Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Big hits over .004 and .005 how did this get back here
Any Short is faarked!!
You'll figure it out I'm sure. Cheers.
Mark out
Well well well, you finally decided to show up. Lol. Big day bro. Supreme court rules PASPA violates 10th amend.
Mark out
I’m on mobile, so not worth that hassle. oh well.
I've posted a ton of info for the past 6-9 months. You can back track.
Mark out
IDVC certainly is , in fact; over last year has entered Sports Betting sector pizz & vinegar !! Out
Do you have any links that would show any of the links/deals they’ve made? I’m 100% new here as of today, and I’d love to see who they’re working with now that sports betting is legal
Lol. That is so incorrect. SSE/IDVC has major partnership deals in place already with some of the biggest players in the game bro.
Mark out
The gambling industry dwarfs the legal pot industry bro. IDVC/SSE is a worldwide endeavor to boot!
Mark out
I like your perspective. this is as good as any pot runner ever was. massive gains about to happen in the coming days and weeks
looks like big accumulation to me!!!!!
im in this one... lookin great, made a new 5 year high today! break 0060 can run to .01 PENNYLAND!
from thehill.com..The case, which was paired with another challenge from the New Jersey Thoroughbred Horsemen’s Association, could pave the way for legalized sports betting in states across the country.
The American Gaming Association in a friend of the court brief argued a legal sports-betting industry could generate up to $26.6 billion in total economic impact every year and support more than 150,000 well-paying American jobs.
I have to agree.This opens the door to every state going forward. Huge news
I'm predicting that IDVC will rival any pot stock run that has ever happened. IDVC/SSE is legit!! Major partnerships already in place with some of the biggest players in the world!!!!!! Let that sink in a minute!!
Mark out
Yes you have. I posted the hill article yesterday which predicted this and overslept and woke up to this. Peeps should let this run to a quarter.
11/17 corporate update worth repeating......
http://www.idvc.us/Nov-24-2017-update.pdf
November 24, 2017
Dear Stakeholders,
This letter is being sent to all shareholders of Infrastructure Developments Corp.
(“IDVC or the “Company") to update you on current activities. We have received many
inquiries recently about our relationship with
SingleShot Entertainment, Inc., (“SSE”) and our
other business activities. I also notice divergent, misleading and even false information being
passed on by parties that are not affiliated with IDVC. I wish to clarify certain issues.
The Company has
not filed its annual report for full year 2016 on SEC Form 10K, nor
its reports for March, June and September 2017 quarters on SEC Form 10Q. The Company’s
auditor since 2011 was subject to investigation by the US SEC starting in the beginning of
2017, an
d was eventually banned from auditing US public companies in October 2017 by the
US Public Company Accounting Oversight Board (“PCAOB”). This investigation and sanction
caused the auditor to be unavailable and unable to audit and review the Company’s fina
ncial
statements since early 2017. The sanction by the PCAOB had nothing to do with the reported
financial statements by IDVC over the past years. It was a conclusion made on the processes
and methods of the auditing firm itself during audits of 4 differ
ent companies.
IDVC cannot publicly report its financial statements and activities until it retains a new
auditor to re
-
audit the 2015 financial statements and audit the 2016 and 2017 financials. We
are working on retaining a new firm to carry out thes
e audits and reviews. In the meantime,
the Company continues in good standing in Nevada, operating and accounting for its activities,
and still trades on the US OTCQX market under the symbol IDVC. There are no restrictions
on our business activities or m
edia disclosures.
IDVC does not owe any stock to any investors other than the 3 current board members.
We are aware of past relationships between one of IDVC’s investment partners and some of
our stockholders, and we are willing to assist if possible in
arranging stock to be delivered to a
few of our shareholders who are owed. A list of our admin staff and contact information is
included at the end of this letter.
In early 2017, IDVC entered into an MOU with SingleShot Entertainment, Inc.,
(“SSE”)
another Nevada company. The basis of the MOU is a license agreement whereby
IDVC will handle a significant share of the global marketing and distribution of products owned
by SSE, in return for a percentage of revenue from such distribution. Two of the
3 board
members of IDVC occupy 2 of the 5 seats on the board of SSE, as a condition of the MOU. On
closing of a formal agreement between IDVC and SSE, an amount of 200,000,000 shares of
IDVC common stock will be issued to SSE to “pay for” the global licen
se. Conditions for
closing are IDVC being up to date on its public disclosures to the SEC, and SSE being in
position to generate revenue from sale of its products. Both conditions are expected to be
precedent by March 2017. There will be no merger of ID
VC and SSE, nor common control
and consolidation. The SSE business model is far too large and scalable to be vended into a
small OTC public shell.
SSE management and staff have no involvement in any relationship between IDVC
and its stockholders, and wi
ll not respond to inquiries regarding IDVC stock sent to SSE.
I bought 3 times at 0046. can't get enough of this one!
Big bidders coming in get ready for next leg up IDVC
Yea I been on this whole Supreme Court thing for a while now. Best possible outcome by the court. This is unbelievable!!!
Mark out
Hummm what do we have here. Looking good. I'm buying in now.
pennies from heaven, on their way!
Trading 100% above 3 year highs BLUE SKY BREAKOUT IDVC
Weird, I’m up 187%
Thank you for buying my shares and letting me out of this thing! Finally! Got most of my money back.
Court found that PASPA violates 10th amendment. Didn't think they'd rule on constitutional grounds. BEST! possible ruling to have for sure. The flood gates have just flew wide open bro.
Mark out
OUTSTANDING! Thank you MARK for helping me stay in this thing!
lets see now if the years waiting will payoff...
Cheers M8!
Very Nice Mark. Thanks for you inputs here.
I’m on mobile so I can’t see the info box - can anyone tell me about the shareholder updates??
It's Game ON BRO!!!!!!!!!!!!!!!!!!!!
Mark out
YES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
What does IDVC have to do with sports gambling??
Authorized 3,000,000,000 Common shares $0.001 par value
Issued 1,186,194,524 shares
Link > https://backend.otcmarkets.com/otcapi/company/sec-filings/11956390/content/html
http://thehill.com/regulation/court-battles/387352-five-rulings-to-watch-at-the-supreme-court
Sports betting
Former New Jersey Gov. Chris Christie (R) could get a major win if the court sides with a challenge his state brought challenging a 1992 federal law that bans sports gambling in almost every state except Nevada. During arguments, the justices appeared skeptical of the law.
“So the citizens of the state of New Jersey are bound to obey a law that the state doesn't want but that the federal government compels the state to have?” Justice Anthony Kennedy asked. “That seems commandeering.”
Major sports leagues, including the NCAA, NBA, NHL and NFL, argue the law should be upheld.
The case, which was paired with another challenge from the New Jersey Thoroughbred Horsemen’s Association, could pave the way for legalized sports betting in states across the country.
The American Gaming Association in a friend of the court brief argued a legal sports-betting industry could generate up to $26.6 billion in total economic impact every year and support more than 150,000 well-paying American jobs.
Getting wacked a little today ahead of a possible Monday Supreme Court decision on Sports Gambling. Seems to be a bit of a wall right in this area but we'll see how things unfold after that court ruling.
Mark out
Explore if you want. It's always a possibility that the court will uphold the merits of PASPA. But most experts think that is only about a 10% chance that they will do that. Highly unlikely as well that the court rules strictly on constitution grounds so it's most likely somewhere in between which will probably be very good for states and the gambling world how every you slice and dice it. Keep in mind IDVC/SSE is a worldwide endeavor and should do very well no matter the outcome of things here in the US
Mark out
Question- Should we not explore the possibility of a negative ruling from the court. They do surprise people from time to time. Then how would IDVC proceed? We have not gotten an update in awhile, granted they said after the ruling. But we have been a part a few deals over the years that came to nothing- Just saying there is a chance the court could be a surprise... Don't forget they can also give out partial defeats and wins depending on how Lawyers perceive the rulings..
We are on the verge of a Monster industry opening up to us here @ IDVC/SSE!!! Now you're getting it.
Mark out
Semi-OT. What the Supreme Court's Sports Betting Decision Means for FanDuel's Business.
https://www.yahoo.com/finance/news/supreme-court-apos-sports-betting-143402346.html
All eyes are on New Jersey.
Any day now, the Supreme Court is expected to decide if the state can legalize sports betting. The court is deliberating on NCAA vs. Christie, a New Jersey case that could invalidate the Professional and Amateur Sports Protection Act, a 1992 law that bans sports betting in most states.
If the court rules in favor of the state of New Jersey, it’s likely there will be a massive chain reaction set off in state houses across the nation, allowing them to set their own policies on sports gambling. Annually, illegal sports betting amounts to an approximately $150 billion industry.
This is huge news for daily fantasy sports companies like FanDuel and DraftKings, as sports gambling could account for a big chunk of their business. Ironically enough, both companies have long argued that daily fantasy sports, in which users can win cash prizes in exchange for cash entry fees, is legal because it’s technically a game of skill, not a game of chance.
Term Sheet caught up with new FanDuel CEO Matt King to get his thoughts on the potentially historic ruling and how the company is faring after its failed merger with DraftKings. (Quick recap: DraftKings’ merger with rival FanDuel last summer unraveled over antitrust concerns, which means both companies are operating as competitors — again. I played a bizarre game of basketball with the DraftKings exec team to try and understand this. ??)
King now faces the daunting task of not only proving that the business model is sustainable, but also that the industry can support two companies offering virtually identical products and services. King, who served as FanDuel’s CFO from 2014 to 2016, returned to the company as CEO six months ago to replace former chief executive Nigel Eccles.
FanDuel declined to comment on specifics around the company’s marketing spend and its exact daily active user numbers, but noted that revenue is up 10% year over year, active users are up 20%, and active users in the new free-to-play contests are up 60%. Here’s a glimpse of what King hopes to accomplish during his tenure:
On what he plans to prioritize as CEO: “I’ve re-focused the business on product-driven growth versus marketing-driven growth. I think it’s fair to say that if you look at daily fantasy sports as an industry, I don’t think we’ve innovated the product enough. You look at what our product was like in 2009 when we launched, what DraftKings’ products looked like when they launched in 2012, and when you look at those products today, there’s not enough change.
A lot of the focus in the category has gone into marketing, which users love, but the product wasn’t evolving. So what we’ve done is focused the organization from a strategy and resources perspective in driving product growth. Marketing will always be a core part of what we do, but that marketing should serve to enhance the product itself as opposed to it being the only way we drive user growth. That’s probably the biggest change I’ve made.”
On product changes: “We’ve probably released more new features and more new game types in the last six months than you’ve seen in the entire industry over the last two years. It’s a reframing of how we think of ourselves as a business. One of the beauties of being in a sports business is that there are about 15 big sporting events throughout the year, like the Super Bowl, the Kentucky Derby, March Madness. There’s this natural interest that’s relatively predictable each year. The reality was that we as a business were only relevant at about 4 or 5 of those 15 sporting events. So we started a product roadmap of starting new games and features that make us relevant throughout the sporting calendar.
On user growth: “The number of registered users we have is growing dramatically. People are engaging at different times of the year, and we’re accessing a broader audience out there. Users are up double digits from last year, and we’re seeing more users on the site. A number of users that we had lost have also come back.”
On new crypto prize offerings: “On the crypto side, we’ve recognized that a lot of what people play for is really around the fundamental competition dynamic. People just like to compete for stuff. They like to win. Given what’s going on in the crypto world, there’s definitely a segment of users that was very, very interested in crypto. By offering crypto as a prize, we were able to tap into something they wanted to compete for. It was a huge success for us, and there was a ton of interest.”
On what he anticipates will come out of Supreme Court ruling: “I would not venture to give you a view. All I know is that a decision has been made. It’s sitting there in an envelope somewhere, and frankly, we’re excited about the future whatever the decision is.”
On what it means for FanDuel if the court moves to legalize sports betting: “It would mean we would get into sports betting. This business is around fan engagement and helping fans feel closer to the things they like, and clearly sports betting is one way to help people to do that. So it would be very logical for us to get into it. We have some ideas of how to make that experience better and ones that we feel will resonate with our users. We think we’re uniquely positioned to fulfill that market demand.”
… And if it doesn’t: “And if it doesn’t, we’ve still got a robust roadmap of stuff without sports betting. So we’re excited about all the things we’ll launch from a product perspective, and 95% of that will be relevant no matter what happens with the Supreme Court.”
On regulation and expanding into new markets: “We’ve always looked to operate in markets where we believe we’re legal. We’ve embraced regulation. In a world not dissimilar from Uber and Airbnb where you’re creating a new market, it can be hard to know where the boundaries are. Consequently, we’ve always taken a more conservative approach to the point where we deliberately didn’t innovate in certain areas because we weren’t sure if it would be deemed acceptable.”
On how it plans to differentiate from DraftKings post-failed merger: “At the core, we want to differentiate based on simplicity. We’ve always tried to adopt an approach focused on the casual fan. To me, simplicity is the key of turning this into a business that has several million paid active users to one that has 10 to 15 million paid active users.
We need game formats that are appealing to someone who may have just 5 or 10 minutes. Frankly, one of the biggest reasons people don’t play or stop playing is that they don’t feel they have the time to do the research. We, as a category, got too obsessed with monetizing our users in the short-term and that came at the expense of building great product that every level fan can enjoy.”
This article originally ran in Term Sheet, Fortune’s newsletter about deals and dealmakers. Sign up here.
Looks like it. Bid starting to stack up pretty good also. Every Monday (except Memorial Day-Tuesday instead) from here on out will be court date for opinions. Which opinions will be out on what day, nobody knows.
Mark out
Followers
|
158
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
15950
|
Created
|
10/10/10
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |