it comes to the med biz. IMO!

.0359 today! Their.med biz.is DONE! They should use their remaining funds to buy a Micky Ds or a Pizza Hut franchise and finally make some money to return some value to the share holders! If their tech is worth anything it will be bought in bankruptcy after shareholders have lost all their money. Selling seems to be the best option now. Sad they simply could not execute or their tech does not work. Hard to tell which. In my opinion.

biotuesdays.com/



/////AMG

Now that the.medical supply.biz.had failed for IME-BLOCKCHAIN! I think if they put out a PR saying they were hiring blockchain consultants it could make the stock move up! The main companies in the biz like Stryker, Storz and Olympus already have market share and FDA APPROVED products that do what IME claims their product can do. No way IME can compete if their product even works. In my opinion.

Medical biz.FAIL! IME needs.2.go.2 pot,CBD, MINING! or blockchain imo. Their biz is dying they have no customers that I see so its time to change the biz model. I hope mgt reads the boards they need help! IMO

Imagin should be.smart like GRONK! CBD oil.its the future! Either that the Micky Ds franchise to earn some quick coin for their failing medical supply product biz or bitcoin! pot or mining! These losers need to try anything because they are failing big time as a business. They do not know how to make a buck. They need to try something else before they run out of money (some look very old so no worries 4 them!) In my opinion.

IME.should.try the bitcoin biz! BIG MONEY! Get.new.investors.BIGTIME!
The company could simply announce that they have hired blockchain "consultants" and I think the stock would take off! Then if they diversified with their remaining funds into McDonalds and Pizza Hut franchises they could finally make some profits to try to fund their medical supply biz which seems to be failing. Just thoughts for management! (they need help!) In my opinion.

IME would do better as a pot/CBD stock or a miner! Somebody should write the company and maybe get them to consider diversifying. The med biz does not seem to be working out. Maybe they should use some of the money they raised to buy a McDonalds and generate some revenue then diversify into other biz while working on the medical supply thing. Just trying to generate some ideas for the company to become successful! In my opinion.