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Microcap & Penny Stocks : IMXS is back and CLIMBING! -- Ignore unavailable to you. Want to Upgrade?

To: Bam who wrote (1291)	2/20/1999 4:23:00 PM
From: David Sirk	Respond to of 1303

DD ON IMXS sec.gov escription: The comapny owns and operates diagnostic imaging centers in N.Y. including Rome and Greenville. On Sept 25, Genesis Insurance and Financial Services (GIFS) obtained controlling interest in IMXS by purchasing 51% (10,000,000) of IMXS's outstanding shares at an exchange rate of 1 restricted (for two years) share of GIFS for each 6.25 shares of IMXS. GIFS would continue to purchase IMXS shares until Oct 1. The first 66% of shares received would be exchanged at the above rate and the rest of the shares submitted would be exchanged at a pro rata basis. People who submit their shares to be exchanged will receive 1/3 of their new GIFS shares up front and the remaining 2/3 will be given as IMXS's performance reaches certain milestones. GIFS is in the process of negotiating a $4 million equipment lease on behalf of IMXS, and they are also resolving a dispute between GECC and IMXS which is one of the main reasons why IMXS is not profitable. TELERADIOLOGY Through a teleradiology venture the Company shall provide electronic linkup through American Telemedicine International to all of its Centers, both in the United States and abroad, having the diagnostic images read via teleradiology directly at Massachusetts General Hospital under the auspices of the Company's consulting radiologist-physician and Harvard Medical School professor, Dr. Kenneth Davis. From what I can understand is that these Centers have been shut down. It seems like these folks had a REALLY good idea but were a bit ahead of there time.. Not to mention the fact that they were associated with a CROOKED company{ GIFS} who were at one point buying up shares of IMXS. Unless we get some more info on this one it looks like a PUMP DUMP scam to me!