Well, here is a signed agreement back in 1998 when they were dumber I guess. Note that immediate revenues were promised by the President, Linda Grable.
Imaging Diagnostic Signs OEM Agreement With Imation (3M)
FORT LAUDERDALE, Fla., Jan. 21 /PRNewswire/ -- Imaging Diagnostic Systems, Inc. (OTC Bulletin Board: IMDS) announced today that it has signed an OEM purchase agreement with Imation Corporation (NYSE: IMN), a $2.3 billion worldwide leader in the imaging and information industry. Imation is borne of 3M's imaging businesses and has a market presence in more than 60 countries. Imation operates 17 manufacturing, research and distribution facilities.
This OEM agreement positions Imaging Diagnostic Systems to market and partner its revolutionary CT Laser Mammography device with Imation's DRY FILM technology described as "the most rapidly adopted system in the history of Medical Laser Imaging." The DRY FILM technology produce by Imation will provide IDSI's end users with the most efficient, economical, and ecological product line in the medical industry.
In addition, Imaging Diagnostic Systems will immediately begin to market this DRY FILM technology through its existing distributor network internationally and domestically, through its own marketing efforts. "This relationship can provide immediate revenues as well as generate additional revenues when packaged with the CTLM," stated Linda B. Grable
Alas, stockholders duped again. |
