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Yep and yep.
After a reread it’s not as bad as I initially thought when I looked at my account this morning. While a delay is not what I obviously was looking for (but was prepared for), the stated reasons for the delay are intriguing.
I’m tempering my expectations for what, if anything, we find out tomorrow.
News could come anytime tomorrow or even possibly Monday…. Or sometime down the line. Wouldn’t be the best way to handle it but I don’t think that there is anything that says we will get any info tomorrow.
Kind of crazy some of the events happening today, with the LOI to be completed tomorrow.
The clock is ticking….You’re in or you’re out by this point. No more BS.
And, should mention, the chart is supercharged right now.
Well, we should know one way or another in the next week or two.
I think LB has no other option but to come through at this point. As you said, it’s been a long couple of years, and should culminate on the 7th. If he doesn’t come through, it will not be pretty.
I’m losing hope on the SAFE banking right now, but other than that…
The chart is looking primed for a breakout. I will be watching over the next couple of weeks whether they are going to let it run or if there will be another drop before the 7th.
That’s the same line I’ve been focused on too. It’ll be interesting to see how quickly they’ll actually be able to ramp up and start doing business or if it’ll be long and drawn out.
3 weeks (or less) to go.
Born and raised in the Battle Creek area, in CA now
Thanks for reposting this, it’s a great reminder for us all. Rereading it, along with LB’s tweet today, really has me excited for the future of this company.
It could still be awhile yet before we see real fireworks but I’m still hoping LB comes swinging out of the gate in 3 weeks… or less.
That’s one of the big ones I’m waiting on too, if that deal is still in the works. I haven’t heard about it in quite awhile but am hoping it’s still in the works and we get a surprise “someday”.
I expect news any day now. Whether LB gives us one piece of the puzzle or a few successive pieces, to keep any momentum going and to reach new highs, is yet to be seen. He has been very reserved when it comes to updates thus far, so it’ll be interesting to see how things may change once everything is finally finalized- I’m hoping he will be a bit more forthcoming with concrete plans for the company.
New month and the volume has stopped, one month to go before the official end of the LOI. It’ll be interesting to see how this trades over the next few weeks as anticipation builds or until news drops. Also whether or not we’ll see another company share increase at the eom like we have been seeing.
Definitely workings going on in the background. Wouldn’t surprise me that what we’re seeing right now is the company selling shares for one reason or another- in furtherance of the plan. Seems like that happened one of the last times we got updates too.
Seems someone has picked up that signal the last couple of days- some very nice buying action. We’ll see if there’s any follow-through beginning of next week and if we can pierce the resistance line. ..and, if we get any news from Leslie…
Not sure about this but would love for you to be correct.
My reading has been either impatient traders, paying bills (“dilution”), or a combination of both.
We’ll, so much for holding the line. As expected, without news, the bottom has broken on low volume.
Not a problem long term but disappointing if one was looking towards Leslie’s “next week, and the next, and the next…”
Anyone know if the deal with fincann is still in play or not?
Thanks for the clarification. You’re right, they said 51%.
Gem, you mind clarifying what you mean by the “entirety of Electrum Partners”?
And, agreed, Leslie is totally setting the stage for this to go to the big boards. With the current share structure, I’ve been wondering if we won’t see a reverse split announced sometime after the LOI closing.
It may, but I fully expect it to go back down too. I think we will be trading within a range from now until the “real” news hits sometime over the next several weeks or months. But, after that, good luck catching up if you don’t already have shares.
Very nice update today. I’ll be curious to see if there will be any further updates between now and October, or if they will finish the LOI early and announce it. And, if they will be finalizing any m/a in parallel, ready to announce once the LOI is completed. Also, how any potential legislation plays into the timing of above.
…and today
I guess we’re all just waiting for the boom to begin.
I’m hoping for an avalanche once this gets rolling. The accumulation is very high and if trading like today’s is any indication, it seems like people are waiting it out, waiting for the snowball to begin.
Winter is coming.
I’ll be curious how soon after the closing of the Electrum deal before we see confirmation of any m/a activity.
I’d like to think that Leslie is working the various deals concurrently, so the once Electrum is finalized he is off and running. But, history in inqd has taught me that this/his process is sloooooooow.
Gem, I agree and my thinking has been very similar over the past number of months.
I would also add that I do not think we will see the real fireworks until end of the year/ beginning of next year, as it won’t be until October when the Electrum deal is supposed to be be finalized. Then, it will still probably take months before any m/a activity can happen. That’s not to say that we won’t get pops here and there, just that this is going to be a slow roll until we see the real action.
This is a good reminder that this process still has many more months to go yet, before we see see the real “meat” that Leslie has been working on.
I didn’t think about saving the world, but other than that my thinking is the same.
The way LB has been communicating lately, I really thought he was going to make an announcement yesterday
Good end to the week and congrats to all that have been here waiting. Looks like we might finally be at the end of that and the beginning of what we have been waiting on.
On relatively low volume too.
Doubt it but hopefully you’re correct, I have funds waiting for a nice drop.
Crazy how little interest in today’s news. Had this happened last year, we would have had a nice little bump.
It is unfortunate that this didn’t all happen last year when the markets were in a better state. We’ll eventually make it to dimes and quarters but we won’t have the added tide of sentiment working with us.
We’ll have to see how things are later this summer, when legislation heats up.
I don’t think he has a reason to dilute, he’s actually been doing everything not to dilute.
I am waiting for some 4s to pick up more, anything lower, all the better.
This was my read on it too. I will not be surprised or upset if we do not hear anything next week about the LOI, and potentially several weeks to hear about any acquisitions. These things take time and we know that Leslie is taking his time, being methodical, and doing things the proper way, so I expect to be a number of months out until everything fully comes together.
It’s going to be a long month+ here
Looks like there may be some good buying opportunities over the next couple of weeks for those willing or able.
It’s been surprising to me how little volume or interest there has been in inqd since the 8k- to me, bringing Electrum into the fold is huge and I would think that we would have more attention here than what we do.
Very nice update today- always slower than I’d like but things are definitely coming together nicely