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At 0.001 this has a 25K$ market cap, I've never seen a such low market cap (except for bankrupt or halted stocks like CSHD). I believe that a minimum of 100K$ market cap (0.004) must be considered. Triple zeroes are higly unlikely imo.
Anyone care to predict how low this could go due to tax selling? Could we see triple zeros? I'd like to average down at some point. TIA
I agree. That's the most likely scenario.
I think at this point that there was no deal at all that time... he only moved the shell in a more public company friendlier state to make the shell more interesting.
Anyway being currently at 180K$ market cap for a clean shell this has a great growth potential.
the deal probably fell thru after the name change.
I added today.
I'm expecting some more selling off based on the tax season.
Me too...it cost him time & money to do it...one would think
he would want to recoup the $ & pay himself for the time...???
Some selling off today.
Still can't believe Kip went to the bother of changing the name of the company and didn't follow through with the sale of the shell.
GM
useless.. wont return anything
Does anyone try and get in touch with Kip anymore or has evryone given up on that idea based on his lack of response via phone or e-mail ?
GM
I needed a good laugh -- Thanks
Been holding since Dec 06 and agree good things will come in time.
Aggieboy
Look at this chart--ITRM is giving us the finger! LOL Go to the link and click on "1m"
http://investorshub.advfn.com/boards/quotes.asp?ticker=itrm
Seriously, I really think this one will fly with any whisper of news.
With no news other than rumors it can go as high as 0.1, but if a real reverse merger does happen then it may go much higher (usually company go higher than a 10M$ market cap, which would be 0.4$ a share for ITRM).
Copy that u-p-b...
Tick Tock...
too low now to sell, might as well wait it out. when it goes we've already seen at least how high it can go. $.09+++ IMO
I guess I should've said another year. I can wait also...
not that there's an alternative...lol.
He did get his ducks all lined up tho. New paint job...new
carpeting...new cabinets...put the sign out in the yard...
FOR SALE...By Owner...s
I can wait a year. I've put this on the backbackback burner on extra low. I have still been doing occasional internet searches to find out anything new. So far, nothing.
Yep...I wouldn't hold my breath for any updates. He is one
tight lipped individual. It's "all or none" for info.
Guess the name change was just a head fake. How it fits into
the whole scheme of things is speculation...no one knows.
Everyone must now assume the "mushroom position" and wait.
What the hell...what's another year...lol.
Guess this thing's pretty much dead cash until Kip gets off his butt and decides to inform his stockholders of anything.
Seems to be the popular consensus...thanks.
I concur with that thought. Here is the link to Nevada Secretary of State. Copy paste into your browser
https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=1p40F0SnPotLYKh41hNWTg%253d%253d
At this point I've no idea at all... it could either be for a reverse merger in the making, or for moving the shell to a country more public companies friendly, ie. more teasing for companies that are looking for a shell to buy.
davidam...why do you think the name was changed...
and shell registered in Nevada?
gryfus...your comment would also be appreciated.
TIA...
I agree and I like having a shell like this in the portfolio. May be a long wait certainly wont concern with the day to day
The good things about this shell are that they are not pumping, nor diluting, they are clean (they even have a cpa and release a balance sheet every year) and they currently have a very low market cap of just 250K$ (I don't think it can go much lower than this). It's only a matter of waiting, and it's a matter of dead funds until the next move.
A shell like FCCN went as high as a 30M$ market cap while merging with a company which is discovered to be nearly bankrupt... LFZA/USSE went as high as a 700M$ market cap (that would only be a dream).
This is a good looking shell no doubt about that. But with no merger in site its something to have some shares of and put away under the pillow. Oneday it will wake up. I personally will buy this but only at sub penny prices unless material evidence surfaces of a merger
Ever think you have been led a merry dance over the last year, which is about the length of time I have held my shares, considering there was suppose to be merger in the making way back when.
I must admit when the name change took place I thought the merger must have been completed but that does not seem to be the case and no one can get in touch with Kip to get any sort of update so we wait again. Oh Joy.
gm
It's dead money getting deader. We're now sub-penny. Kip Eardley said he was looking to merge with a company producing $10-30 million in revenues. Instead we got a ticker symbol change. We know how that benefited us, but how did it benefit him other than to cover old METP tracks?
Stay tuned and we'll find out. Some day. Maybe.
i know, all i was saying that probably nothing's gonna happen for a long time (again)...therefore it's dead money 2 me...nothing more nothing less
Good analogy, except I think this one has much better odds than a lottery ticket. Especially since there was no dilution or selling by Kip. Why would he go through the bother if it didn't bring HIM advantage?
mooose88...you bought a lottery ticket, that's all... If you treated it as anything more than that, then you made a big mistake, IMO. Hang in there...we don't know when the drawing will be or if we have a winning ticket!!!!
It's typical MM games when they are running out of shares on this low floaters nano cap. It's a good sign that the bottom is near this level.
very interesting!! I put a buy in at the ask .011, They immediatly change the bid/ask to .01 .015 with some 5000 buy that isnt mine hmmm
lol moose.. you dont play alot of shells do you?
I'm sitting on a lot of "dead money" and I'm very happy about it if you can believe it. I own a lot of shells and believe me, when one pops it pays for all of the "dead money" and then some. For me, the trick is not putting all of my eggs into one basket. I like to shop around, and this one is on my list because it seems like the PPS is slowly creeping towards bottom again. IMO, it will probably continue to go down, but I also think that it will have a nice pop again. That may not be tomorrow, or next week, or next month even, but you never know....so I wait.
I wish you the best of luck. I hope that this one turns out to be a nice one for all of us mooose88. Hopefully there will be some news about a merger sooner than later.
Did Kip made money from last run? Nope.
Did Kip told us false and misleading informations? Nope.
A clean pink shell is worth at least 250K$, so 0.01 is the right price for a shell. Of course I really hoped that the name change would imply that the awaited RM happened, but anyway I bought this as a shell and not as a new company.
Like with every shell, money put here is dead money until something happens. But that's the shall game after all.
You're sitting on dead money now, but hey if you wanna wait till eternity be my guest...GLTY
I bought a little today and I'll probably pick up a little more soon if/when it drops sub-penny. I don't feel screwed at all.
i guess you know who
Fooled by whom and screwed by whom?
Subpenny tomorrow & TZ next month...fooled & screwed
All I'm saying is it's a good idea to change the name so new investors won't find a bunch of old news and a company that died... GEESUS!!!! LOL!!!
FYI, I talked to the CPA on Friday. They did the audit for this past year and aren't due to do another one until this year is over. They could not disclose any other information. They aren't in any "loop", they just keep the audits up to date.
Kip bought this shell long after that. Old news.
But you are talking about a news of the prior company 10 years ago! It was clear that it became a shell after that.
That may have been the main reason--to start fresh with well-covered tracks. Some small solace and hope can be taken from that alone I suppose.
We've all seen a lot of other pink 'pump and dumps' just go kaput without any name changes. Some stay as shells for years. AGRS comes to mind. It was a sleazy pump and dump run by some dubious characters until it was discovered the company owner had DIED. The stock price deflated like a bad soufflé to .000something, but I think the widow kept the shell going. It even had a run-up to 6 cents a year ago out of the blue and for no apparent reason.
Montanore...we'll just have to wait and see how the new company looks. The only point I was making, the previous company was obviously unsuccessful so why keep the name...
Almost all pinks are considered 'pump and dumps' by many.
As for Intermountain, it appears that intermountainventures.com was registered by someone a while back. So maybe there are plans for a company website with that domain name. We can only hope that there are intentions of making this a 'real' company and not just a shell with a name change. On the other hand, this may not be same company (and the site won't load regardless).
Registrant:
Domains by Proxy, Inc.
DomainsByProxy.com
15111 N. Hayden Rd., Ste 160, PMB 353
Scottsdale, Arizona 85260
United States
Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
Domain Name: INTERMOUNTAINVENTURES.COM
Created on: 02-Aug-04
Expires on: 02-Aug-08
Last Updated on: 25-Aug-04
Administrative Contact:
Private, Registration INTERMOUNTAINVENTURES.COM@domainsbyproxy.com
Domains by Proxy, Inc.
DomainsByProxy.com
15111 N. Hayden Rd., Ste 160, PMB 353
Scottsdale, Arizona 85260
United States
(480) 624-2599
Well what happened to the company??? It looks like it was a pump and dump.....and went out of biz. Look at this old news release....
Metropane growth continues with AFT licensing agreement
COLUMBUS, Ohio--(BUSINESS WIRE)--May 5, 1997--Metropane Inc. (OTC BB:METP), a leader in alternative fuel vehicle transfer technology, Monday announced that it has signed an additional five year, non-exclusive licensing agreement with a key conversion contractor.
Alternative Fuel Technologies (AFT) has signed an agreement with Metropane as the conversion contractor covering specifically the state of Florida.
David M. Melina, president and chief executive officer of Metropane Inc., stated that the agreement with Alternative Fuel Technologies is keeping Metropane's growth plans on track.
Under the terms of the license agreement Metropane will provide all technical and commercial support, and the conversion contractor will provide all conversion services, including the procurement of components. Melina stated that Metropane plans on establishing similar licensing agreements in all strategic urban areas.
Metropane projects over 2,300 vehicles for conversion nationwide during the next twelve months. Melina reinforced Metropane's new aggressive strategy of cost containment through decentralization of the conversion process and growth through diversification.
Metropane will continue to build internally on its energy platform; external growth is planned through strategically compatible manufacturing acquisitions and joint ventures.
Metropane is an American Gas Association (AGA) 1-85 certified company whose products are California Air Resources Board (CARB) approved. Metropane's Nationwide force of mechanics are Automotive Service Excellence (ASE) certified and factory trained for all major conversion systems.
Metropane's CNG conversions have been successfully crash tested by the U.S. Department of Transportation Vehicle Research and Testing Center.
Please visit the company's web-site at: http://www.metropane.com or http://www.alternativefuels.com . -0-
Corporate advertising and public relations handled by Corporate Imaging. -0-
NOTE TO EDITORS: Information herein was derived from sources seeming to be reliable. No assurance can be made that the information is accurate.
CONTACT: Corporate Imaging Inc., Phoenix
Neil Rand or Deborah Lange, 602/504-9230
Fax: 602/504-9252
COPYRIGHT 1997 Business Wire
COPYRIGHT 2004 Gale Group
Doesn't look that way to me opening your link.
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Transfer Agent
Signature Stock Transfer, Inc.
2301 Ohio Drive, Suite 100
Plano, TX 75093
(972) 612-4120
(972) 612-4122 fax
Intermountain Ventures Inc.
http://www.intermountainventures.com
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=itrm#getCompanyInfo
Phone: 801-706-9429
Fax: 801-665-189
Kip Eardley, president of Intermountain Ventures Inc., has said in the past he is targeting a company doing between $10M and $30M in revenues.
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