Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
So Grant lied to us? Again?
It was openly stated that he was finalizing the shareholder letter. Months ago.
How about the financials that have been in the works for years?
How about the Vortex patents which were supposedly filed, but have never appeared in any USPTO database?
Shall I go on?
I have a good amount of shares. I'm not posting this to talk down to the company, I'm posting it to hopefully see some results or get some transparency or get some follow-through.
They still have no products and no revenues.
This is going nowhere without something to offer.
Shareholder letter, Grant?
His personal building?!?!?
It's his house. It's not a building.
Stop stretching truth.
That's great, but.....
THEY HAVE NO REVENUE. None. Nada. Zip. Zero.
Wait... $225
So what do they get in return for injecting cash?
That doesn't address dilution.
How do you inject cash into a company without issuing shares in return? You think Klug is going to do so out of his own kindness?
Cash infusion = Dilution
There's no other way.
Hmmmm....
So after selling $225 in thermometers in 2014, they cut their marketing consulting agreements? I guess that makes sense. They obviously weren't helping.
Where are the people spinning this into the news that'll turn this from a $2.5M company to a $250M company overnight?
Pump, Pump, Pump
No facts. No supporting data. Nothing but the same cheerleading words over and over. No answers to any questions.
Man this pumping is getting old fast.
IDNG currently has no cash.
Per the 10-k.
How on earth are they going to bring in their own wealth without dilution?
If they give cash to the company, and that money is lost, they've just lost their own cash. And if the value goes up, they get nothing in return. Does that make sense to you?
If principals are injecting their own cash into a company, you better know that they're going to get shares in return.
Those cash flows = DILUTION.
They do not have the products to sell to raise cash. They sold $225 worth of thermometers LAST YEAR.
Klug bought shares in the company himself already. He's obviously not going to just give cash to IDNG for free. That's preposterous.
Green Day = Pumping
Nice... the trend holds.
When IDNG is up, the pumpers come out to play.
When IDNG is down, the pumpers are slient.
So many questions remain unanswered. And if you ask questions, you're told to do your own DD and sell if you don't like it.
BEWARE OF PEOPLE PUMPING THIS STOCK!!!!!!!!!!
Does your autocorrect keep changing CUSIP to cuspid?
CUSIP = Committee on Uniform Security Identification Procedures
cuspid = tooth
AWFULLY QUIET IN HERE WHEN THERE'S NO VOLUME AND THE PRICE IS DROPPING.
IDNG ONLY ON FLAT OR GREEN DAYS!!!
I disagree - there are certainly sales which have been reported in website posts.
But without any financials, it's impossible to verify that.
Vortex Status? Grant?
On 3/7/14, the following was posted on the GuntherGrant website: "I am pleased to say that today we have been issued a Patent Pending status"
Where is that patent filing? Has anyone ever found it? It's been over a year since that time and amazingly, there has been no word of it.
Let's face it...
Without any proof of sales or income, this stock isn't going anywhere.
I don't care what the supposed master plan is.
As of their last reporting, they had sales of a whopping $225.
And per the 10-k, they do not have enough cash currently to continue operations into the future.
Those are the facts.
Websites....
www.gunthergrant.com is asking for a username & password.
www.gotchocolates.com is a blank page.
Maybe the website updates are happening? Hopefully? Something? Anything?
They'll be crying later.
Just wait until the 10-k comes out. Just wait 15 days. Just wait until June 30th. Just wait until the new financials. Just wait 6 months. Just wait 1 year.
The plan is coming together. Do your DD.
If your money isn't in IDNG, you might as well burn it.
If you ain't first, you're last.
I think I'm doing this right.
Ok, great. Thank you for all your hard work.
Any luck calculating the float?
I did not say IDNG was a scam.
Reading helps sometimes.
I said that those repeatedly pumping it make it appear to be a scam. Much different.
Sheep should stray from the flock sometimes.
Too many people are obviously pumping this stock. It's blatantly obvious to all who visit this board. You want new investors? Not a chance, because this looks and smells like a scam. The same broken record answers and posts go nowhere.
Best of luck.
Please show your calculations.
Misleading info from MNKD...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=114075713
Correction... As Morningstar shows. As cited for reference.
You yourself have stated the float is 40 million. Do you want me to pull up your posts about that? Seems like you're not doing your DD and just following the pumping masses.
So the float isn't 46 million, as you have previously stated. Correct?
Here is a document showing the 50,700,000 purchase
Bringing Klug's total to 108,424,608
http://syndicate.pinksheets.com/edgar/GetFilingHtml?FilingID=10459124
And all subsequent filings support that Klug's (Beechwood) share position remains at 108,424,608.
Fine - show me the math.
I'll wait.
http://www.morningstar.com/stocks/PINX/IDNG/quote.html
Shares Outstanding 360.09 Mil
Float 175.58 Mil
Simple question: What is the float of IDNG?
Here's LarryBear's calculation again:
Standard answer: Do your own DD. Hahaha!!!
Facts obviously have no place here. Anything can be spun positively. And if it can't... ignore it!
If you're pumping a company, you hate people who ask questions, regardless of their motives.
Just spin the inquisitors as people trying to short it and hopefully the masses will believe the pumpers.
Notice... you will never get an actual answer to a question here. You're immediately dubbed as a hater and you're told to sell.
For the record... I am long shares and I could sell now for a gain.
That's not the point of my asking questions. The point is to weed out the BS pumping that's possibly going on. The most active posters here will not answer questions without either avoiding them or going in circles.
Let's talk DD...
Tell me: Klug was advertised here as owning a warehouse for the distribution of many products... When it was revealed that it was merely his house, all talk of that ceased immediately with no acknowledgement of the error.
Tell me: Redhwak bought Xxtreme for $66million. It subsequently sold it for $66M after putting it in a better financial position, or something like that was the description. All Texas holdings were sold. Buying and selling something for the same price isn't a great business practice when you work for months trying to turn it around.
Tell me: Would you take $1 million of your own money and invest it in a company with the possibility of losing all of it, and with no chance for those dollars to share in the profits in the event it does well? That's what has been implied Klug will do with his money to keep IDNG afloat with no dilution. How many businessmen in the world will give you a loan and expect nothing in return? Zero?
Tell me: Rotelli lost control in March. April to December others were in control. Revenue was under $300 for the year. What happened for those 9 months in 2014?
These are real questions. Feel free to answer them.
Asking Questions is not Bashing
There's a big huge difference.
With that many buyers, why no price movement upwards?
DD involves investigating and recognizing both positives and negatives.
Just because you ask questions doesn't mean you are anti something. It means you're being smart and realizing not everything is lollipops and puppy dogs.
Tell me Kenray...
What are your thoughts on IDNGs comments about not having enough cash to proceed with operations?
I have called.