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Yup. It's going to be a great merger. It's 99.9999% not going to be a $1B+ established fintech company. It doesn't make sense for a company that big to go to OTC.
having said that, Apple started in the OTC, but they didn't start there as a fortune 500 company.
The merging company could be a nice Revenue generating company with a massive upside for growth. That would be a home run.
$1B+ company is a dream come true, but unfortunately unrealistic.
Probably a good idea to lower expectations. Fawry although awesome doesn't make sense. They would go BB.
40 cents would be nice for everyone. ;)
Excellent!
Taxes due Monday. More likely they're selling to pay taxes.
Seeing a connection to Han Bio USA. It's Big if it's true.
Low volume. I see more people holding and accumulating. It's thin. People that want to sell have to sell cheap.
Waiting on PRs for more detail into the merging company.
To be fair he said Monday. Not Monday "morning''
Currier merger. Executed LOI and Escrow agreement received 2 weeks ago. 2 Certificates of Designation filed Wednesday.
Could see merger next week.
I'm human. Mistakes were made. Let's move on.
Duly noted.
Maybe I was wrong. IGEX better than I thought.
$34MC. She's getting tight. Watch for the selloff.
Caren Currier created a holding company to handle this transaction. No other shell except ILST have seen this from Caren. I'm expecting a banger.
Two Certificate of Designation out yesterday for stock change. That happens when the merging company is about to get the control block. Just a few days away now.
When there's too much support and not enough selling.
Risky to sell this week. News could come anytime.
Waiting for bounce
Is that right? I guess I am a knobhead. Haha.
10-K out. Company heavy in debt. Only $21K revenue. This will become a dilution machine.
Profile updated yesterday. Looking good for a merger/acquisition down the road.
Haven't paid attention. Why were the trials halted by the FDA?
Stock market is a pump and dump. Look what happened recently. Learn when to buy and when to sell. Now is buying time. If a revenue generating company comes in, buy more.
From what we know, this merger has been in development since June after Frank sold it to Caren Currier's holding company.
Don't quote me on this, but scam mergers take one or two weeks to complete. ILST has taken 9 months to complete the merger. Something big is brewing here. That's a lot of DD on Caren's part.
Very exciting time to be an ILST investor.
This should run past the (MA) 100 and 200 easily on merger news. Tomorrow gap.
We're almost at the finish line and the SP is close to bottom.
MA(50).0072
MA(100) .0092
MA(200) .0092
Caren Currier mentioned releasing news soon over a week ago. It's coming.
That may be, but combined with the no dilution clause, that would be extremely bullish.
Thanks for confirming no R/S. I figured it was a misleading comment. I guess other comments are misleading too. Caren handles the merger. She isn't responsible for the company that takes over. The good news is Frank's shells also have a no dilution clause.
No R/S
No dilution
ILST is safe. You have nothing to worry about here friend.
It's true for all Frank's shells. ILST was Frank's shell. Caren Currier releasing news soon.
Not possible. no R/S clause on all Frank's shells.
Caren Currier mentioned news coming soon.
That is impressive.
Sounds good to me.
If anything else, follow the money. $7M in revs deserves a $7M MC. But valuation is normally 2x-4x revs, so .0055 is minimum. 1c really isn't out of the question here.
I never said new. It's old management.
Old management won it back. They could have plans for it. Likely selling it themselves.
Officers updated.
The current Interim CEO is Caren Currier.