InvestorsHub Logo
Followers 403
Posts 57810
Boards Moderated 18
Alias Born 05/01/2010

Re: Peggy post# 43671

Monday, 12/05/2016 11:34:09 AM

Monday, December 05, 2016 11:34:09 AM

Post# of 66405
It's been a year since INOH lost its bid. Since then Goldberg has made two moves:

1. March, 2016: "Updates Coming" posted on INOH facebook page. This generated almost 1/2 billion in P&D volume, yet INOH stayed with no bid.
Result: INOH never regained a bid due to the massive dilution from block positions.

2. May, 2016: INOH filed for a 1:1500 Reverse Split with the SOS.
Result: Can't get approval past FINRA.

Traders Beware - INOH is a chronicled failure.