Ann: Notice of General Meeting/Proxy Form, page-2

The IMI Board has no plan (unless they are holding something from shareholders) with this fundraiser OTHER THAN to pay off $380k odd to a lender and to set the balance of the funds aside for Directors fees and rent.

Going on the recent history of the Board, shareholders will be further diluted in 12 months time (or less) when they go chasing another "couple a hundred" to continue to pay Directors fees and rent.

Over the past year or two the Board has entered into costly agreements with at least 3 reverse takeover prospects only to end the agreements because the other party has not delivered their side of the agreement. How are these "prospects" being vetted before the cash outlays?

If the Board has a new REAL prospect for takeover (reverse or otherwise) it should come clean now otherwise the circus and feed trough continues.

I will not be buying any new shares in this company.