Idle Media Inc (IDLM)

[Whiplash_Investor]

Stock options are at $.50 to $2.00. Clearly, whoever issued and accepted thought IDLM would be worth at least over $.50 with the same 60M shares they've had for as long as I can remember. If Frasier wanted to screw shareholders, he's screwing himself and his 40M shares. I can't name a single other penny that hasn't massively diluted over past 5 years. Frasier has only issued 5M, then clawed back 4M.

Maybe he sucks as CEO. Maybe he doesn't. Too hard to tell when he so quiet. He's also not pumping PRs out left and right. As a communicator with shareholders, he does suck in my opinion.

In any case, I'm leaving my money here. I don't need the money and sooner or later, I'll score a double. If it takes 6 more years, that's still a 7.2% interest rate and better than a bank.