All of my posts are only my personal opinions and should never be taken as fact or advice by anyone.
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New 52 week high made at .30 today
Even if it retraces to lower 20s short-term though, this chart is one of the most beautiful I've ever seen and is WILDLY strong. Chart absolutely supports run to multi-dollars this year, fundamentals support multi-dollar valuation - all we need is CATALYSTS and EXPOSURE to get it started.
If I were IMCI I would release the kraken now or next week, the stock is PRIMED. Uplist, acquisitions, growth news, let's get it done!
TOUCHED 30 - MAJOR
Just from the chart we will need some type of big catalyst or development to break through .28 resistance, but afterwards it's absolute blue skies...but it's still great to see momentum building and constantly re-testing that .28 mark. I'm hoping we see an acquisition and uplist this quarter (Q2), as company discussed, if we get both I'm optimistic about 1$
Come on IGI, release the kraken....uplist, acquisitions, something, she wants to run!
Looks more like stable long-term (and short-term) uptrend to me...we are sitting at .23 after bouncing off higher lows.
Moreover I believe some groups/individuals may be messing around with this one to accumulate shares
Is this one at risk of getting delisted this year, with the new SEC reporting guidelines coming into effect?
Check where it goes in next 3, 6, 12 months...monster IMO
Lol you know it's UATG when the random pumpers who showed up 2 months ago are surprised that the things the CEO has been saying will happen every 2 weeks for the past near-DECADE are not magically happening...lol
Another huge positive point from the filings - which also explains why volume is so thin - is that if you add up the insider ownership and 5+% long-term investor ownership, the total is just above 22M shares, or 76% of the shares outstanding, with the majority of that being in the hands of the 5+% holders.
So based on this most recent filing, the true 'float' or shares available to traders here would be 7,046,385 shares.
This thing is intending to uplist and start M&A activity in a matter of months - with a float that microscopic, any institutions or large players may basically drive the price as high as they want.
Another important point - they are already reporting net profitability. And that is WITH all the extra expenses of being fully reporting, audited, compliant, etc. All those investments in legal, public side of things, and audits are going to pay off by making it much easier for them to acquire private cybersecurity companies, which they have said they will be doing throughout 2021-2022. At this stage those fees are large relative to revenue and do weigh down profitability - but they will be much less significant as they scale, AND they will help to permit that scale.
All in all I'm very happy with this report. I wouldn't be surprised to see this sitting well over 5$ by the end of 2022. As it stands today, a fully audited, profitable, and growing cybersec company shouldn't trade anywhere under 5x revenues, which would be 1.24$ here. So as far as I am concerned this thing has a fair value of 1.24$ per share as of TODAY.
Also another thing which I was glad to confirm in the filings is that this company has 60 - SIXTY - employees. That is just great and further confirmation that this is a legit, active, wildly undervalued company.
The annual report is great...it confirms everything they projected for 2020. In fact they projected exactly 7.2M, which is what they delivered. The major developments are slated for 2021 - acquisition(s), uplist, Nodeware growth...
Haha I've been in this house since forever
Mmmm yes R/S and even more massive dilution, sounds great
This company is constantly hiring for 6-figure, skilled positions. They are obviously growing, should be over 1$ PPS minimum
IGI Cybersecurity is currently hiring for the following roles:
System Administrator - 40,000 - 50,000 $
FP & A Manager - 90,000 - 110,000 $
Cybersecurity Consultant (Virtual CISO) - 100,000 - 125,000 $
Vice President, Cybersecurity - 125,000 - 150,000 $
Cybersecurity National Account Manager - "IGI offers a very competitive compensation plan consisting of a base salary plus commission"
Cybersecurity Inside Account Manager - "IGI offers a very competitive compensation plan consisting of a base salary plus uncapped commissions"
Yet more major hiring announcements:
Visit our Careers page to read about our latest opportunities, ranging from sysadmin and vCISO to finance and sales roles. Apply today and join our growing team. https://t.co/9eT0VU9vH4 #JobPosting #NowHiring #vCISO #sysadmin #cybersecurity #WorkInCyber pic.twitter.com/bfei4Ol6qf
— IGI Cybersecurity (@IGIcyber) March 24, 2021
Still watching/loading this one
And don't forget that if you actually look at the chart, 1 yr, 3 yr, 6month, it is a CLASSIC higher highs, lower lows, exponential growth setup since 2019. Fundamentals AND technicals are crazy strong. I just want it to get over 1$ already, lol, but imo it's coming soon
2.5$ PPS = 72.5M$ market cap
1$ PPS = 29M$ market cap
Given the audited revenues, there is simply no reason to stay at 25 cent PPS for long imo
Pink current, AUDITED, millions in revenues, etc etc.....the story just needs to get out and it will run multi-dollar. Just look at what most companies with similar metrics are doing - OTC has never been hotter, especially for fully reporting pinks. I know it's frustrating to see these stocks barely trading, but that's how it is with almost all these runners - they stay wildly undervalued for months, it feels crazy, and then suddenly within a couple of weeks they run over 1000%. I'm holding this one at least through 2021, I believe that is what will happen here too.
Yeah hopefully they will start doing more on the PR/IR side when they uplist Q2, in a month or 2 I'm hoping. Also, the shareholder letter said they will acquire another cybersec company within first half of 2021, so that's also within a month or 2 hopefully.
It just needs to get fired up, but these guys are not good at PR. I think we need to tell them that if no one tells their story, investors will not find it. On the OTC having a PR firm, active social media presence, and using iHub NewsWire aren't options, they're necessities. If they made use of all 3 of those things regularly we'd be above 1$ already. Hopefully they read this, but it's worth emailing their IR email to tell them too.
These guys have been hiring like crazy...
Today we're participating in a #jobfair with the recent graduates of the @RITtigers Cybersecurity Bootcamp. Congratulations, graduates. IGI is thrilled to support this program to help jumpstart new careers in #cybersecurity!https://t.co/ieM1wrb0Md
— IGI Cybersecurity (@IGIcyber) March 18, 2021
This now qualifies for QX actually
28 on ask, about 13k shares. This is the KEY resistance level for IMCI imo. Now would be an ideal time to provide an update or do a shareholder video or anything like that. Breaking past 28 over the coming weeks would be great
Someone just bought the whole ask....I’m telling you, the volume underrepresents the interest here imo. Because float is so micro and stock is so undervalued, it is hard to acquire shares. So people wait. That can create insanity when FOMO sets in after a catalyst, *bigtime*. I am glad to see us this close to 28 for sure
Chart is sooooo primed. .28 break will be huge imo. And the news is just getting started!
Hey sadly I can only DM during happy hour but yeah I meant "I" not "L"!
OTC market is on fire lately so I don't feel bad about UATG getting its payday. Although I would argue that .0005 -> .032 -> .015 is already one heck of a payday. So don't forgot to take a bit of profit off the table at this stage imo (pigs get slaughtered) and hold a decent core position long in case it takes off again. That's my 2 cents. I have been seeing non-stop runners this year though, so anything is possible.
Absolutely. I just spent about ~5 hours on the OTCMarkets stock screener to get an idea of the landscape. For one thing, there are no 0001-0002s anymore. At least not ones that you can actually trade like before. Everything is high trips, even totally defunct, dark shells with no prospects. I could barely find a single shell corp trading at less than 1M$ valuation, let alone any current, audited ones with active management.
So yup I haven't been around as long as you but even I can tell this is a new environment. There is a LOT more money in OTC compared to even 2 years ago.
I will try to get into ZVTK at sub 2 cents level, but that might be hard tbh
Hmmm...pink current, audited, nice website, <200M OS, nice website seeking acquisitions, decent CEO, for a couple pennies? Looks good to me I think I'll accumulate this one.
With a couple of the right acquisitions this could pull a real ALPP-style move
Come on Alex, make these longs some DOUGH
Why not just join the party instead, lol? Bring some of those UATG profits over here ;) Look at my DD, it's a good co at this price man
Volume has been steadily increasing. But be smart - float is micro and exposure is still low, even if it is increasing. Also, people are hesitant to buy into micro-float stocks until momentum appears. There are likely many more buyers/watchers than would at first appear. That's why the stock has been doing nothing but creep up lately. I personally am watching for .28 break
You know, I am thinking that there may be someone/group trying to hold it in this range to accumulate a while longer. It is clearly massively undervalued. And while it goes up quickly on buying volume, this is often followed by attempts at artificial price decline on very low volume - case in point today, thousands bought at .28 again before tiny sells into .24.
This type of action is very common with these ultra-low float, undiscovered stocks imo. As soon as the exposure and volume increases, that will go away, and the increase in volume will also draw technical/swing traders who will compound the effect exponentially. I have very little doubt about seeing this over 1$ eventually, but if the stars really align with a homerun then I think this wild market could take it to 5+$.
Just have a look at the OTC peers in this market. You will not be able to find another 6M$ company which is a) audited and fully reporting, b) about to uplist to QB. If you do, let me know lol, because everywhere I look I am seeing dark, non-reporting shells running to higher valuations than IMCI because of micro-catalysts which don't compare to even 1% of what IMCI has going on. And the companies with actual news/operations? They are running huge this year, just look at SIRC, ALPP, TSNP, IQST, INKW, and others. I don't see why IMCI won't be next, especially since as the SEC suspensions continue, investment dollars should flock even harder into the legit, audited, current opportunities like IMCI.
So for me at least, the downside risk of buying IMCI at 20 cents in this market environment is basically nil. Even if IMCI were a clean empty shell co with an OS of just 29M, it would trade around 20. So obviously IGI Cybersecurity should trade much, MUCH higher, especially since they are obviously about to increase their PR by a ton - hiring Goldman Research, retaining Bluetext, and especially partnering with LaunchPad IR. Just email them and they'll confirm any of this very rapidly. I'm holding on tight.
Why isn't this at .0001?
OTC is so stupid right now, it is impossible to find triple zeroes at fair prices - even dark shells are in high trips
This is one of the most undervalued companies in the pink sheets. Simple as. Couldn't be more attractive
igicybersecurity.com
It has all the ingredient for a great run. I've been around before too. The combination of low valuation (<1x revenues), acquisitions coming, and focusing on investor exposure are all VERY good things. We don't need some wild run, we just need to trade at 4-5x trailing revenues to make a huge return from these levels