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I believe if you invest through minivest you have to hold the stock for a certain amount of time before you can sell it. There are people holding millions of these shares that would like to just dump them for even a small profit! I tried to sign up for Image Protects service and kept getting an error message. I am not very impressed with the website as it is all standard templates. I am interested in knowing how they are growing their business model. I can careless about a website design, twitter design -- I need real numbers and projections! Some of us hold so many shares of this stock that we could KILL any small uptick in price by dumping our shares on the open market. This company needs to get a plan and articulate it... Pronto!
Best,
Biff
Image Protect has updated their Twitter page look, as well as their homepage. I am wondering how much is actual substance and how much is a facade to push the Token sales. We need Pro-forma information, and we need it soon! I have always felt that news on the company's future would come soon after minivest funding completes (23 days left as if the date of this post). I am afraid that even if this company has earth-shattering news the selling will eventually suppress the buying we're back to these levels.
Best,
Biff
It looks like we are breaking down (duh). I am hoping they deliver some earth-shattering news before Mueller finishes his investigation!! I signed up to purchase the token and have not heard back. Has anyone purchased the coin? I am also a bit skeptical about how the coin was marketed. But, we have no other choice than to wait and see what happens. I had given myself at least one year. I have been in the stock since October 2017, so we will see what happens!!!
Good luck to you all!
Biff
Does anybody know where one goes to purchase these tokens? I cannot find "IMAGE" on any of the exchanges, nor can I find any PR on the public sale, aside from the IMTLs website.
Best,
Biff
I am curious how successful this token sale will be because I am unable to determine IMTL's marketing efforts. I have to believe that they already have big money investors lined up to help create a demand for their ICO. I would think that financials should be forthcoming in an effort to substantiate the token value. For those interested, here some crypto/token information for fun.
https://www.fxempire.com/crypto/icos
I wish you all good health, happiness, and good fortune. I will be beside you guys as we move forward with $IMTL. After reviewing the second draft of the whitepaper I noticed some of the images they used to illustrate how their product will function online -- used the brand, Red Bull. Could this be a copyright infringement on their part or a possible message of a big new customer yet to be revealed????? We'll see!
Best,
Biff
It is interesting to note that minivest.com is showing IMTL back on their front page with total funding, as of the date of this post of $700k ($80k or so higher than my last post), and 51 days remaining. I would expect news by Friday as the first presale date of their new Tokens are Sunday, April 15, 2018 (see page 19: http://imageprotect.io/wp-content/uploads/2018/03/Image_Protect_ICO-WhitePaper.pdf). I would be wondering about justifying their token value without financial information forthcoming. Other than that, trading appears low volume in anticipation of news.
Best,
Biff
Minivest (crowdfunding) ends in June. It appears the 620k that was in the minivest escrow account has been withdrawn this past week. There are $41 (dollars) showing as of the date of this post. Big things are happening with this company. Innovative 21st-century funding of their business model, Trademarked software to protect intellectual property and MONETIZE it! It is my feeling we are a week or so away from some financials as ICO value will be primarily defined by the companies infrastructure. we are sitting on the cusp of a new business model in creative copyright protection and monetization.
Best,
Biff
Competition. I think we saw some inside accumulation. I found some information on what seems to be the competition in this space. While we wait for something to happen this may provide some interesting reading and, or, information to those interested. Hang in there! June will tell many tales of things to come! I will be buying more!
https://copytrack.io/pdf/Copytrack_ICO_Whitepaper.pdf
https://copytrack.io/
Good fortune to you all!
Biff
There is no reason for this stock to be trading above .015 more than a day or two. Equally, there is no reason for this stock to trade below .015 for more more than a few days.
Why? Because minivest funding has not been completed. As of the date of this post there are 84 days left to complete crowd funding. You can purchase shares through minivest for .015, so what we are most likely seeing are trades between the market makers trying to drive out weak hands. This kind of volatility sometimes happens right before news. I am not saying that is the case with this stock, but just an opinion from someone with over 25 years experience trading.
I am in no hurry. I feel that the company is holding back on a flurry of news to be released when all the funding has been completed.
I am hoping to read about a new office opening: maybe in New York by years end. I am hoping to see some financial information along with projected growth outlook. I feel this is coming BUT not until minvest funding is complete. If you wish to know why I feel that way, look back at me earlier posts. Until then, I think this is a really good company to be holding, both short term - 1 year or less, and the future appears bright for the long term.
Just remember that this stock will RUN on any perceived good news and retreat within a few weeks. Know where you want to take profits and establish your trading plan so you don't get blind-sided by greed, or taken by fear; stick with a level-headed approach to trading. See you in 84 days!
Biff
I am still buying. This stock is consolidating. Any positive news should move the needle big time. 103 days until minivest funding ends! Hang in there, folks!
I don't want to be a pill as I own just shy of one million shares, but I have some concerns about the people running this little company.
1. Is the technology used to find images proprietary, and if so, has IMTL filed for patents, trademarks etc...
2. The people running this company are over 50 years old; some in their late 60's. Not the kind of people looking to wait years to hold on to their investment.
3. I feel this stock is in a holding pattern while minivest funding is completed in a hundred and thirty days or so...
4. If this company acquires even a tenth of the growth it's anticipating, do they have the management to handle said growth?
In conclusion, I feel that this company is setting up to be sold and the entire business model is based solely on that theme. This would be great for us if it is acquired by the right company. If anyone has any thoughts they wish to share I would appreciate the input.
The best to you all in 2018!
Biff
It is my opinion that until IMTL completes its minivest funding this stock will trade between .015-.020. I have been quietly adding to my position with the hopes that Lawrence has been adding shares for all the right reasons. I would sit back and wait until minivest funding has completed. If this stock were to double now, you would still be able to buy shares for .015 through minivest. So it is my opinion that MM's are keeping us in a tight trading range. This is a new industry and my hopes are we have hitched the car to the right train.
Happy New Year to you all. See ya all again in 150 days.
Biff
Bid/Ask spread. Anybody notice at one point this morning the bid/ask was as much as .02? This, in my opinion, is meant to slow down the trading volume and drive the stock lower. It seems MM's are trying to shake out weak hands. I assume that this can only mean news must be ready to come out very soon.
Good Luck
Morning Star has reevaluated IMTL's fair market value to .03 per share. It has also changed IMTLs undervalued status to even lower on the undervalue scale. This document was released November 5th.
Good luck all.
Biff
Crowd Funding information: I actually got a headache studying for my next chess match and read the entire IMTL crowdfunding investor information documents and highlighted some interesting areas the company is looking towards in the next 12 months. This information is publicly available, just sign up with minivest and you can download this entire document.
Strategy and 12 Month Outlook
Assuming we are able to raise at least half the funds under this Offering Circular, the Company plans to use the funds raised to hire more staff and open an additional office location in New York. This will give us a
bicoastal presence here in the United States in two major hubs for photographic data. Additional staff will also allow use to scale our operations and process more infringements as well as continue expanding
development of our software to maximize efforts. If the Company is able to either raise the entirety of the Offering or generate substantial revenues from our growth, we will begin to set up offices in Europe and Asia.
Again, this provides the Company with more processing resources for finding infringements. International expansion has additional benefits as well. First, and most importantly, it allows the Company to expand into
other jurisdictions with staff more familiar with local copyright process and infringement laws. Secondly, multiple times zones of operation allow for seamlessness 24 hour staffed monitoring. In a digital world where
infringement is sourced from all over the globe, the ability to have hands on monitoring leads to greater success rates. Lastly, particularly in Asia, the Company will benefit from lower labor costs.
Competition
Currently, there are four major competitors in copyright protection. Picscout, Inc. allows for users to “track” their images as they travel around the internet. It was purchased by Getty Images, Inc. in 2011, giving them
great resources for expanding its operations. Although, Picscout, Inc. does provide copyright protection, its products are generally focused on preventative copyright protection through their proprietary software suite.
The Company’s current operations are focused on post infringement protections and monitoring. We believe this market will continue to be the dominant sector in the image copyright protection market. A more direct
competitors are ImageRights International, Inc., Copyright Defense League, LLC and Pixsy. All provide a similar services of using proprietary software and methods to scan the internet for copyright infringement.
However, we believe we can continue to distinguish ourselves by pricing, success rates and scalability.
Market
Currently, there are no reliable resources for measuring the market for our specific products and services. However, there are several ongoing trends that directly impact our business and the market for our products.
Firstly, greater computing capacity and quality digital images being readily available through even the cheapest smart phone has caused an explosion in the amount of photographic images being uploaded to the
internet. Instagram, alone, reports an average of 80,000,000 photos uploaded per day from approximately 450,000,000 users. Although no statistics are available for their photo uploads, Facebook has approximately
1,600,000,000 users, near 4 times that of Instagram, 95% of which have uploaded at least on photo. Yahoo’s Flickr.com photo service saw 728,000,000 photos uploaded in 2015. There are multiple sites for uploading
and either storing or sharing your photos as works of art or design. Businesses and artists promote their products and work through the use of images. These find their way onto social media, but also with search
engines that only search for images, even the most obscure blog post can be found with the right search terms With continued growth in internet use and lower prices in data storage, these trends will only continue for
the coming years. Image Protect needs only to capture a percentage of this market to be successful.
trefontane: I read your questions. I do not have time to get deep into the financial weeds right now. I am studying for a chess tournament. Morning Star released an Quantitative equity report as of November 2, 2017 with some interesting information that might clear up a few ambiguous details.
If you have not already seen it, you can find it here in my shared folder for your review. I will have more to post as I get time.
https://drive.google.com/file/d/0B9YGP2cfVLQ2SnpkRldwYzMxUjA/view?usp=sharing
Please advise me if there is a problem accessing the pdf document. If you are concerned about viruses (and you should be), run it through virustotal for a free online scan here: https://www.virustotal.com/#/home/upload or use your own security software.
Best,
Biff
P.S. I am liking the volume in IMTL
Because these types of stocks are less regulated than those listed on the national exchanges, a company trading OTC that seeks secondary funding sources would normally we a warning sign. Any investor should take a closer look into what the company attempts to achieve with the capital from the secondary funding sources. In this case, however, it appears based on the volume and recent insider buying that all signs lead to a healthy earnings report and continued growth that should, by all accounts, offset any dilution as a result of any additional shares offered through secondary funding (should this be the case).
What has become obvious is:
Profitability Analysis
"Although losing money on a net basis, IMTL is one of the more profitable companies in the Internet Software & Services industry. Its gross and operating margins are among the strongest of any peer while their net margin is above the industry median."
The book value of this stock is .02 as of today which is where it is trading. It appears if they cannot achieve the one million in additional cash from crowdfunding, they will have the ability to grow as planned without it: it may take a bit longer. I will post more information and provide explanations as time becomes available.
Disclaimer: I have a significant position in this stock. I am also unfamiliar with FINRA rules that govern OTC stocks. I am not affiliated with any market making firms, nor do I represent or own any websites that attempt to hype market conditions for OTC: BB stocks for the purpose of pumping and dumping them. I am just a curious investor trying to contribute to this thread.
God Bless,
Biff
It appears that this company is working quickly to get this stock off the pink sheets. According to minivest.com, the company has raised 50 percent of the one million it's seeking in capital with 210 days to go. They want to open an office in New York and a third somewhere else (I forget).
IMTL will become more volatile as we get towards the end of the year. OTCBB stocks are HEAVILY manipulated by MM's, so when you see orders that do not seem to make sense -- it's probably MM's holding a stock price down to accumulate shares. Then when the pressure builds on a high volume day they will release it and sell on the ride up leaving all the fools who want to ride the rocket holding the losses. Set your sell orders. This could run to .20+ in a blink of an eye and before you know it back to .018... Know what you want out of this stock -- DON'T BE GREEDY! I want my initial investment back, then I will be playing with the house's money.
Good Luck,
Biff
I am new to this board. I like to hear people that feel like they have invested their heart, soul, and hard cash into a penny stock and then have doubts about the company's future, or just figured out the people running the company maybe crooked. I have been investing for 30 years and NEVER trade the pink sheets. The odds of making money in pink sheets are very slim. What strikes me about IMTL's business model is that it's new and fresh and badly needed. I know professional painters and photographers who have had their work used on the internet for others financial gain.
I did some due diligence into this company and do not feel the CEO has the experience to take it to the levels it has the potential to reach. I also know that there is a real need for this kind of service for protecting copyrights. I like the fact that the float isn't so bloated as I have seen in other penny stocks. This company has a vision, and a real product to back it up. I hope there is more selling -- I have seen this happen in the big boy exchanges right before earnings. it's meant to shake out the weak hands. I LIKE IT. It's a small investment for me. I am not greedy and have 3 years to see if this company can do what they say their gonna do. if you have your food money in this stock or your savings in IMTL -- GET OUT NOW. Just like Vegas, invest no more than your prepared to lose. Without risk, there can be no reward. This is my first penny stock in over 25 years, and I only took a chance because I like the business model. If this company can do half of what is's claiming, I can make a few dollars and invest it back into the big boy exchanges.
3 years people -- if you don't have 3 years -- get out! Don't forget the CEO purchased over 2 million shares up to .03 cents a share. He did this a few months before earnings. I like the fact he has his own skin in the game. He doesn't have the chops (IMHO) to run a company that has the growth potential like this one, but, nevertheless, he doesn't want to lose his investment as much as you people want to lose yours.
God bless,
Biff