Idle Media Inc (IDLM)

[downthehatch]

The INTRO here has the bullish case- no need to repeat all the information that supports a MUCH higher valuation than what we see today.

Given the extremely low A/S, and the current price, IDLM is undervalued by a factor of at least 10X.

IDLM has a successful business model, a hugely popular website, as well as several other sites, and the only question is: When does the company start reporting again.

Given the settlement with the SEC, wherein the company promised to resume regular and accurate reporting, the clock is ticking. IDLM must begin filing reports at some point, or the SEC will be back knocking on their door.