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Microcap & Penny Stocks : IMDS nasdaq bulletin board

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To: Michael Reilly who wrote (71)1/31/1997 10:29:00 PM
From: asb   of 4122
 
newbie question.
I was wondering what made this stock sell at its current price. Is it the fact that it has not yet passed fda aproval? that the company is not making profit? (i thought i heard somebody say that this company was selling overseas, true ? ) or is it so inexpensive becouse there is a large amount of stocks?

Just concerned that a stock that looks this good on the medium to long run is selling for under 3$. wheres the catch :)
luck.
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