IMGX, currently $3.50 Message Board

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Microcap & Penny Stocks : IMGX, currently $3.50

IMGX 0.0001000

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Oct 28 5:00 PM EST

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To: Green 6 who wrote (413)	9/28/1997 3:41:00 PM
From: Michael Sphar	of 665

Tough question, and perhaps I am not very qualified to answer: This company has had a long-term profitability problem. It only recently turned to debt financing. Hopefully they have a sales plan that will eliminate this in the near future. I doubt that SYBS which has been having its own problems recently would be much inclined to add the cost and risk of supporting a small unprofitable company trying to establish a position in a competitive market downstream from SYBS's business. Certainly the debt financing can be viewed as a two-edged sword. It is definitely dilutive, but its also a carrot/stick inducement to produce what all us small investors have been hoping for, increases in sales and profits. Hopefully a professional investment corporation will have more effective means to help guide management in that direction.

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