I bought $19,800 of IMI shares at $0.001 mainly because 1. its price crashed from $0.07 to $0.001 which means all of value is gone since GFC and incapability of its old board. It just has two options since then: closing the door or reborn painfully. The pains have been paid by all of its old shareholders in my view. If it could not close the door, any new big shareholder has to change it completely! How? By then no one knew! 2. the event that Melbourne Special Imaging were taken over by IMI before Aug 2010. After reading all of relevant announcement I do feel it was an even of reverse taking over of IMI by MSI which needed the shell to list in the market. with the alert that I could lose all and so I locked enough profit to cover the possible loss and rebalance my portfolio by the selling of FMS, SSN, and other winners in my dirty-cheap fish portfolio. Since then IMI price crashed again. No hope and no one knows what happen to it. But the resign of some directors told us some conflict, very seriously, about the IMI future, has happened. Market dislikes the uncertainties even all of great or bad things brewed in private first. The selling on the fire is very logic in the market. However most of market players around it forget one fundamental point: its new shareholder with more than 50% ownership would not give up to fight until his last second. Do wonder is he a type of investor or business with deep understanding of the market and business? Reading about Melbourne Special Imaging give me the feeling he should be. Yesterday it announced new director who hold more than 50% of IMI. Today it announced a major shareholder ask a meeting to remove all of the old directors, the specialists to make money for themselves but destroy the company asset completely. I am very happy to hear these two announcement. I am happy since it is the logic development from the company-saving takeover. I am happy since it just happens when it should since the new major shareholder has had to sort out his mind first. If I were the major shareholder I would do the same things. I would not worry how the share price was affected by the delay of qtr report but I would not let IMI die since if its death would means my completely failure. I am happy I paid less than all of the new major shareholders by taking the same risks. If IMI could not close the door, it could make a life turning point for me. Money is in the risk if we could afford to lose all. Could this major shareholder make IMI reborn or could IMI be a valley of death of a very successful professional and businessman? I don't know but the first step is in the sight and it is great event to all of new shareholders of IMI. We don't have the pains of the past and then we could expect better future. Do hope this new major shareholder could be successful!