In Ovations Holdings Inc. (INOH)

[Peggy]

First of all, this is a manipulated piece of penny garbage that will never accomplish anything it claims to be doing. Real companies, unlike INOH, increase in value because of sales and, egads, profits. INOH has never had any of those and never will. Currently they are touting 40 year old technology that has been proven to be ineffective. Patents secured decades ago by the esteemed Dr. Ehrlich who is fast approaching 90 years old.

Instead the obvious and ongoing business plan is hyping the future with a series of claims about new business ventures all of which hide behind forward looking statements. That's basically a company saying "we have patents, we have agreements and we have huge profits ahead." Of course when these claims don't pan out the company simply releases more forward looking garbage that will never happen. Occasionally the company will release some sort of bogus explanation as to why. INOH simply ignores the shareholders and creates more bogus claims. Take a look at the "nope list" that summarizes all the many bogus claims made by this company. What we are seeing now is a continuation of this fairy tale.

Technical Analysis is not an exact science even in the the best of times in the more established markets. For garbage heaps like INOH TA is utterly worthless and nonsense.

A company like INOH releases PRs (once in a blue moon), alerts and pays for the stock to be promoted for one reason and one reason only ... to increase and sustain volume. This to enable insiders to dump their many millions of zero cost basis shares. It's pure profit for the insiders. If the hype causes the pps to increase that's a bonus for the insiders and a trap for the typical shareholder. That 600 million share "buyback" is a case in point. First of all there is not financial evidence that it was a buyback to begin with. And, of course, the company promptly diluted this pile way more than 600 million shares. Eventually the company will get around to reporting this. And by gagging the TA this is hidden from view for as long as possible.

Every single share sold by insiders is pure profit for them. When they run out they simply award themselves more free shares. Insiders always win ... shareholders always lose.