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ISIM is about to take off. Volume has been high. This is a great play. Check it out. Low float and Very thin.
ISIM is about to take off. Volume has been high. This is a great play. Check it out. Low float and Very thin.
ISIM is about to take off. Volume has been high. This is a great play. Check it out. Low float and Very thin.
We need more buying folks. I have buying a million a day for the entire week. We need folks to step up. This is going to rip very soon. Its ripe for the ripping.
How can we dilligently spread the word on ISIM to other boards?
Nice 3.7 mil buy just went through! Keep them coming. Was that someone on this board?
We need to start gobbling up the .0008's. How do we spread the word to the other boars in a systematic way. We need a new shareholder base in order to increase the volume!!!
I picked up a million at 10:11
Great post Marco. That is exactly what is happening right now. It will be a blip on the radar soon.
Only NITE at .0007! Next stop .001. Help take out the sevens....
How do you base your comment that we are "So ready for a pop"? I hope you are right but not sure where you are coming from?
As soon as this mass dumping is done I believe we wills start to move north in profound way!
NEWS......NEWS......NEWS...
Insight Management Corporation (ISIM.OTCBB) Acquires Plant Acadia Growing, Inc.
Press Release Source: Insight Management Corporation On Thursday December 9, 2010, 7:55 am
NEW YORK, NY--(Marketwire - 12/09/10) - Insight Management Corporation (OTC.BB:ISIM - News) ("ISIM"), trading on the Over the Counter Bulletin Board ("OTC.BB"), has completed the acquisition of Plant Acadia Growing, Inc. Plant Acadia Growing, Inc. is the parent company of Simpson Brothers Greenhouse, LLC, a retail greenhouse and wholesale farm supplier. Simpson Brothers Greenhouse, founded in 2004, is located in Ovid, MI. ISIM plans to operate this new acquisition as a wholly owned subsidiary.
Simpson Brothers Greenhouse, LLC owns two (2) acres of greenhouse and building area, as well as six (6) acres of agricultural property. The Company has year-to-date revenues of approximately $592,000 and average monthly sales in excess of $65,000.
Kevin Jasper, President of ISIM, remarked that: "This acquisition, along with the Company's recent acquisition of Simply Constructed, Inc. and its retail agreement with Nabisolar International, are important steps in advancing the financial recovery of the Company." Since Mr. Jasper has become President, the Company has changed direction from being focused on traditional fossil fuel extraction, to focusing on new green technologies from construction to organic horticulture.
ISIM is a development stage company engaged in green alternative methods of construction, farming and energy. Management believes this acquisition along with Simply Constructed will bring the Company growth and value to its shareholders.
Why is it so quiet here? No volume?
As soon as material news is released everyone on this board is absent? How is that possible. This evening I was eating in a great Dallas BBQ Pit...was the only one in the damn place too.
NEWS!!!! 8k...We now own a company with REVENUES and PROFITS!!!!!
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
—————————
FORM 8-K
—————————
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 11, 2010
—————————
[Missing Graphic Reference]
Insight Management Corporation
(Exact name of registrant as specified in its charter)
—————————
Florida
333-148697
20-8715508
(State or other jurisdiction of
(Commission
(IRS Employer
incorporation or organization)
File Number)
Identification No.)
408 West 57th Street, Suite 8E, New York, NY 10019
(Address of principal executive offices)
(866) 787-3588
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
Item 1.01. Entry Into a Definitive Material Agreement
On November 11, 2010, Insight Management Corporation, completed the acquisition of Plant Acadia Growing, Inc., (Plant Acadia Growing), and all of its title, interests and membership of its wholly owned subsidiary Simpson Brothers Greenhouses, LLC.
Plant Acadia, is a privately held corporation and the parent and sole member of Simpson Brothers Greenhouses, LLC (“SBG”). SBG represents the sole operating activity of Plant Acadia. SBG is a retail greenhouse and wholesaler of farm supplies. It has been in operation since 2004 and is located in Ovid, MI.
SBG owns two (2) acres of greenhouse and building area as well as six (6) acres of agricultural property. The period ending September 30, 2010, SBG’s gross profits are $292,645, and has net income before income taxes of $56,077. SBG’s average gross monthly sales, before cost of goods sold, is $65,000. SBG’s tangible assets, which include, plant, property and equipment are $620,100.
The Purchase Price of the acquisition of Plant Acadia is $4,750,000 due and payable six (6) months from the date of the completion of the acquisition. ISIM has provided Plant Acadia a Convertible Promissory Note, the terms of which are described below in detail.
Item 2.01. Completion of Acquisition or Disposition of Assets
On November 11, 2010, the acquisition of Plant Acadia Growing, Inc. (Plant Acadia Growing),was completed by the Board of Directors of the Company. Plant Acadia. which is the sole member of Simpson Brothers Greenhouse, LLC, a retail greenhouse and wholesaler of farm supplies, is a wholly owned subsidiary of The Good One Inc. which sold all of its interest in Plant Acadia for $4,750,000 pursuant to the terms of a Convertible Promissory Note (attached hereto as EX-10), and described more fully below.
a. The transaction was completed and the Stock Purchase Agreement (attached hereto as an exhibit), was executed by the parties on November 11, 2010.
b. Plant Acadia is the sole member of Simpson Brothers Greenhouse, LLC. SBG is the sole asset of Plant Acadia. The assets of SBG include two (2) acres of greenhouse and building space and an additional six (6) acres of farmland. As of the nine (9) month period ending September 30, 2010, the total assets of SBG are $757,633 against total liabilities of $404,375. Owner equity is $353,258. Plant Acadia is a wholly owned subsidiary of The Good One, Inc.
c. The Good One, Inc. is a shareholder of ISIM and therefore a related party other than in respect to this transaction. It currently owns 23,892,730 common shares of the Company’s stock. This represents 3.9% of the 614,503,394 common shares outstanding as of the date of the transaction. Plant Acadia Growing, Inc. acquired Simpson Brothers Greenhouse, LLC on September 24, 2010.
d. ISIM agreed to a purchase price of $4,750,000 to be paid within six (6) months of the date of the acquisition. ISIM has provided Plant Acadia Growing, Inc. a Convertible Promissory Note (attached hereto as an exhibit) with the following terms:
1. Due date of May 11, 2011
2. Principal in the amount of $4,750,000
3. Interest to be compounded upon maturity of 5%
4. To be automatically converted at term as follows:
i. to common shares of the corporation at a conversion price equal to 30% of the average closing price of the three (3) days previous to the conversion date;
ii. such conversion shall be subject to a limitation of shares converted so as The Good One Inc’s ownership will not exceed nine tenths (9.9%) of the then current outstanding shares of Common Stock at any one time.
e. No material relationship exists between the registrant or any of its affiliates.
f. The registrant is a development stage company.
I dont see anything about ISIM on epistockpics?
I dont see anything about ISIM on epistockpics?
We need buying pressure going into the close. Lets close at .0015
With solid NEWS this will skyrocket.
Do you think a solid PR would send this flying?
ISIM up 38% on very low volume. Tight flow. She is ready to move again!!!
ISIM up 38% on very low volume. Tight flow. She is ready to move again!!!
ISIM up 38% on very low volume. Tight flow. She is ready to move again!!!
Spread the word to the other boards! This is about to blow with VOLUME. Keep on buying....I am
Folks on this board as other boards love to pontificate and speculate. How about buying stock to create the momentum needed for this to explode. I put my money where my mouth is and have been buying millions of shares over the past 1.5 weeks. This has a huge upsdie but needs volume. Spread the word and take a real plunge you will be rewarded for doing so!
This is just the beginning my friends. Next week this will be catapulted to the next levels. I have owned this for quite some time....and am confident very good things are in store.
I totally agree. ISIM is fully reporting with a fairly low float. We saw that with no news it can move easily. They filed there 10Q made a recent acquisition and raised the A/S for presumably another acquisition. I think good things are in store for this company. Scared and bored money is selling, no big deal.
We need to get the word out about this stock. Does anyone have any ideas how to spread the word and disseminate the information? We need more eyes on this stock. Great visibility = increased volume!!! Please help.
I am certainly long holding a lot of shares. I believe in the company. We need more volume and more visibility and she will run again.
ISIM will start popping again soon. Scared money run away without any real bad news. Any come of this size has to use stock to propel themselves ahead. They havent used a share yet and I am buying at these prices. Minor set back but I really believe this company is moving in the right direction.
It seems like folks are not panicking about this, that is good! There is no reason to. Amateur investors freak out with an A/S increase. Smart investors realize that company's of this nature require stock to purchase acquisitions in lieu of paying in cash. I am hoping tomorrow will be another strong day. I only hope people dont panic.
While this increase can be viewed by the naysayer as negative, the flip side is that the company is on to something bigger and better. Tomorrow should be a plus if people dont freak out about the new AS of 3 Billion. The previous A/S was 1 Billion shares.
No one on this board puts there money where there mouth is. Start buying....I have!
I have owned stock in ISIM for over 8 months now, way before these recent runs. Over the past few months I have averaged down. With that said, I have perused these boards and posted from time to time. I am so curious why posters on here are so confident that this stock will continue to run and potentially reach .005 to .01. Like you, I have seen the recent acquisition and presumably if they execute a well developed business model it could work out. Why do folks have such confidence in this stock? Dont you think the recent spikes in volume were the result of some sort of IR campaign to bring in volume? Please help me to understand the collective thought on this board. Is it just based on optimism or am I am I missing some of the fundamentals? I am long and have not sold a share and would like to believe I will make a lot of money but to date I am really not convinced how this will transpire here?
Start buying the .0017's if you believe!!!!!
What is needed to make this go higher in the coming days? Where is the volume? I am long and believe but am at a loss for what is needed to propel this stock forward?
What are folks expectations for Monday? Realistic expectations? Do we keep going green?
How does anyone on this board know if "10 million from Auctus Private Equity Fund" is actually true? I would doubt that this company at this stage could aquire that amount of financing. I do not mean to cast any negativity as I am long and a believer.