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Microcap & Penny Stocks : IMGX, currently $3.50
IMGX 0.00010000.0%Oct 28 4:00 PM EDT

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To: Jay Morrison who wrote (604)2/20/1998 1:41:00 PM
From: John Morelli   of 665
 
Was the subject of share ownership touched on i.e., are they buying (I assume not)?

From your comments I infer that IMGX will not break even in Q1 or Q2? I wonder how their first quarter sales projection ($7.5MM) compares to Q1 1997 - hopefully it is 20% above (I don't have their quarterly numbers with me as I write this).

Did they mention whether they are going to do anything to promote the company among select institutional investors?

I think their financial institution customer was American Express if I recall correctly. The FI market should be big I would have thought they would have a few more prospects by now.
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