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I wish Leslie were a bit more vocal but he’s not.
I’d say that there isn’t much opportunity here right now for all the reasons I’ve given, unless you don’t mind having your money tied up in something that may or may not happen. There are better opportunities out there right now and I think that that is one of the reasons we’re seeing this current turnover.
My thinking is that that is exactly what we’re waiting on, which may not even happen this year. It seems the whole business plan is predicated on legislation passing.
Better opportunities ahead to buy and accumulate for those that can hold and wait. Might have to hold and wait quite awhile, as I do not expect any news anytime “soon”. For good or bad, Leslie is quiet and on his own timeline. Unfortunately for shareholders, we have no idea how long the wait will be or what the catalyst is we’re waiting on.
No doubt that it will happen but when is the serious question- 1 week, month, or year?
Someone got tired of waiting for news.
I know the feeling.
What’s preventing him from giving us a more current update?
Not a great week here and no idea when news will be coming.
Some pretty big buys so far today.
I still think the sp is being manipulated down at these levels and that someone is loading up.
Pretty sure this is not dilution, we’ll see in a few days
Same here.
We officially broke down below .01 today. Watching L2, you can see the mms bring it down.
It’s only going to get worse until real news is announced. Unfortunately we don’t know what we’re waiting on exactly.
Not if no one knows how long we’ll be waiting.
It’s a waiting game at this point and no one is really selling, or buying. Hence the low volume and huge swings.
Saw that too and wasn’t sure how to take it. My hope is that they have been working on deals and are not just now starting, but the way things have been playing out, who knows.
2 more today if you look closely
We’ve seen the 911 trades two days in a row now, but still no news. Seems more like some joker messing with everyone.
Give it a few more days, without news there will be better opportunities.
What a brutal day here
Super low volume. I’m afraid it’s going to drift lower and be manipulated until we get solid news and can bring in volume again.
Yeah, very surprised by the lack of interest today. Not sure what it’ll take to really set this one off anymore.
Loved this line too.
The way it’s worded leaves it open to interpretation on where they are at- could be next week or it could be months from now.
Great day here overall.
Pisses me off everyday I open my account and see IDLM down 99.9%. Marcus Frasier has to be one of the most despicable people I’ve never actually known personally.
I’m waiting to see if it happens too, or if they file an extension. Obviously nothing has happened here in the timeframe we had hoped for and I doubt that this will be an exception.
While I still think things are happening in the background, I also think that any sort of announcement is a ways off yet.
That is painful to read.
I saw the writing on the wall and finally got out with a small loss. Too many other tickers out there with real management and real business happening to waste my time waiting for something to happen here that probably won’t happen. Only wish I would have gotten out at the top earlier in the year.
Good luck to you all, I truly do hope that things turn around and that they’re able to make something of it.
Just reread the recent Form D and this caught my eye: “Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer?”- answer: No
If not for the JV or merger, then what is the money to be used for and why do they need to raise money now, at this point in the process?
Not being negative, I just don’t know and hope that someone with more knowledge of such things could shed some light.
I’ll be picking up some more too as funds clear but am surprised at the lack of interest from the market to today’s filing.
Things are lining up, just a matter of when. We still don’t know what the catalyst will be that opens this up though.
Not making much of a difference in the sp today, people must be a little gun shy with the recent decline.
This is good news, let’s keep it coming. We don’t know when but things are getting lined up.
I don’t know how much of what we’re seeing are the mms vs. people just getting tired of waiting and selling their shares. My feeling is that we’ve somewhat bottomed out for the moment but could drift lower the longer we have to wait until any sort of update. Which, as I said yesterday, could be awhile, based on the last communication we received in September.
I still feel that this is a good investment long term, just unfortunate that we’ve come down so far from where we were because of a perceived lack of movement from management.
Can’t disagree with this.
Though I do wonder how MJ legislation and the SAFE Banking Act play into the timing of INQD’s business/announcements.
Thanks for posting as a reminder, it’s good to refresh my memory on what has already been stated.
One sentence that stands out to me now is “The Company will continue with ongoing efforts to establish its foundation to begin implementing its business model…”. “Establish its foundation to begin…” sounds to me like maybe they are not as far along as we thought/hoped they would be by this point and that any M/A activity could be a ways away yet.
Ha! I guess we all need our hobbies.
I’ve seen a couple people here over on Twitter. Been on iHub for many, many years and am fairly new to Twitter.
I figure if we all make enough noise it may be heard.
I understand and appreciate that Leslie doesn’t pump anything, but at a certain point it seems like it would be okay to at least reassure shareholders that things are progressing, even if not at the pace that he or we would like.
Your door to the face is my kick to the nads.
We don’t even know what the holdup is or what we’re waiting for right now. A minimal amount of communication would go a long ways.
May of 2020 - February 2021
Gempicker, thanks, I always appreciate your take on the situation.
Do you mind elaborating a bit on the .01 and .015 executive options you mentioned? Where did you get these figures from? Are they connected to the .41 conversions that came out recently?
TIA.
As much as I’d love for the speculation of us being in a “quiet period” to be true, I don’t know of anything the company has going on for that to be the case.
Per Investopia, a quiet period is usually between 30-40 days, depending on the type/ reason. And, again, to my knowledge, nothing that has been announced so far would qualify as needing a quiet period.
Unfortunately, or fortunately, depending on how you look at it, this seems to be a case of a quiet CEO that will not announce anything until he is ready. How long will we have to wait, who knows, it could be after hours today or it could be next year.
As I’ve seen in other tickers I’ve been involved with, a lot of times this offloading of shares is a company that provided a service and are just getting paid, and don’t really have an interest in the shares as an investment. Not sure of the situation here, though.
It’ll be interesting if we see anymore tomorrow or not. Without the T-trade showing up after the bell, the chart would look pretty good for a reversal.
Odd little trades- 285 shares @ .003675
Someone bringing it down on purpose? Who would buy so few at such on odd price?
How is someone able to dump over 100k shares without someone buying them? And, why would anyone buy idlm shares at this point in time with little hope that anything will come from them?