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Microcap & Penny Stocks : IMGX, currently $3.50
IMGX 0.00010000.0%Oct 28 5:00 PM EST

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To: John T. Hardee who wrote (574)1/6/1998 7:41:00 PM
From: Jay Morrison   of 665
 
I liked the release even though it wasn't really news. Jim Leto said that it was the final phase of the company restructuring. I hope that means that we will now see sales.

The elimination of the cash dividend and the accrual was also important. As I understand it, that $1.3 million in liability removed helps them maintain the NASDAQ asset level needed to stay publicly traded.

Does anyone know the date that earnings will be released yet? If they have a good quarter to report they should do it ASAP.

Jay
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