Optimum Mobile Imaging Rallies as Positive Solutions Goes Solo (ICBU)

The stock of Optimum Mobile Imaging (OTC: ICBU) staged a respectable rally today after announcing that the company’s subsidiary, Positive Solutions, is going solo. Opening at a share price of $0.085, the stock rose significantly between 11:00 a.m. and 1:00 p.m. The stock rose higher just before the session ended, and eventually traded at $0.108 per share, or 27.1% higher than its previous close.

After today’s rally, Optimum Mobile Imaging now has a total gain of 163.4% in share price since the start of 2012. The stock soared a couple of times during June, posting an annual high of $0.28 in share price on June 13, 2012.

Today, August 14, 2012, Optimum Mobile Imaging announced that Positive Solutions will start to operate independently, effective in the 3rd quarter of 2012. Positive Solutions will continue to mainly focus on the adult and pediatric wellness and weight loss industries, along with its current portfolio of associated technologies, products and programs.

In the same press release, Optimum Mobile Imaging also informed the public that it will extend the record period for shareholders regarding the participation in the pro-rata distribution of the shares that Optimum Mobile Imaging received from Positive Solutions. This news announcement is related to the company’s previously issued press releases:

  • August 6, 2012: The Board of Directors of Optimum Mobile Imaging approved a payout to all shareholders of a portion of the 30 million shares that the company received from Positive Solutions last week.
  • August 2, 2012: Positive Solutions Clinics, the subsidiary of Optimum Mobile Imaging encompassing the adult and pediatric weight loss and wellness centers, as well as the supplement divisions, issued 30 million shares of common stock to Optimum Mobile Imaging.

There are nine results found on stockpromoters.com regarding the promotion of Optimum Mobile Imaging. All of the promotions were from August 6, 2012. The most notable promotion was from Epic Stock Picks, which was compensated $24,000. On Twitter, @pennystock24 noted that Punter Stock Picks promoted Optimum Mobile Imaging in July.

Optimum Mobile Imaging was formerly known as iMD Companies. The company was incorporated in 1993. Optimum Mobile Imaging focuses on products and services in the health, fitness and medical diagnostics services markets. The company provides mobile ultrasound imaging services. It also provides echocardiography and vascular ultrasound services, including carotid, arterial with ABI and venous duplex ultrasound.

In February 2011, Optimum Mobile Imaging completed the acquisition of Integrated Medical Diagnostics. In August 2011, the company acquired Botanical Sciences.

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Published by Fiona Gibson

Fiona is a finance graduate and an expert in analyzing market trends.