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dough, You acknowledge that it is too risky to short ILST. The reason, I assume, is that you see a potential for the stock to take off at any time. That is exactly the reason that the shareholders are buying the shares. The down-side here is next to nothing and the up-side is unlimited. Even if you buy at $.0003 and sell at $.0004 you have a 33% gain. Where else are you going to get that in a week or two.
I am aware of all of the games. I just don't see any one shorting here. The stock recently tripled in two day. And we are due for a repeat.
Most of those trades are only short for a few seconds or minutes. I guess the part I don't get is why people post the same negative posts over and over and over. They can't make money even if the price goes down. Why waste everyone's time? I live by the rule-
"No shares no cares"
975, I didn't think you could short OTC stocks. Ameritrade is pretty flexible but they won't let you do it. It would be crazy to short ILST here with news pending, but how would someone even do it?
Twitter is lighting up. True Blue said filings this week. Only a few days left. The $.0003 are a steal.
There is a huge opportunity to make money here. We know the filings are coming and we know they will trigger a raise in the price. There could not be an easier way to make money.
Lets skip the name calling. We are going to see filings soon and we will then know what is happening.
The CEO is busy trying to get filings done and putting together the merger. I would not expect her to take random calls at this stage of the game. Let's let her do her job. We will get an announcement all at once when there is something to say.
It was nice to see people leaving the 200K and 220K shares on the bid at $.008 alone. The jump to $.015 in December was too quick to hold. A slow steady move with news provides more stability to the share price.
If True Blue is correct we will see filings this week. I am sure there will be something in there on the share structure. When they got up-to-date with Nevada 1 Billion shares traded and the price went from $.0002 to $.0008.
The next move will be 10-Qs and 10-Ks filed rapid fire. They could all be filed in a week or two.
I am thinking they are probably hung up working out the real estate. I believe Inmed has 8 locations. That is a lot of i's to dot and t's to cross. I have 5 Million+ shares and was going to sit tight. I noticed the 172K at $.0055 and figured I would add one last lot. We could get news any day now.
Volume has stalled until we get news. There is zero possibility for bad news. Next we get a filing or two and the price will go up even though we know it is coming.
Op, When you feel like complaining, buy some shares instead.
Humble, thanks for the heads up. In my opinion the removal of the CE is huge anyone looking at this no longer sees that.
Today was a bad day to put out good news. Once the CE is removed and they continue to take stepsforward we should get the pop we are looking for.
On March 5th they mention updates coming in a few weeks. So I guess we're still a week away. They should have rough time frame of when the CE would be removed and are probably planning accordingly.
With 80 - 100 Million on the bid we have entered a new trading range. The unlimited 2s ended up being a home-run.
The 3 day hold at Ameritrade has cost a lot of people a lot of money. If news hits this will move fast.
One step at a time. They are doing what they said they will do. I am looking forward to the next step.
That was the last one needed to be current. The most recent quarter just ended February 28th. The filing for that quarter is not due until mid-April. They can now work on whatever the plan is.
10-Q filed after the close. Should be an interesting Monday. IMO the price was pushed to $.06 in anticipation of the filing. Now with that part it is on to the next big thing.
In February they filed (2) 10-Ks and (3) 10-Qs. We need only one more 10Q to be up-to-date. I am thinking they are working on other big things taking their focus off of the last filing. It will all become clear soon enough.
A few months ago it was $.002 - $.003 for months. Now it is $.006 - $.007. There is more news coming. The next news will create another double or more. Can happen any day.
Laz, As you were selling you were claiming the stock was about to rocket higher. Glad you made some money, but the sell and bash is never a good look. One more filing to go.
Just one more filing due which could hit any day. Laz, I was tempted to sell in the $.05s as well. I decided I need to see what they do after they become current and the warning is removed. There are only 30k shares for sale at $.07 and under.
With politics out of the way, it is time to refocus on the name change and share some business updates. It would be nice to have the major financial web-sites recognize the company as a renewable energy company instead of a cloud computing company.
Most of these filings are a cut and paste with very little new information added in. The filing could be any day. IMO, that is why the price is being bid up. That's also why there are only a few shares on the ask.
I am not concerned about the default Deuces is mentioning. The default was only $25,000. An amount that small is not worth even discussing. $25,000 is a rounding error and the issue is old news.
All filings are up-to-date as of December 15, 2017. They were a little late with the Q3 filing but filed a notification that they would be late and why. The next major step is to change the ticker symbol to something reflecting renewable energy. The major financial web-sites still see the company as a cloud computing company. Once that is updated we should gain some traction and exposure. Hydro power is not only green but it runs 24/7 unlike solar and wind.The latest filing is here: http://www.otcmarkets.com/financialReportViewer?symbol=IICN&id=184442
Here is a local write up done by the Montgomery AL Chamber of Commerce. It is a little dated but it give you an idea of the size and scope of InMed Group in the local community. The article mentions "1,000-plus employees in two states – Alabama and Georgia." This is a substantial operation:
https://www.montgomerybusinessjournal.com/page.aspx?pid=4943
The MCTC.CO web-site is clearly the company's new web-site. The domain is a private registration with Go Daddy. The site is hosted by Go Daddy and the Name Servers are set to Go Daddy. You can not figure out who registered the domain or do a reverse IP look-up as Go Daddy hosts too many sites to gather any information. Something bitcoin or crypto currency related is on its way.