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I hear ya.
Have we talked about Prethemer.com yet? Another IDLM property.
http://www.prethemer.com/
There are plenty of people waiting to buy. But they're not going to come up to the ask until financials are out. They're perfectly satisfied waiting for others to come down to the bid.
Yes. Because no one really knows what IDLM's earnings have been for the last 12 months and how much cash they've brought in. Still waiting...
How about this? The P/E ratio for the internet software and services industry is 82.4. That would mean at our current price, the earnings over the past year for IDLM must have been $99,000. Hmmm...If I remember correctly, our cash increased more than $300,000 in the last quarter reported a year ago...
If we increased $300,000 per quarter in cash for the past year, that would mean IDLM should be worth $1.69.
$300K * 4 = $1.2M
$1.2M * 82.4 = $98.88M
$98.88M / 58.453 = $1.69 per share
I know I shouldn't do this, but...You realize IDLM is probably doing $1M revenue per quarter at this point with a very healthy ROS, right?
As always, the share structure is unchanged. No dilution since inception. Small float with the vast majority of shares restricted.
For Idle Media Common:
I/O: 58,483,250
Float: 13,058,250
RSTK: 45,425,000
No PFD I/O
True, but the company cash is collecting interest.
Well there you go then. Put in a 100K share order at .12 and test your theory.
Get the buzz board going. IDLM - no dilution since inception. Raking in revenues and profits. Held back due to the wait on the restatement. Great time to get in, because those of us that did it a long time ago have been waiting forever for the payback and you won't have to!
Only one way to find out. I guarantee you one thing, I won't sell to you.
Wadi works so hard, and everyone always wants him to do more. Poor guy.
True. I'm really surprised Wadi hasn't been able to get more hiphop artists to invest.
It's an easy and safe 10X return opportunity. I'm surprised there aren't more people willing to throw in at least $10K without the financials being released. All evidence in the last 2 years shows it to be extremely successful, but just a little lacking on the reporting end. Marcus fixed this issue by hiring a respected COO and respected CFO. It's only a matter of time until a huge payday is here. I hope that's less than 24 hours or at the worst less than 24 days.
That day will come, Sub. That day will come.
Yes. I'll go sit in the corner. Let me know when the financials are released.
You can include me in that crowd as well. I don't care what people do now. What matters is when we get those financials. No one will stop it once those have been released.
I think you've got someone trading with themself to try to get others to buy from them at that level.
Is it Philly Cheese Steak?
Or is it millions and millions of dollars of future profits?
Oh, I don't know Mikey. That's almost another 10% gain on todays price. That extra penny could really be a stretch.
Nice to see $0.139 again...soon to be $1.39.
There are some big holders that post on this site. I wish I had 1.4M like Wadi. I only have 970,000.
Yes. This stock is worth more than $1 right now. When I get financials, I may very well update that to $2. The company is doing incredible well!
That's not saying much unfortuantely. We will have 1 million share trade days after the financials are released.
You've had a year to collect shares quietly. It's time to make some noise.
We're going to see a whole lot get taken when the financials come out. I guarantee you there are buyers that want to buy everything they can at these levels but won't do it until the financials are current.
You're probably right. Someone trying to get people to sell.
Don't worry. You're wrong. The business is doing great. I'm sick and tired of waiting for financials too, but if the company was doing poorly, they would be selling us shares. No Dilution. No problems.
Idle Media removed their access when they were trying to sort out a tracking problem. They chose not to add the access back, because they didn't feel it was accurate enough to be helpful.
Another revenue source. Nice.
I give up. The financials are never going to come out.
This is what you call reverse psychology.
490,000 FB fans for Datpiff and Hiphopearly combined. Time for the countdown to a half-million.
Yup. Great business. Someday, somehow, some way we will get the financials and then we can go to a share price that reflects it. Still no dilution. Still growing. Still bringing in lots of cash...
398,820 Datpiff FB fans. Over 480K with Hiphipearly.
395,785 Datpiff FB fans...plus another ~83K fans on HipHopEarly. Of course, this doesn't mean nearly as much as the 7M registered Datpiff users.
And...Haddock knows what he's doing and has big board connections.
7 Million registered Datpiff users...That doesn't even count the other sites IDLM owns. HipHopEarly.com probably has about 20% that much. It won't be long until the company has 10M registered users on all their sites combined...if they don't already.
When the floodgate opens, it opens wide:
2010 restatement
Q1 2011 restatement (for qtr ending 12/31/10)
Q2 10Q
Q3 10Q
2011 10K
Q1 2012 10Q (for quarter ending 12/31/11)
Not only that, but all the news they've been holding back because they've stated they will not provide business updates until financials have been appropriately filed. As much as I hate not knowing what's going on, this shows the company is legitimate. If they weren't, they would be diluting and releasing interesting news updates to sell the shares while we wait for the financials.
We can do much better than that...but not without financials. We're in a holding pattern until the restatement is released.