Pro Traders Forum

[SuperC]

re: IBDI.0018 Up 125% HOD >>> Further DD

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60514646&txt2find=ibdi

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60556647&txt2find=ibdi


What makes today's trading unique is that it was LIGHT>>> 243k today verses 543k over the past 10days and Up 125%.

But brother superc you told us the 10Day thingy was just the opposite? <humor me> lol

It's like this... when you look back and notice suttle changes, then a huge 10Day mentioned above, then a stock rises on 1/2 the average 10Day volume and up 125%.

That tells me a huge shift has begun.

On Dec 29th A/D was a negative -125k

From Dec 31st at a positive +1.4mil
to
Jan 7th with a positive +4.5mil total A/D
it remained with a steady flow of +A/D until COB today with 5.1mil total accumulation.

Or course dependent upon the type of software you use, variances will occur, but the true test is if it bumps the .002 and runs solidly through it. The 52wk high is .0039

Check out the board, DD all, everything you can, then make an informed decision.

Always check to see if there are current promo's on OTCBB/Pinks.

GOOG 'stock promo' for example.

Showing 109mil Shares Outstanding, not sure if this is up to date, DD!.


" Wednesday, March 09, 2011 8:38:22 PM
That's all so long ago I'm not sure it matters anymore, especially since IBDI closed up shop. The hope is that CMI has the shares, and want to do something with them to get some of their money back. But they've probably sold the "cel art" mentioned below to get their money. From the last 10q in 12/2007:

Interactive Brand Development, Inc. (“IBD”, “the Company” or “the Corporation”), a Delaware corporation, has discontinued its operations following a judgment against it by CMI II, LLC (CMI), an affiliate of Castlerigg Master Investments Limited and a holder of shares of IBD’s Series F Convertible Redeemable Secured Preferred stock (Series F Stock). The judgment was granted on August 15, 2007 for $7 million. CMI brought suit against IBD and its wholly owned direct and indirect subsidiaries, Media Billing Company, LLC (Media Billing) and iBill, in the Supreme Court of the State of New York, New York County for damages arising out of alleged breaches (i) by IBD of various provisions of a Subscription Agreement pursuant to which CMI purchased the Series F Stock, (ii) by IBD of the IBD Certificate of Designation of Preferences and Rights of the Series F Stock, and (iii) by Media Billing and iBill of an Unconditional and Irrevocable Guaranty to guaranty both the payment and performance of all of IBD’s obligations to CMI. CMI also seeks redemption of the Series F Stock.

Additionally, the Company’s cel art, a significant asset, has been foreclosed upon by Note Holders that had filed Uniform Commercial Code statements in 2004, collateralizing their loans with the cel art. This resulted in a $6,531,750 loss."


Trade Well $$$ Trade Often


SuperC