About ready for blastoff. Market makers done playing games and absorbing shares. All it will take now is a specific plan to regain listing compliance (60 days would be enough), and then IFON management can announce their new product launch.

That should create a flurry to march over one dollar. I suspect this time around there will be more than one leg up. So, blast off towards one dollar, followed by a brief pause, then another blast off that should be closer to two dollars than one. That is my call between now and August. Were about ready right now, even with no news. Primed.

6 million market cap. 9 million plus in net cash. No debt. Already spent a few million on new product that is projected to launch soon. Litigation risk behind them. Experience of dealing with over 25 countries selling phones. Experience dealing with United States selling phones (could always start selling again or license). Streamlined operations. Never much worse than a small net loss, and sometimes profitable.

Consumer is broke everywhere in the world. Low priced phones like this will be more and more in vogue. Scores of retailers have gone bankrupt in the last few years, as have many phone makers. Infosonics still pays its bills and carries its own weight, like it has for decades. Other companies simply fold up and shareholders get zero. Largest shareholder did not sell a single share when the price was over $4 just three years ago. Shares in strong hands, as evidenced by run from 48 cents to 1.04 one month ago (happened in two hours). Lots of people jumped in and bought at higher prices, yet they don't want to buy at lower prices? Lol.

Painful torture at the lows from longs who are exasperated is how bottoms are made. Large caps fluctuate on average 100 percent per year, and often more. Small caps fluctuate even more than that. Tell us what IFON is worth? If you had 100 million to invest, and you were going to buy a few companies outright, would you buy IFON for 6 million if you could? I mean, you could buy the whole thing for 6 million, liquidate the cash only and get 9 million, and STILL have the business.

Once the price is higher and people are holding your hands you will be buying higher and sleeping better. The lower the price the better I sleep. The lower the price, the less risk there is.

Think of what it would take to potentially get these shares over $1, or even $2 or higher soon.

1) More time on delisting issue (greater than 50 percent chance)
2) Exciting new product launch (should be announced soon)
3) Profitable quarter (could very well be now)

Any one of the three above probably means $1. If two or three of the above happen, $2 is almost a given. The price went from under 50 cents to over $1 in a few hours with no news last month, so it will roll past that with specific good news.

Long shots could be a buyout of the company, or some crazy partnership with a huge brand. Maybe going back to the US market with a partnership.

You are discounting lots of things that are likely to happen, and totally disregarding wild card announcements that could lead to an even greater price appreciation. Unless they are selling drugs out of the home office, there is no scenario where they go under, so you might as well do the smart thing and load up, and just wait it out. Daily stock prices make no sense. When it is ready to move, it will move in a big way.

A company like MSN (Emerson radio) traded at under 60 cents one year ago, which was well under net cash (no debt there). Now it is more than double that. How could it trade so low? Well, it did. Infosonics is the same animal. What happened there is similar to IFON, as there were a few people who were believers at $1 before it went to under 60 cents, and it was frustrating for longs, so they gave up. At some point, the price cannot go much lower.

If you never owned IFON until Friday, and you were able to buy for the first time at 40 cents, then you would feel great about buying. In order to get a market cap less than net cash, things aren't going to look great to the masses. Can you name me one other company on the NYSE or NASDAQ with zero debt that is selling for less than net cash?

As usual, the answer is that you cannot name a company with no debt selling for less than cash, nor can you name a company selling for under 10 million that is in better shape than IFON.

And that means that IFON is a great buy. At what price do you think that IFON is a great buy? I guess if the shares were at 10 cents you would complain instead of buying. 10 cents would mean a 1.4 million market cap. Guys like you would complain about management if you saw 10 cents, and guys like me would load up and thank management for allowing me to get shares so low. That is the difference between someone who understands the concept of Mr Market, and someone who doesn't. If the shares during the last three to four weeks never went below 80 cents after the spike you would probably buy more at 80 cents. The name of the came is to find situations where companies are trading for less than they are worth. 40 cents is a great price.

You missed the point. My point is that immediately after I paid over 42 cents for MY shares, some fake market maker shares went off in 100 shares lots at 41. How come I can NEVER get them at 41?

This is how stocks make bottoms. YOu have to have frustrated longs who bought at much higher prices in order to create bottoms like these. Sometimes, even bad news will provide a catalyst from the bottom, as all of the weak hands are out, so don't be surprised if the stock jumps soon after delisting, or other negative news.

I think we will get good news, but at these prices I am almost hoping for bad news, since I might be able to get some shares below 40 cents. With streamlined operations and no legal expenses, it won't take much to engineer a profitable quarter, especially since lots of money has already been spent on the new product (if it ever launches is another story). One day they will show a decent profit and the price will go up multiples in quick order.

If nobody was feeling any pain, then the price would not be so low. This is a very lightly traded stock, and I still feel that 80 percent of the people who own it don't even understand the delisting issue, or even the odds that the company will go under (delisting is a non-issue, and the odds are close to zero that the company will go under).

If you were starting from scratch and wanted to buy into a company with a 6 million market cap, and you knew nothing at all about the company, if shares of IFON were what you got then you would breath a sigh of relief. Please let me know of a single company right now trading at under 10 million market cap that is a better deal. That is almost double IFON's market cap. You have all weekend to articulate a publicly traded security that is better than IFON, and I will let you go up to 10 million market cap.

I cannot help you out any more. Name a single company.

I added 3,700 shares with a few minutes to go. Was given the shares at .4268. Immediately after that a bunch of fake 100 share lots printed at 41. This is the same thing that happened when I started buying during the last days of December.

That means it is about to run up. Market makers will send this into orbit with just the smallest of buying pressure. It has happened twice in the last five months. They take all of the weak handed shares at ridiculous prices and then unload whenever they want by running it up. When legit buying pressure happens they run it up at that point to make things easier on them and clear out the shares they have been taking at the lows.

Next week should be a run up with the news that IFON has more time to get to $1 per share. Once they have that, IFON management will probably announce their new product launch, and then it won't be an issue any more. They could always buy some shares themselves from working capital, and it wouldn't take much in order to firm this thing up over one dollar, and it might also be the best thing to do with the cash.

People with a clue know that this is a great price, and there is a limit to how much it can go down. Worst case scenario is that they get denied, but even then, the value doesn't change, and if you are lucky enough to be offered a real amount of shares lower than 40 cents, it will only be for 20 minutes or so.

I am ready to rock because my cost is low. I am only down a few pennies per share, and already have been through two spikes up. The next spike will have multiple legs, so hold onto your hats.

Lol. The latest price action shouts that there will be an upside move of tremendous strength. You guys are really lost. You don't understand stock prices at all. IFON is bottoming out and will blast off. I told you a few days ago that the same thing happened to SPI, which is a totally different company, but experienced a similar leak in price until blast off. Then some clown here, maybe you, chimed in about how it went back down. Of course, it went back up, The company went from under 30 cents to 2.40 in two days, then back to $1, then back to $2.

It was used as an example that when the price is ready to roll, it will really roll. How could it possibly have traded at under 30 cents, then two days later up to 2.40, with nothing but perceived negative news? You people are awful and I will not post anymore.

I will be cashing out at $2 plus this year. See ya.

I asked you to name a company in the last decade or so that has increased revenues many multiples without taking on debt, and that does not have any debt today, and you could NOT do it. Sorry, fool, you lose. IFON is the only one I know of. There are probably others, but not many.

IFON is one of the few companies that has survived organically, Even Amazon is a fraud by comparison. Because IFON pays its own way, there is very little chance of a zero, whereas I can name 25 retail companies in the past two years that dealt shareholders an absolute zero and 100 percent loss.

Since I have owned IFON starting with my under 40 cent buys five months ago, it has made two runs to much higher prices, and the only selling has been after those spikes. Every time anyone here tries to buy shares they have to pay a pretty penny, and might not get filled quickly, while every time someone tries to sell, their shares are snapped up in half a second. That means that this is ready for liftoff again, and this time around it will be multiple legs up.

I gave you the whole universe of stocks, which is over 10,000 companies, and you ended up coming up with one that doesn't even come close to qualifying. You said it had tons of debt....lol. I think that I proved my point.

The key is to avoid total wipe outs. IFON has as close to zero a chance of going under as you can possibly have, for a 6 million market cap company, or a 40 cent stock. Period. That's the end. Oh, and that SPI that went from under 30 cents to $2.40 in two days, then back to $1, was up to $1.60 again today. My point about that company is that major moves up can happen from these leaky lows. At some point you hit the no risk price.

IFON can go to $1 in two hours. It has already proved that last month, as it went from under 50 cents to $1.04 in hours. Name another stock that can do that, that doesn't have a chance of going down huge. Nothing to talk about anymore. The good news with IFON is that you can tell that those who bought high felt real pain, so they unloaded and now we are ready for the move up. In order to get the low price you need exasperation, where people blame management. Those people end up selling to the market makers and then the market makers run it up and attract new groups of like minded suckers who always buy high.

I figured this one out. There will be multiple spikes higher soon.

Can you name one other company from that time period that has paid its bills since then without debt, and that has no debt today, while also increasing sales many multiples? Thanks.

You will get the message in the next few days or weeks. If you cannot see that the price has bottomed then you are on your own from here on out. I doubt there will be a chance to buy lower. I guess they could get denied at the hearing, and then abandon their product launch, but even if they get denied, and even if they abandon their product launch they are still at tens of millions of sales per year with a streamlined cost structure, no debt, no litigation risk, and the ability to strike deals and go into more markets, while continuing to fine tune what works and what doesn't.


About 2,500 phones per day get shipped out that IFON is behind. That is 100 per hour throughout the world. Almost two per minute, which means that four phones got sold while I was typing this. Cha-ching!.

You are dreaming. 2009 was a once in a lifetime event. I can name 30 examples off the top of my head of companies that traded below 50 cents that were real companies. From the lows, companies went up 30-40 times within a year.

A stock like Deidrich Coffee went to 20 cents, and they sold the company for $35 less than 12 months later. Pier One went to 20 cents (maybe lower) and was at $20 within two years. A company with the ticker symbol DAN went to 28 cents, then went to $20 within two years. Many companies went up 10 times within 90 days in mid 2009. Sinclair Broadcasting went to $1 and went up 40 times from that within a few years. Those companies were all much larger than IFON. They were giving shares away at any price at the lows. That is why people are in for huge pain very soon. People don't know how low stocks can go when all hell breaks loose. It would shock the world if the DOW went to 15,000 this year, but it was only 17,000 when Trump won the election, and so it is not hard to imagine at all, but 21,000 to 15,000 would create chaos, and it probably happens this year or next.

SMRT is a good example. I was watching that happen. It went from a "throw in the towel" leak to a one day capitulation. I could see that happening with IFON, but like SMRT, you probably only get one day, or half a day, to load up.

IFON sees $1 before 20 cents, and I don't see much downside here. ONe big sell order could create chaos, but it would be very short lived, and since large holders who have held for years are never selling at these prices no matter what, it really doesn't matter.

If the new product launch is still on target, we could see a nice move by the end of the week. Clarity on the delisting (non issue to those who know what it means), followed by a sexy launch of a new product (or maybe even a partnership announced with that), followed by a profitable next quarter (even barely profitable), and the price is easily at 1.50 and more.

Someone has been sitting there for a week with pretty large bids picking up shares from all of the suckers selling at low 40's. This is how it looked at the end of 2016 before a very fast run up from under 40 cents, and also how it looked 30 days ago when it ran up from just under 50 cents.

IFON could simply use working capital to buy shares themselves, and this would blast over $1. In fact, if they announced they were buying a million or two shares, which would not put the company at risk, the price would probably fly over $1 before they could get started. That would be an option....to buy shares, followed by other positive announcements. No way it would stay below $1 for more than a few days.

SMRT is a good example. I was watching that happen. It went from a "throw in the towel" leak to a one day capitulation. I could see that happening with IFON, but like SMRT, you probably only get one day, or half a day, to load up.

IFON sees $1 before 20 cents, and I don't see much downside here. One big sell order could create chaos, but it would be very short lived, and since large holders who have held for years are never selling at these prices no matter what, it really doesn't matter.

If the new product launch is still on target, we could see a nice move by the end of the week. Clarity on the delisting (non issue to those who know what it means), followed by a sexy launch of a new product (or maybe even a partnership announced with that), followed by a profitable next quarter (even barely profitable), and the price is easily at 1.50 and more.

You prove you don't know what you are talking about when you imply that IFON is a penny stock. If anything, it is the exact opposite of a penny stock. They never pump. Even multi-billion dollar companies pump like scammers, but not IFON.

The bottom line is that if IFON never traded below $1.50 over the last 18 months or so, nobody here would be shocked at all. You guys are letting the price determine how you feel about things. That is why you are clueless, since a solid investor realizes that on companies like this, the crowd is always wrong.....every single time.

At ALL TIMES over the last 10 years, the crowd was wrong when the shares traded at multiple dollars per share, and at ALL TIMES over the last 10 years, the crowd was wrong when the shares traded at near 50 cents.

All you have to do is buy when the company trades at 50 cents, and sell when it is multiple dollars. For me not to make a lot of money here the company has to go to zero over the next year and cease to exist as a company, while also finding a way to go through about 10 million dollars. Just cannot happen.

Scroll the daily prices from the last decade. Block out your feelings about the company, and disregard what the company does. You will quickly see that all you have to do is buy at times like now. The only way that changes is if there is some material change to the downside, which just isn't happening, because the worst case scenario is always selling a few thousand phones per day at a small profit or small loss indefinitely. They know how to do that pretty well. You get the upside for free, with almost zero risk of permanent loss, but you have to be smart enough to buy when others are waiting for "clarity".

No, true "throw in the towel" bottoms kind of die slow deaths without huge sell offs. Everyone gave up on VRX (Valeant) a few months ago. Leaked until $8, and then that was the bottom. Same thing with a company that goes by the ticker SPI (check out how it leaked on very low volume over many months before rebounding last week.

Capitulation is usually a desperate attempt to get out no matter what the price, but Throwing in the towel is more of a drawn out process over days, weeks, or months, where it is like watching pain dry, or Chinese water torture as the price just drips lower.

Most here have no clue about IFON. I have watched it for close to a decade, and just started buying within two cents of seven year lows at just under 40 cents around the turn of the year. There is not much that can happen on the face of the earth that could create a large volume selloff to where my buys won't be near the best buys anyone could possibly have in the company.

That's just the way it is. If if you get the best price in the history of the company, you usually just need to get out of the way and let financial physics take over. Sometime between next week and the end of the year, IFON shares will likely make a run toward $2 or more. That is why I bought low. All I have to do is wake up and eventually I make multiples.

You are proving the value here. Because you bought higher and are sitting on a big loss, you are negative. However, there are a few people who have never bought high, like myself, who are essentially even, and therefore, the pain is not there, and the negatives of previous years is actually a blessing.

Now, if you multiply your feelings by hundreds of others who bought high here, then maybe you can see the great value. If hundreds of others, or even thousands of other people through the years took a beating, that is how you create a "throw in the towel" bottom, like it looks like we have. Some of the great stock moves of all time come from these types of bottoms, where the stock aimlessly hovers at a low range with very little volume, and then.....Boom...there is an explosion. What ends up happening is that many of those who have given up and no longer own shares, will inevitably jump back in, as well new people. People like you will also add shares at higher prices when the news is good here.

This is one of the most honest companies out there. Paid their bills for decades without scamming others and taking on debt. Insiders did not sell their shares at $4. The company is actually easy to figure out. Just go back over the last seven or eight years and look at the stock price. The time to buy is ALWAYS when things don't look so good. If you buy when everyone is holding your hand you always lose, but if you buy when it is left for dead, you ALWAYS win.

The company is in better shape than it was just over a year ago, and back then the price was over $1. They had more expenses and overhead, as well as potential litigation liability. Now they have a clean slate, and from what I can see, have already spent a few million dollars developing this new product that should launch soon. There is a reasonable chance that something exciting will be announced soon, but if not, you are still low enough price wise that the downside is essentially zero (no permanent loss of capital from 40 cents). You get the whole range of upside surprises, and the cushion of no debt, millions in cash, and always the ability to just move forward selling just under one million phones per year, in a worst case scenario.

I am sitting on shares bought at essentially the all time lows in the history of the company (aside from a brief period during the financial crises), so the math says that at some point, probably soon, I will be sitting on a gain of at least 100 percent, and probably a few hundred percent or more.

This upcoming week could set the stage for good things. I started buying at 38 cents about 5 months ago, within two cents of seven year lows. Since then, there have been two periods of nice runs higher. But there hasn't ever been a huge sell off from lower prices. The drops were just leaks after two manic periods where chasers who don't follow the company bought the spike and then bailed out. But there were some real buys in there from long term holders, and so the real float is even lower now.

$2 by the end of the summer is pretty reasonable. Nothing can happen that could cause anyone to believe that buying at 40 cents will create the potential for a permanent loss of capital, or even the potential to regret buying at 40 cents (low 40's). The math is the math, and the company is not going to trade at 3 or 4 million market cap for any amount of shares that matter....ever (if at all).

That's what they have to say. Go read Microsoft's SEC filings and annual reports, and you will see risk factors, as well. Every company has similar language. Low 40's is a good buying point. You really cannot expect to EVER be able to buy any shares below this price point from now until the end of time. You either see it or you don't.

Re Entry into US Market, sale, partnership, new product launch, profitable next quarter.

Just need one of the above to happen to get to $1 and more. If a few of the above scenarios happen in a short time period, we will be off to the races.

Not a lot can happen to get these shares lower, and almost nothing can happen to create a permanent capital loss for many years. I guess if you cannot figure it out, then you will have to live with the consequences.

The shares were over $4 three years ago. If I told you then that the shares would be trading at a 90 percent discount three years later, what would you imagine the company would look like? If you go back to when the shares traded that high, the company wasn't much better off than it is now. Working capital and cash was about double the current levels, so it was either way overvalued then or way undervalued now.

They settled all of the legal disputes, included change of control language in the amended annual report last month (that created a flurry of trading activity), and also streamlined operations over the last year. Compare this to all other stocks trading at under 50 cents and let me know if you find one that is safer, but that also has a chance to move up many multiples in a short amount of time. Alternatively, look at all companies trading at under 6.5 million and let me know the same.

"The market hates uncertainty" is one of the worst cliches in finance. The uncertainty that IFON is going through right now is a perfect storm of misunderstanding on the part of the idiot retail public, almost all of whom don't even understand the delisting issue, let alone how to value a company. Smart investors love situations like these. Take a look at the price action of SPI last week. Just an example of how fast things can change from the bottom. You tell me what the company is worth? It went down to under 30 cents before it spiked.

Start today with 6 million and head out into the world and create what IFON has created. Then come back home and still have more than 6 million cash in the bank. I'm not sure you could do it in five years if everything went perfect. Nice little company here that is more legit (pays its own way) than 95 percent of the companies out there. You will see very soon.

There will be no reverse split. They are having a hearing over the phone on Thursday June 1st. IFON management will basically tell them that the company is worth at least 14 million, and that it will be over one dollar soon. If not, then IFON will let them know that they will do a reverse split to make sure it is over one dollar.

They will then get a new timetable, and once they have that, they can then announce this new initiative, and that should do it. They also likely have maneuvered the earnings so that they can show a decent quarter on the next call. It really doesn't matter if they reverse split at all. If they do, it is not like anyone will short the stock. Do you really think you will be able to buy a lot of shares at half this price? That would mean that you could own a significant percentage of the company at a 3 million market cap. If that were the case, then someone could just buy the company and shut it down. But the large holders are never selling their shares, so a reverse split doesn't matter. They didn't sell when the price was over $4 a few years ago, and they aren't selling now, so consider this 42 cent price a gift.

Prices can rebound fast. Take a look at what SPI did two days ago. The company had leaked in price for many months then went from under 30 cents to over $2 in a day and a half. Down in the 1's now, but the point is that these low prices are not real. The flurry from less than a month ago when the price went crazy in one day will be repeated, only this time there will be multiple legs up.

Many of you are overthinking things. This is pretty much the same old company that it has always been. Sometimes Mr Market values it at $4, and sometimes he values it at 40 cents. If you buy when it is low, your only risk is that the company goes to zero, and it is not the type of company that can go to zero at any point where it would matter to your investment. They sell and ship over 150,000 phones per quarter. Those transactions are happening every day.

This is one of the best buys out there right now. Don't get caught up in the numbers. Just go back over the last 8 years or so and look at the stock price only. After that, go read some articles about the company at various price points of that 8 years. The company is worth way more than 6 million right now, and that is the current market cap. And there is a greater than zero chance that this company gets sold. This is the type of company that would be valuable to a larger company. Worst case scenario you will make multiples on your investment if you start buying in the low 40's now. The low price for about 6 days in a row was some odd number going out many decimals. It is mathematically impossible for that to happen, so the price is not real, and that is a good thing.

Price will explode higher, and if there is legit good news the explosion will make last months explosion look like child's play.

Check out the lows of the day from May 16th through May 24th.

0.4199999 This is just he market maker absorbing a few shares. There was some buying pressure earlier in the week, and those buyers had to pay 45 and 46 cents. It is likely that when this next surge comes, some people will remember that the previous spike was temporary, but I expect this next move over $1 to be the first leg, and $2 should be in the cards soon.

Even better yet. Thanks. Time to get lucky on a huge move. I think this has a chance. There are enough good things that are verifiable, that this should have legs, and possibly turn into a monster.

Edit....whatever it is, there is a clear path for shareholders to make a score here. That is enough to give UOIP a potential big move in the next week or two. Funny that there ticker is UOIP (You Owe IP).

Also, there is zero incentive for them to update anybody about anything. No need to waste money filing with the SEC. They are all in on these suits, and the result will be the result.

Well, they didn't really give up that much, since their 400 million shares are equal to 40 percent of the company if share count is one billion. Plus, that way, even if they lost in court, they still have the shares, and maybe they could salvage something that way. By taking the 5 million IOU to be paid by 2020, they still crush if the windfall comes in because they get the first 5 million plus 40 percent of every dollar over 5 million (since they have 40 percent of the shares). For giving up that 60 percent, they don't have to risk funding the expensive litigation and getting a goose egg at the end.

That's how I see it, but my due diligence is only two days old. I would say that this story is better than most penny stock pipe dreams. There is a path to riches that doesn't involve simply trying to find a bigger sucker to buy your shares, and that is more than what can be said for 99 percent of the stuff here.

Because they sold the rights to the patents for 5 Million, plus 400 plus million shares of UOIP. The first 5 million collected from the patents goes to the seller, and the shareholders get the rest. The agreement is public record.

They didn't just sell the patents for shares. They sold them for 5 million due by 2020, plus the shares, and the shares at the time were worth very little, and still are. That is why the price can go much higher. If there are a billion shares, and the patents are awarded 100 million, shareholders would get get 9.5 cents per share, because the first 5 million collected has to go toward the 5 million due.

But even an award of 25 million in total would get shareholders 2 cents per share, which is over 5 times the current price. The first 5 million would go to the patent seller, and the other 20 million to the company/shareholders, which also includes the patent seller.

The patents and lawsuits seem to be legit from what I can see. I got lucky and bought at .0017 and will ride the wave if it happens.

Well then tell us what the company is worth. Unless you think it is worth less than zero, then you should give a number. Any number that you give that is less than the current market cap can be defeated just by liquidating the company and paying the shareholders the proceeds.

And even though the CEO is paid a fair amount, if the company was sold to a larger group, then about one million in salaries could be wiped out just from a few people. And the fact that the company is a public company and has to go through the expense involved in that, also ADDS to its break up and sale value, as that no longer would be needed.

So, you either believe the company is worth less than zero, or somewhere between zero and 6 million. And if you believe that, then you cannot be taken seriously. If you started today and were going to build a company from scratch, do you think that you could build IFON for under 6 million? Lol. I mean, they have more than that in cash if they liquidate tomorrow. To you, their brand is worth zero, and the fact that they have approximately 10 million is worth nothing. Also, you must not realize that the company has paid its bills and salaries for over a decade without taking on debt or diluting shareholders.

The company is in great shape and will move higher quite soon. Look around at all of the other companies out there. Most are garbage, and most cannot organically survive by themselves. IFON is solid. If it is worth just 6 million, then you could almost say that a similar company with ten times the sales, and ten times the cash would only be worth 60 million. But you would lose that argument as well, because I would suggest that any company with 100 million in cash, and no debt, is worth more than 60 million. You just don't understand the company, or how out of whack share prices can get.

You caught a glimpse of what the price can do a few weeks ago. Now, imagine a scenario where delisting doesn't matter, and there is a new product launch, and maybe a nice partnership. In that case, it would be obvious that the price would race past $1 in no time at all, and multiple dollars per share would be within reach in a hurry.

I started buying at 38 cents, and within a week the shares went to over 70 cents. After retracing, a few months later the shares went from 48 cents to 1.04 in a single day. Now back to where I am pretty much even, as my average is 44 cents. My buys are gold, and I won't be at risk of a permanent loss of capital, nor will there be a time when I will be able to buy the amount of shares that I currently have, for less than my average. That is called buying low.

Management got this quarter out of the way. Now we have good news on the delisting hearing coming, as well as a new product launch, and if the next quarterly report is better, we will be at 1.50 no problem at all. This is close to a slam dunk winner from here.

You re missing the big picture. It is all about where the price of the shares will be in the future. This company has very little chance of going to zero, unlike thousands of other companies out there selling for multiples of the market cap. Show me a company out there right now with a market cap of 6 million that you would rather buy. Good luck with that.

Back in 2014 when the shares were at 4.50, if I told you that the shares would be 45 cents in 2017, what would you imagine the company would look like at that time? You would imagine a scenario much worse than this. Heck, you saw what happened two weeks ago....the shares doubled in under three hours. Now, just imagine a little movement in the right direction and you will of course see that and more.

Many people still do not understand the delisting issue. It won't happen, but even if it does, it does not matter at all. Same thing with the reverse split. The price can only go so low. Its not like you will be able to buy shares at 20 cents.

So, we are right where we want to be. Like I said.....if you are looking for a 6 million dollar market cap company to buy, it isn't going to look like Exxon or Apple. You would want reasonable assurances that the company wasn't in imminent danger of going under, and you would also want to have a good faith belief that the price could move multiples higher in short order. Check....check.

Take a look at a company that is selling for a 60 million market cap. That is 10 times IFON's market cap. Do you believe it is worth 1,000 percent more than IFON? I don't. Expect IFON to be given more time to get to over $1 per share. If that coincides with a higher share price at the time of the announcement, and also coincides with a new product launch, then $1 will be a distant memory.

It could also be that the company is being sold and they are dumbing things down until the sale. The company has never diluted the shareholders, and never been delisted. Same company, but the good news is that it is selling for 10 percent of what it was three years ago. The company was not worth 10 times more back then. It is highly likely that the company is worth a few multiples of what it is selling for now, even with no news. Other companies may want to partner up with IFON, or even buy the company. If not, things are not dire at all.

Forget everything you know. Just from scratch. Imagine that are about to buy shares in a company with a 6 million market cap. I am telling you that you can sleep at night owning IFON, and that you will not be able to find another 6 million market cap with less chance at going to zero, and more chance of going multiples higher quickly.

Here is a company selling for 10 times IFON. It is worth maybe two or three times IFON, if that.

http://www.prnewswire.com/news-releases/relm-wireless-reports-first-quarter-2017-results-300454398.html

Longs in good shape now. Positives from here on out. No delisting, followed by new product launch are up next. And you never know, there could be a buyout or big partnership. People don't understand the numbers. The only people who sold are the suckers who bought the spike two weeks ago.

There is a reason that management has timed these recent events the way that they have. They wanted to get this quarter behind them, so that multiple positive announcements can be made. This quarter was compared to last year's that included the US market.

If you forget about the one day huge spike then we are right on schedule. The only people feeling pain are those who don't understand what is going on. They bought when the price spiked. You are supposed to buy low. That is why I am in good shape. I am even right now, but have little chance at permanent loss of capital, and already have been there for two decent moves up, while not once being threatened with anything lower than my average, Which is about 44 cents

It has been 20 minutes since any trades. This is going much higher..

Within 72 hours of this post, all of the fears of the longs will be eased. Be prepared for a manic spike higher like two weeks ago, except this time it will be followed by another spike even higher.

I told you months ago that it was almost certain to hit one dollar by May, and it happened without news. The kitchen sink of good news will flood in between Wednesday and Friday, and your account balances will accelerate higher in rapid fashion.

This is your final chance to load up. You saw how fast it can move. It basically doubled in price with no new in about two hours. That reminded me of when I triggered the alarms with my buys a few months ago starting under 40 cents.

Hold on to your hats. If the price does not close above 1.50 by June 10th, I will never make another post. I will be back to accept my congrats the first day it closes above 1.50. See ya.

Guaranteed last post. See how you guys like it. Will not post again. Figure it out on your own. My predictions are that IFON will close over $1 for at least ten days before May 1st, and the Dow will be under 15,000 at some point in your lives, so remember this final post. And if the Dow is still above 20,000 by August, IFON will have closed over $2 at least once. Bye bye, flunkies.

Make sure someone bumps this post when the landmarks are reached. IFON over $1 for ten days before May 1st. Dow will close under 15,000 at some point in the future. And if the Dow is over 20,000 in August, IFON will have closed over $2 at least once. I will be correct on all.

You shouldn't have bought so high. I bought low, so I am covered. However you run the numbers, the shares will trade higher soon, and even if they don't I am still in the plus. Go argue about value with one of the marijuana companies about being valued at 300 million with no revenues and one guy sitting in his underwear as the sole employee. Heck, even if you put net working capital at 3 million the company is not in danger of going under.

Go check out Amazon with their 18 billion in cash, along with 18 billion in debt. Take your arguments there. IFON will trade higher whether idiots on Ihub buy shares or not. I hope it stays low for a few more weeks, so I may have a chance to load up. I doubt it will happen.

Every retailer in the country except for Walmart is capable of going to zero, and almost every energy company but for the big ones like Exxon have already wiped out shareholders and have gone bankrupt.

In this environment, IFON is one of the few companies in the world actually paying its way without debt, and without handouts. I am going to make a lot of money between now and the next 90 days, whether you like it or not. If you didn't have such a high average cost, the wind would be at your back like it is with me.

Delisting doesn't matter at all. It is lightly traded as it is. It will always trade on some version of a reasonable market. It doesn't matter if they are delisted. The only thing that could happen is that you might be able to buy shares cheaper, but I doubt that is a possibility.

Savvy people would welcome a delisting so that they could load up. I mean, it is a great deal at 8.2 market cap, so if there is a scenario where you could buy the same assets for half of that, I would think that people would love it.

It is only in speculative garbage stocks with huge debt that any of these questions even matter. In some of those cases there may be toxic financing, or the companies are scams (like DRYS). So, reverse splits aren't so great there. But when the assets are worth more than the market cap, reverse splits will often help. So, if you won Berkshire Hathaway or Exxon, it doesn't matter if they regular split, reverse split, or anything else.

If you get so lucky that they reverse split and the market goes lower than 8.2 million, then you are basically being given free money, as the company is worth the same whether there are 2 million, 14 million, or 60 million shares.

You guys keep sitting and worrying and I guarantee when IFON steamrolls higher in the next 30-40 days (at the latest), you will be piling on and buying at twice the price. Then your tune will change and you will be begging for a pullback (that will never come). So, you will be in a terrible psychological spot as you watch this move higher. Check the price from 2014 when it went from under 50 cents to over $4 in a matter of months. How much did the company really change during that 10 bagger run? The answer is that the company didn't change in value much at all. The perception changed.

People think that the share price represents the business value, when in fact stocks are the only asset in the world where the values change in such a large way during the course of a year. Even the big boys like Exxon see their high price of the year usually at least twice the price of the lows. The value didn't change that much. Most smaller companies have a high price of at least three times the low price during the year.

If the goal is to buy low and sell high, then you have to be able to buy low, in order to start the program. Now, the only way you get a low price is fear, uncertainty, or apathy. Most people cannot value any publicly traded security without the help of others.

The market is valuing IFON at 8.2 million right now. Within a few months the market will likely value it at 20 million. People will be more comfortable when a lot of others are on board, but the higher the price goes the riskier it will eventually be ($5 plus). But guess what, over the last 8 years, when was the least risky time to buy of all? It was at under 40 cents, just recently. Every other point in time, if you had bought with the comfort of the crowd, you would holding the bag and would jettison your position and taken a loss because you were tired of staring at it.

The fools and suckers who sold over the last half a year or so did me a huge favor. I loaded up and will ride the wave to six figures in profits on this, likely before the end of the summer.

109,000 at .446 average, and it should have been better than that, as I had 88,000 at .38 a few months ago, then sold to chase something, and by the time I got back in I had to pay a premium. I almost made a catastrophic mistake by getting out of it, but I was trying to create some more capital to buy even more IFON ( and lost money doing it).

I am in the driver's seat here. As close to zero risk as you can get. I cannot predict what fools might do, but I am sure people will wake up to the value here. Heck, the market maker could raise the price for a few days and create buying pressure because people love to see a price moving higher. Things will get exciting here without notice. When the price moves, it will be fast, and it will just take a day or two of reasonable movement to blast over $1. Then we can shoot for $2 within a month of the launch of the new product line.

You guys are missing the big picture here. They have 12.3 million of cash/net working capital, and the market cap is just 8.2 million. They have already spent consider time, effort, and resources on this new product launch coming up in the second quarter, and the second quarter technically starts in less than three weeks.

It is almost certain that the shares will trade for over one dollar per share for ten consecutive days before May 1st, so if you buy now, you can sell at double that amount before May. Or, you can hold for potentially a higher share price.

The last thing you ever need to worry about is the one dollar price, because the company has no debt, and nobody would short it if they ever had to do a reverse split. They could always authorize a buyback, and even if they just authorized one million dollars toward that, that alone would probably push this over.Operations are streamlined. A new product is in the holster, and even if it doesn't work out, the company still moves forward building brand awareness, and each day that VeryKool phones are sold, the brand gets stronger.

Also, companies get bought out all of the time. I can think of worse ways that a huge company could spend 25 million or so. That would be a buyout of just over three times the current market cap, and the buyer would be getting a nice little brand, with very little downside risk. It wouldn't require extra money to keep things going forward, and since the company has paid its bills for decades on the sale of phones alone, it would be getting a proven successful enterprise.

To sum up, there are a number of things that can go right, and not many things at all that can put the company at risk. The cash balance has remained in a tight range for many years, and during that range the price has ranged from 35 cents to over $4. Same company all the way through, and one day they might just accelerate higher, and when that happens, you would see the market cap go to 50 million or more. But your downside is pretty much where we are right now. Last year the company was losing money and the shares traded for three times the current price at one point. Go figure.

Final warning to not blow this opportunity. I challenge any poster here, or on Ihub, to find a publicy traded company (there are about 10,000 of them) that represents a better value. Better yet, find one company on earth right now, where you can easily buy a a percentage of the company based on a 8.2 million dollar market cap (simply by pressing a button), that is a better value than IFON.

Try to imagine a scenario where IFON shares go to zero. If you know the company at all, you realize that there aren't any realistic scenarios. For every other 10 million or less market cap company, you can easily see a way that they could go under.

This is where you want to be, and if I can secure some funds in the next few weeks, I will be adding to my 109,000 shares. In a way, it will be disappointing when this blasts over one dollar soon, because I should have 150,000 to 200,000 shares. But I almost missed out on this, so I will take one dollar plus, even if I cannot buy more.

That is what I was explaining to the person who said the chart looked bad. First of all, charts are for losers, and second of all, if you look at the history of all great stock moves, the best place to buy is obviously at the lows, and at the lows the idiot chart guys always say that the chart looks bad. After stocks have already made major moves, everyone says the chart looks great.

There is not a bigger idiot on the planet than a guy who looks at fuggin charts. That is why I am quitting this board and Ihub altogether. It is a joke (though there are some decent investors who understand what is going on).

Ridiculous comment. This is an investment, not some scam stock. Why is it that you chart guys always like a chart at the top, after the run has been made? If you want to buy low, you must buy when the price is at the lowest point, which looks like a broken chart to those who follow the hocus pocus nonsense.

Today's 50,000 volume just proves that nobody with money is watching this. All of the posters who make comments are waiting for others to lead the way. Today is a great sign. I won't be posting again, but you can see that out of the 14.4 million shares out there, people are not looking to sell. The price will certainly move higher, but I am wasting time talking about it. I should be spending my time coming up with more money to load up. It is right there in front of everybody.

If you cannot buy here, then what can you ever buy? The company traded for multiples of this when they were losing money a year ago. Now they will almost assuredly never be in the red by a significant amount in the near future (if at all). Things are turning around nicely, and they have 3-4 million more in cash than I thought they might have, and that cash is equal to 50 percent more than the market cap. And not a single dollar of debt. This is what you dream of, when looking for low risk and high reward.

I'm out. Good luck everyone.

When this revs up in the next few days, you will be scratching your head wondering how you didn't load up at under 60 cents. All it is going to take is one buyer trying to grab 100,000 shares in the course of a day or two, and you will see 80 cents in no time, and then it will blast over $1.

This will be a great learning experience for some. In a few months you can look back at today and see how much has changed in the price. See ya.....back to my break. Sitting tight with 109,000 at .446 average, and now that they have turned the corner, I am going all the way to $2 and more. If the product launch is not terrible, we should be at $3 by the end of the summer (not guaranteed, though $1 is almost guaranteed within a few weeks, and $2 stands a great chance within 90 days), as long as the Dow is not below 17,000 or so.

The road is paved with gold. Get in position to gobble it up by buying shares. Then just sit on your hands for a half a year.

The goal in life is to buy percentages of companies for a fraction of what they are worth. If the price was 30 cents, instead of 60 cents, people like you (no offense at all) would have MORE concern. I guess if you could buy shares of a company with no debt and 12 million in cash for 10 cents per share (1.5 million market cap), then you and others would be terribly concerned, bordering on panic.

It doesn't matter, as nobody ever shorts this, and in the one percent chance that they would ever do a reverse split, it still doesn't change the value, as nobody would short into it because they would get destroyed. If your mind was right, you would be excited about the potential distraction that is partially responsible for people not being able the load up. The more confusion the better, if you are trying to buy low. If you want to pay a high price, then you want a bunch of people sitting around in their underwear pumping nonstop.

Notice how the real companies usually provide the best deals. Scam companies may go up faster sometimes, but they almost all go down 99 percent in the end. Heck, a few months ago people thought the company was going out of business. Shares were under 40 cents. For someone not to load up then, they would have to actually believe that the company could trade at under 20 cents, at between 2 and 3 million market cap. The board was quiet then. Most people cannot think on their own and load up when nobody is holding their hand.

Barring a world war, the shares will easily trade over $1 by the time it matters. Even with a world war, you would probably get there. There really cannot be any negative news, and the next earnings report will almost assuredly show even better progress. The only thing negative that could happen, is that people are not too excited about the new product, but it is clear skies until then, and if that new product does not work out, you are still sitting on 12 million cash and still selling 2.500 phones per day, and probably heading to 15 million cash no matter what.

With any type of success with the new product launch, or even the appearance of a likelihood of success, you are at multiple dollars in no time.

Back early. Earnings report was better than I thought (thought pretty much what I said would happen, but always prepared to be disappointed..lol). Don't let the low volume spook you. It just proves how horrific people are at pulling the trigger without the comfort of the crowd.. If the price had gone up to 90 cents today, more people would actually buy and it would go even higher.

Calling for a $1 close by no later than next Thursday the 16th. In the next few trading days you will see the big move up that will attract some attention. Cannot possibly find a better situation out there for 8 million dollars. That is what the market cap is. They have 12 million now if they liquidated.

Pretty much zero risk of not being in business in ten years. It really is a nice little company. The problem that I see is that I cannot buy more, so I will be forced to have this knowledge and not be able to further capitalize on it further. IFON will be announcing even better news soon, likely at the time the Dow and S&P roll over, so people will be looking for solid companies.

If you look at the math of some of the huge volume days over the past month, you can see that those people were accumulating and got spooked when they saw a few others buying, so they finished off their buys. Now that the quarterly results are out (and they couldn't really have been better at all), some of those on the sidelines will be getting back in. Expect steady gains, followed by a few spurts up. Will clear $1 no problem now. Once there, you will once again have respect for Mr Market. You will say....wait a minute...this only went to 60 cents on the announcement on March 9th, but now on March 25th it is at $1.30.....and nothing changed. Well, that is how it works, folks. It is fascinating.

This is a situation now where all you have to do is wake up for a few weeks, and you are practically guaranteed to make over 50 percent from here. Take advantage of the opportunity and load up. There is no way to articulate that this is worth 5 million less than current cash and net working capital, now that they have streamlined the expenses. It is not possibly worth less than $1, even on a bad analysis. They even paid off the 600K in debt. So, 12 million in cash, no debt, and a new product launch coming (that has already been paid for during the last year).

Notice how nice that Press Release was. No smoke and mirrors. State the facts, state the positives, and state the challenges. Legit company that has a decent chance to hit $2 within a few months. There is almost no scenario where it doesn't get to $1 by April, but I believe you will see a few crazy days to the upside that might lead some to believe that another move like 2014 is coming (multiple dollars quickly).

Last comment before I come back in nine days. The only thing you have to watch for is actually a good thing. In the event that they announce a blah quarter with a loss, there could be one or two day drop in price, but it will then firm up and head toward $1 and above.

I would advise you to buy any dips. I expect to see improvement, and any improvement, even if just a small loss, sets IFON up for a nice move over the next two months, heading into the launch of the new product line.

Management knows how to honorably put a positive and realistic spin on this, and they will get to a $1 plus, one way or the other. If they eke out a small gain, and if the cash balance is at least 7 million or so (net working capital, cash, minus token debt), then that will put the floor under the shares and we will likely make a steady move up for a while, unless the world economy collapses during the next few months (and I think it is ready to topple).

Earnings are Thursday, so we are close. I am going to show some discipline and not check anything until about the 15th of March. That way, if there is a dip for a day, I won't have to watch it, since I do not have available funds to buy more. And waiting until the 15th of March puts my odds at greater than 50 percent that I will log in at that time to $1 plus, which will be a nice feeling, and will make the next nine days pretty exciting, as I won't know if it went to 40 cents or $2. Taking a break until the 15th, which is 6 days after the earnings report. Will not even check things. Good luck.

Down to 109,000 shares at .446, as I had to sell 2,000 (1,000 last week and 1,000 this week.....65 and .55 were the sales. Hoping to have 100K plus in the account on March 15th, if not more. Until then.

Big week coming up. It is actually better that we retraced from over 70 cents. A relief rally should come even if nothing positive is announced. If we had been near $1 already, there would be a risk of a deflating pullback, that probably would have been brief, but a pullback nonetheless.

I see a likelihood of multiple positives coming out of the earnings report on Thursday (March 9th). If that happens, it will be a much more enjoyable ride/blast up from 50-70 cents, than from 80-90 cents or even a dollar. At this point, there is a good chance at a double within two weeks, and that tends to put a nice bounce in your step and make you sit up straight in your chair, when checking the price for the first time each day.

Good to go. Calling a close of over $1 by March 15th, no matter what the news.

The key with IFON is the net cash balance (including working capital). This number has stayed remarkably steady for almost a decade. They never really get below 7 or 8 million, and once in a while they get above 15 million. Everything else is just noise.

They had some litigation expense over the last few years that is now gone, and that is a recent positive development. They have also phased out accounts which are not as profitable as the others, and are focusing on the most profitable accounts, while simultaneously streamlining the balance sheet by reducing headcount, etc.

So, it really doesn't matter if they lose a little, or make a little. If the cash balance always stays between 8 to 12 million, then it is just playing with the numbers. They also have already invested significant time, energy, and capital to this new product launch, and most of that has already showed up in past expenses, keeping them from showing a profit.

Whatever they report, even if they lose one million, it doesn't matter as long as the cash balance is not racing to zero, or approaching 5 million or so (net working capital plus cash, minus token debt). And if they show just a minimal loss of a few hundred K, or even better, a minimal profit, even though it really doesn't change much, it will be perceived as great news and will propel the price much higher. Add to that a potential promising new product (may or may not be true), and if that product becomes a money maker, by say, adding one million of profit per year, then even if everything else is break even, you now have a company that has 10 million in cash, and is earning one million net per year.

A company that can generate one million per year would be worth 20 million at a PE of 20. That is roughly $1.50 per share, and that does not include the 10 million of net cash that they already have. And since the new product would be in the early growth stage (if it works out), a legit case could be argued that this company will make a few million dollars per year going forward. A company making 3 million per year would be worth 60 million (given current share structure of between 14 and 15 million shares). That is $4 per share, and you still have the net cash of about 60-70 cents per share.

So, if the new product works, then all you really need to do is continue to break even on the phones, sometimes turning a small profit, and sometimes turning a small loss, as those phone customers are what drives the new product, and there are 2.500 potential new ones per day throughout the world.

Add in a wildcard that is company is potentially one that could be sold, or could also partner up with a larger company in some way, you then have a real possibility of getting multiple dollars in a matter of months, and you could see $5 without too much imagination.

But even if nothing positive happens, the company has shown that it can operate without ever raising money (close to two decades), and the show will go on as it always has, which means that during the times they show a profit, the shares will trade at a few dollars per share, and when they don't, you will get $1 or even under $1 once in a while. But the reality is that the company doesn't, and hasn't changed much through the years at all, but the price has fluctuated wildly. That is called Mr Market. Stock prices fluctuate much more than the underlying business does. That is different than real estate, which may fluctuate only 5 to 15 percent during most years. Also, the value of private business does not fluctuate nearly as much as publicly traded ones. Back to Mr Market.

If we can get this good news in the next few weeks, with a decent earnings report and hopeful product launch, that could propel is forward. I have a feeling the overall market is about to roll over in a huge way, so if the world doesn't collapse in the next 90 days we have a chance at a big run with decent news.

Behind the scenes from this all-time Dow high from a few days ago, things are really fundamentally unsound. The woodshed is busy, if people would actually pay attention to what companies are starting to get taken there. Retail is dead. The housing market in New York and Los Angeles is starting to crack. The FED has to hike, or else the whole thing is an admitted fraud. If they do, then housing goes down further. Commercial real estate survived the 2008 crisis, but it has to implode at some point, as well. SnapChat will have lucked out and had their IPO at the market top of the next 10 years, in all likelihood.

IFON is safe, as it is not like it can trade at a 3 million market cap. It went to 5 million which was amazing. It probably heads over a dollar with decent news (just a week away). Over two dollars with good news, and if we can get something really good we can hit $5 or more if everything goes right. It would be nice to ring the register at $5 in August and sit on cash for a few years, because the hammer is about to be dropped.

Party is over. I told you at $2 it was over. I almost bought this at 18 cents, but didn't want to buy something that had already gone up so much, so I watched in horror as it went up. But it is a scam like most all other MJ companies. Thankfully I got lucky on another scam stock in December (NDEV), so I can sleep knowing that I made 38K in MJ stocks. They all suck.

No matter what happens from here on out, you know that you can, and will lose in the long run here. The short run is way too dangerous, too, as this pig traded at under a penny within the year. Get real. Insiders will be living on islands while you are stating at the computer screen for decades.

However, for some reason I want to see how much some of you who cashed out made. I would actually love to see some wild stories abut lives being changed on total air/scam, and would be happy you did it.

All that needs to happen is a reasonable call/earnings report next Thursday March 9th, that shows less expense and break even or a little in the red, and a hopeful talking up of the new project and we are over $1 faster than you can say: "Hold on to your hats".

Now, if they surprise with even a minimal amount of net profit, or if the new project really looks promising, then we roll past $2 probably by March 15th. And you always have the chance of a major surprise. This is the type of company that could make a partnership deal with someone that could really create a paradigm shift. And one day this company could be sold, and it would be for a lot more than 10 million, which is 65 cents or so.

Not much bad can really happen, and a number of positive developments are likely. Not many are following this and if newcomers want to load up when decent or good news hits, they will ALL pay double this price, at least.