A cautionary tale

The Dominion Volumetric Imaging Scanner by Imaging3 was supposed to be the first ever system that could produce a combination of 2D, 3D, and CT imagery in a single device, including live stream (fluorosocopy) - high quality 2D images in Continuous 2D Scan mode, high quality 3D images in Continuous 3D Scan mode, and Single 3D SafeScan mode.  The unique engineering design accomplished these capabilities while dramatically reducing exposure to radiation, and providing a small, mobile footprint for easy transport, all at a cost of about one third of existing CT devices.

Sounds and looks familiar?

It was all a scam.  

Here is the FDA rejection letter.  Some more details here, and the SEC complaint.

image source:  www.imaging3.com

Thanks to Fleipeg on Seeking Alpha for bringing it to my attention.