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Any question now about what I said about them killing the BID...well just look at it now and since the opening...only a few shares on the ask taken but 99% of the BID...someone is getting out...this is dilution or someone is killing this stock...continuing to SLAM that bid day after day week after week...they are selling off the BID...
You can't call me a LAIR or throw off on me...ITS IN PLAIN VIEW TODAY...I HAVE LEVEL II AND JUST WATCH SOMEONE KILLING THE STOCK PRICE..THEY SELL RIGHT INTO THE BID...ITS THERE ALL YOU HAVE TO DO IS LOOK AT IT...
Bate I honestly don't think anyone is short a .105 cent stock...do you really believe that...
I'm hanging to the about 6 million or so they expected for 3rd qtr and same for 4th qtr...which comes to around 23 million in revenues for 2018...the problem is the cash burn for the next 2 qtrs and continuing dilution when someone makes large bids and someone takes it out day after day and week after week...remember what Damaj said about the hurricanes of 2017 and how Texas and Florida were the 2 big markets for INNV products and how they took a hit in 2017 because of them...I'll wait and see the impact or expected impact Damaj believes it will have on 4 qtr....
Moving into the international markets would help offset those type occurrences...and help offset seasonal bumps in the road...
IMO they have a chance with the Beyond Human Line if they can get Cialis over the counter...
But I will not put large bids in only to see the company take it immediately through dilution and the pps never rise...
I also will never demean anyone on this board because someone honestly sees things different from the other person...
Now this is where we are in 100% agreement plus the fact that something has been going one with the pps for the last few months especially...there has been some big big moves on the bid but someone just keeps selling when those large bids appear...
Should know much more at the CC when O/S is announced...we know they handed out 50K each to those board members who probably sold as soon as they rec'd them...
Going forward when INNV tries to raise 5,000,000.00 more dollars I figure if the stock price remains @ .105 then with a discount applied around .07 if not more, they would have to issue over 70,000,000.00 more shares to raise 5,000,000.00 they would need. Unless they do the R/S and then try to raise the cash....
My thoughts are if they raise the A/S then its curtains...Meaning they intend to drain everything out of INNV they can...
Even though at this point I don't think they can save the company without some drastic measures or a lot of good luck right now they still have a shot but I don't know what effects the Hurricanes will have on INNV 4th qtr...
Hopefully Florida the next qtr release can do that...as for the 1200.00 I just reinvest it on another stock I find...
I actually looked at that again this morning Doc...
All I can say is that we will get a better look shortly with the release of the 3Q...
I think Damaj projection of about 11 or 12 million for the final 2 qtrs tells us a little bit but we will need to see the marketing costs and remaining cash on hand and additional O/S
It has stayed on my mind what Damaj said how the hurricanes in Texas and Floriday impacted revenues last year so I just have to wonder how these that hit Florida and the Carolinas will impact revenues this year as well..
As I said we will know considerably more with the 3Q release...
Like I said Florida...I made 1200.00 yesterday on TTNP...how did you do...
I consider you like all other msg board posters...and I will not sling off on people or try to prove myself any better than others...
Having been in stocks a long time I know that all of us lose money at times but I also make money...
It just so happens that after the 2nd qtr release I became very unhappy with INNV...when I see constant hitting the bid for months now I see it as very suspect...
When the CEO comes and months and months ago and warns the shorts I get troubled, especially as the pps moves down and the bid always takes a beating and the ask hardly budges...
I'll have an even better view of where INNV is going after this next qtr release and how much cash they burned through..
It is my opinion they have not had much news because they could not open more marketing because they need to conserve cash...
I see .1075 bid and last trade was .11
I have live Level II and Streamer Doc...
By the way, I keep that little sub penny on my Streamer, .0164 today right now...toooooo bad I did not buy a few million at .004 or .005
Anyway Doc, that 1.4 million volume never moved the stock...I think its dilution my friend...I guess we will know for sure @ the 3q release...
Hope you do well...I made 1200.00 on TTNP yesterday and hold 2 others today..certainly hope i do well with them...
Bate be fair to your readers...INNV has an uphill battle and must lower those cost some way...we will know a lot more soon...
Your OK little buddy...I know how msg boards work...so fire away if you feel the need or be able to defend INNV with facts...
What about how that pps has taken a hit on the bid every time she should move up...how do you like that dilution...how many more shares increase to the O/S do you think we have because of dilution this qtr...
Do you think the dilution helps the investors or lowers the pps and hurts the investors...
I should not think you would want to sling insults but be armed with facts...
We all have hopes and opinions but are those opinions based on FACTS...if they aren't then someone else opinion is as good as yours...
Everybody will know a lot more with the 3rd qtr release...
We will know when we see revenues vs cost for this qtr...
Can they generate more revenues with less marketing...
If they continue to have losses they must lower them to keep cash for the remainder of the year...1.8 million of the 5 was gone after 2nd qtr...continued losses means they need another infusion of cash...so we will see how 3rd qtr plays out...
What has bothered me is the hits on the bid for almost 3 months or more...
Get this through your head HC...if they have 100 Million in revenues and 300 Million in losses the stock is no good...the only thing that counts in this situation is LOSSES=BURNING QUICKLY THROUGH THE CASH YOU JUST RAISED...and that is the REAL FINANCIALS AND THE ONLY THING THAT COUNTS..
Why do you think people are not flocking to INNV...HINT..it has to do with losses far exceeding their revenues...
Sorry but if this keeps up, somewhere along the line, the cash for shares will run out tooooo
because A/S is the route to O/S and more and more dilution...
When, on earth, do you ever think INNV will be profitable...its been a long road so far and probably an even longer road to go...
This type business has so much competition they have to keep a large advertising budget alive or they disappear from the scene...it takes lots and lots and lots of cash...just look at the 2nd qtr and it will dawn on you how much cash they are going to continually need...hint,,,lots and lots of the green stuff....
Now just think of the additional promotions for the new roll outs...
This stuff is sold by so many businesses....
The only thing I see right now is the Beyond Human Line that could be a real stream of recurring revenues...
Cash for advertising is the Lifeline of this company and to me its almost like they were practically paying people to buy their products when I see that huge loss in Q2...
Remember the Directors and management get paid either through gifts of stock shares or raising millions in cash to pay themselves for 2019
Wow...did they get all your money again today too ?
1.4 million shares and not a move up...check back to August and see the same scenario...Me thinks someone is taking your money..
Hey, wait, I got the answer....why don't you guys jump in early with a few million shares at .12, .13, .14 and lets see if it gets knocked down...
Why, oh why does this continue and the pps doesn't trend higher...
My answer...someone is taking your money...they move so quick to take the bid out it is unbelievable...
If you guys are so sure of INNV why don't you just keep plowing your money into it....
Problem with that HC is that the Beyond Human line is the best they have...get rid of it and your sunk...
The larger problem is if you claim you are raking in 80% in profit margins and you have over 7 million in revenues but cost 10 million continually to sell what are you going to do...you need that marketing to do the 10million in revenues at 7 million cost (this is just an example ) but you have to cut your cost somewhere or do about 2 to 1 in sales with the same amount of marketing...
Don't see that happening little buddy...
Another BIG thing that bothers me is WHO has been SELLING into the BUYS...leaving us nothing in return...so I bailed out...
So I understand what you mean but their money maker is Beyond Human line and if they sold that they would have practically nothing...
So I don't intend to be the lap dog that bears the brunt of another cash inflow and stock dilution...
Oh gee look..another day the buyers are taking a hit again...
Man somebody been taking a lot of your shares since august or before...
you are funny...when the cash raise and dilution of stock price comes into play i want to post your reponse...it won't be long now until we know how much they burned through for the 3rd qtr....be interesting to see if they have enough cash to last through the rest of this year...or will they lay low like the 3rd qtr...
Its put up or shut up time Doc.... :)
Warning NEWBIES...this company needs and infusion of cash...
Check out the 2nd qtr 10Q...
Check to cost of selling 7 million plus in revenues...very high cost and INNV is going have to raise cash again in order to place the adverisements for their products...cost to sell is prohibitive imo...do your own research and track the stocks movements before buying...
Today is a prime example that someone is taking your money...
I have seen this trend for months...Surely you've gotten wise to this tactic by now...
CEO needs to carry through with profits instead of burning the cash and raising more cash and diluting the stock...
Let them prove themselves with profits...not even the penny stock people hit this stock for a little rally...that should tell you something if they won't touch it...imo...
To me this stock resembles the movie "The Money Pit"...
How is that 3rd qtr. 10q pre release coming along...
I expect a lot of priming before the needed cash raise...imo its how things work...
IMO INNV knows they are going to have to have another cash inflow very soon so usually a lot of happy news releases before the pain...
And as humans we are just gullible...
Why aren't you guys buying and pushing it to .20 if you think it is so undervalues as YOU SAY ???
Why aren't you guys buying and buying and buying at .12, .13, .14 ect today...looks like to me you would be buying and buying every day right on up to 1.00 ... lol, lol...
LOL...I didn't say warrants...I said freebies...as in what board memebers and employees and management ect get...
Don't worry HC...as the days run down the need to raise a lot of cash increases and weighs heavier on everyones minds...They better get some pumper news out soon...but still have to have cash to survive...cash...dilution of pps
Go look at that chart...over 1 mil shares traded yesterday and the chart shows a very tall red bar...hey, but don't worry we got 5600 shares of this hot stock traded today...
Again guys, how much cash does INNV have to raise in Q1 of 2019 to go forward...
Go read and see if they didn't say they had 5 million in cash they had raised as they headed into Q2...then look at the results of the cash burn in the 10q for Q2...
Going into Q3 they had little cash and failed to open up Amazon European as expected and has now pushed it back to 2019...
What good did all that cash do for investors...but it paid company salaries, increased O/S shares and diluted the stock...
Not even the penny pumpers seem to come around INNV for a single days run...
We had high hopes going into Q2 of 2018 will all that cash on hand only to see the need for more cash that has to be raised for 2019 and more dilution of the the stock and then a R/S imo...
How much cash will they need...to get an indication just look at how much went out the window in the 2nd qtr and to what good did it do the investor...nada
Once again you get a little volume but the pps goes nowhere or down...wake up call yet...usually does an average of 200k/300k shares and goes nowhere because there is no volume and when there is a little volume it goes nowhere or down...is someone taking your money...does someone have freebies they are getting rid of at your expense...i thought they are so I cashed out...I saw 200k or more on the bid at times and the ask went nowhere...someone took the ask out though...WHAT IS GOING ON WITH THIS STOCK ?...COULD IT BE TIME TO FINALLY FACE THE MUSIC...ARE YOU JUST GIVING SOMEONE YOUR MONEY...WATCH THE PPS AND THINK ABOUT IT...
LOOKS MORE LIKE THE PPS IS HEADED DOWNWARD TO ME...IF THE PPS GOES TO .05 WOULD IT EVER MOVE HIGHER IF THEY CAN'T GET EXPENSES DOWN...
I, like a lot of you thought this stock could soar, but after the disaster of a 2nd qtr with expenses, INNV running short on cash, the fact that someone kept taking the bid out, I had to face the music...
My thoughts are they are so low on cash they can't do anything ( Example is failure to launch Amazon in Europe )... This company must have a lot of cash for advertisement in order to survive... no ads no life line...
If the pps goes to .05 what does it matter...all they have to do is a R/S and who gets hurt; you or them...so to me they have to have a huge cash infusion the 1st qtr of 2019
Hey, doesn INNV sell anything to take away headaches...that would be a good idea because INNV sure gave me one for a while...selling for me was the only rememdy...
Bate I can tell from your description that you must be in Jurassic Park because you sure are seeing some WHOPPERS...even they said around 6 or so...
and at that beware the expenses...
why you think they didn't do the Amazon European market in the 3rd qtr as they expected to and now not even until the 1st qtr of 2019 or even later...who knows...
At the end of the 1st qtr they said they were armed with 5.0 in cash they raised and they intended to go out big time...well in q2 they hit the big time alright...7 million or so in revenues and expenses through the roof...
I doubt they had the cash to do much of anything in 3rd qtr...no new...no news...no news...hey, but don't worry they will expect to do it in the 1st qtr of 2019...
Wonder how much the hurricanes will hurt their revenues in q4..remember how they said it hurt them in 2017
I haven't read the yahoo msg board for INNV in a long time...but I suspect from your accusation that the individual must be negative the stock also...but no, florida, thats not me..
but back to the subject at hand. How do you like the volume and upward price move on INNV today after the news...see them keep slapping that bid over and over and over...from what I have seen over the last few months since the take down from .15 is that they just wait for a bid to move up to move in and slap it down...i saw them do that to hundreds of thousands of shares when they appeared on the bid...so I became convinced it is dilution by INNV and I sold...
Most of the days you would see just a very few shares move off the ask vs those hit at the bid...sometimes it looked like 1% of the ask and 99% of the bid...so yeah, I said enough of this...so go ahead bid the stock price up and see if they don't take you down quickly
You guess the expenses and losses were so high in the 2nd qtr is the reason they were unable to open the Europe Amazon in the 3rd qtr as expected...and that is the reason it was pushed back to sometime in 2019
LOL how did that added revenue CHING CHING do INNV in the 2nd qtr...
That is right...expenses were through the roof...it went from around .15 to where the stock is right now...
You need to go back and look at the cost INNV paid for those revenues in the 2nd qtr Bate...the few investors are getting soaked because they are practically paying people to buy the product...
The cost of advertising is so high to get people to buy the product along with the hurricanes that hit is just too much to over come..
Now with the end of the year arriving and the 1st qtr soon to approach if they reward their directors and employees with shares of the stock you get even more dilution...
Bate, even the penny stock runners doesn't attempt to run this stock...just watch them dilute the stock more and more...why doesnt the stock ever move up with all that buying...
Take a look at what they said in June about the European Amazon push
today announced the approval from Amazon® for the expansion of its Amazon® stores to five European countries namely the United Kingdom, France, Germany, Spain and Italy. The additional store will increase the Company’s European presence and help Innovus Pharma’s customers access its products in English, French, German, Spanish and Italian. The Company expects to launch its European stores in the third quarter of 2018.
What happened no expansion in the 3rd qtr as was told they expected to do...I mean how difficult can it be....
Do you ever stop to think about all the supposedly buying of the stock and all the great moves up in the market and yet the stock doesn't go up...
I don't know about you but after awhile all I could think of was that they were taking every opportunity to sell into any supposedly good news...
I think your fooling yourself and others when you post how undervalued INNV is...watch for dilution to continue and more losses until you end up with INNV posting how much progress they are making and the need for cash and a need for their R/S.........THEY HAVE TO CUT EXPENSES
Wow, i was under the impression that the Amazon for Europe had already launched months ago...wrong...looks like they will not launch until the 1st qtr of 2019...
Supposedly they got the O.K. several months ago for the Europe opening...what happened...short on product...short on cash...this is strange...I mean they are just selling through Amazon right...how hard can that be...i mean does it take 7 months or so to do that...
YIKES...maybe after another cash raise and dilution...better watch your money on this one...
Are you denying Damaj said what I posted about revenues and the hurricanes that hit TexaS AND Florida...
And for the record some of you guys are BLOWING SMOKE and you know it
What you need to know
Remember what Damaj said about the last hurricanes that hit in Texas and Florida.
It had a big impact on INNV business..Texas and Florida were big customers for INNV...
So now you have already had one hurricane in the Carolina's and now this one in Florida..
So from what Damaj said previously how the hurricanes affected the revenues I would say you should be careful...
If I were you I would think about exiting fantasy land...
That is my opinion and I am sticking to it...
LOL..your funny.. but I do own other stock
I don't presently own a single share of the stock and will not again until I see some real improvement...i don't intend to be in the stock when a R/S happens or more equities for cash....
As long as Demaj is getting paid each month do you think it matters whose cash it is...just saying
Revenues will not do any good if the losses continue HC...another cash raise....
I give you credit for one thing you said earlier that made sense...sealing a deal to let other companies begin selling the BEYOND HUMAN LINE...
If you shares expenses then maybe INNV can become a viable company..
Problems become weightier
As the year nears its end. The most anyone can think of is that 2nd qtr with the high expenses. Nothing since then to show otherwise. As the saying goes.."You can be profitable while digging yourself into a deeper hole of debt...
The first of the year brings challenges and the problem is that is when they need a big influx of cash. By telling you that their intention is to become profitable by years end they cannot be held responsible because they said it was their goal. Never they would be as a fact.
Marketing has its cost...raising cash has it's dilutive effects...low pps at the time of the cash raise is horrible, causing even more shares to be issued at discount prices and with warrants...a company who has proven not to be able to become profitable and does an R/S is then really ripe for shorts to make a ton of money.
The pattern of people saying good things about their company but never being able to deliver positive cash flow is what you judge a company by. If Damaj can show how he WILL get there and backs it up then fine. But for now all i can see is futher losses and a huge need to raise cash again and dilute the shares futher or a R/S