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Well, it looks like Mr Morris has been selling quite a few shares to finance his loan? The good news is that another company purchased 7m shares on Dec 1st so they've got faith. Still no news on financing in the RNS. Not sure why the price has dropped today as I got up a little late.

That's why I reckon news is due this month on additional financing or whatever they are working on. Otherwise, like you say, it's going down to the point at which they run out of money.

They are due to draw down the rest of their loan by Dec 31st so will more than likely announce financing this month or at very least will say they've successfully taken the rest of the money.

Massive buy of one share at 4.15 It's a secret code to open tomorrow at 10p.

I suppose some stop losses may have been triggered yesterday due to the large drop. I'll take the 19p target please.

500,000 at 4p from 10:38 shown as delayed trade at 11:19. That should clear a chunk of the cheapo shares they took from people yesterday.

10:31GMT 11June2009-imJack up as Daniel Stewart says 'buy' --------------------------------------------------------- Shares in imJack are 2.8 percent higher, as Daniel Stewart initiates coverage on the provider of secure interactive web-based services to UK schools, with a 'buy' rating and 19 pence target price. 'By Sep09 imJack should address 900 schools, 3.9 percent of the UK total, providing web-based interactivity for pupils, teachers and parents in a single, secure platform,' says the broker. Daniel Stewart says it estimates imJack to be implemented in 7.7 percent of UK schools by 2010, when it forecasts the company should be close to breakeven, and 17 percent by 2013. Reuters Messaging rm://david.brett.reuters.com@reuters.net

Shares in AIM-quoted digital networking business imJack halved after it said that it required further funds. It will draw down the £500,000 loan facility from its chairman by the end of December. The company plans to raise money before the end of January 2010 and it will need the cash to continue trading I suppose the MM's saw this as an opportunity to price the company as if it's going to go bust whereas in all likelihood they will get further funding although I can't see them bothering with shareholders with the current price. It's not exactly news either. Wait for the announcement about fundraising and whoosh!

It also says they can still give them the option if the target looks to be met soon after the date or give them a smaller option by March and also that they agree not to sell them for 12 months so even better for the share price. I too am amazed that anyone would sell now. Buy high, sell low?? May as well hold on for a rise back and buy more to average down. Got to have some faith unless you know something the rest of us don't. Analysts say it's a strong buy and I don't see what's changed in the last month or so in terms of public news.

Of course, they were hoping to get a bonus and some lovely cheap 7p shares. The 4,000 target was scuppered as the flu pandemic didn't really happen. I wonder what they make of their 7p option now that the share price is 4p??? It's all rather strange if you ask me & I'd have thought they'd just buy a load of shares at the current price instead. Nothing in the latest RNS explains the price drop.

It wouldn't have dropped that much due to the small dillution. I also think the latest RNS stated that they had missed the rollout target. The drop was based on very small volume. I don't know what's going on unless it's the MM's taking advantage of what they saw as bad news and people selling their shares for peanuts as they dropped the price sharply on purpose.

Ticked up to 4.5p on L2 book. I think these prices shown against posts are delayed.

I'm amazed at the price drop so got some as a newbie investor. Looks like a bargain. Hope so anyway. Your trade may be on Plus.

Why would you say that after saying you were holding this morning? Sellers are being taken for a ride as usual.

50,000 at 60p. That's more like it.

More good news and 7.8% down from close, 17.4% down from open! Looks like it gapped up so far that a load of people ran away with their instant profits. Can't blame them really. MM's being greedy or people paying too much first thing? Should settle down and hopefully climb back today to at least 58p again.

http://www.hemscott.com/companies/company-summary.do?companyId=4164 I still reckon this should be 50p+. Lack of interest due to lack of firm news or broker comments.

Looks like there's some activity this morning. A little solid news would be nice!

Because they just rejected it

Do we get a 300% rise then!!