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My cost basis was around there too. For 4 years I was swing trading to lower my cost basis. Got it down to .0018 at the end of last year.
Yep they will follow. I've been with this stock since 2013. If I sell it all now I would actually make a profit for the first time lol.
I've held it this long so I might as well hold longer now.
I know the troll you're talking about. That is why I stopped coming to this group.
From what I remember someone posted that amazon stopped selling emesyl not too long ago. Just checked again and saw that it was back on their site selling again. FYI.
Duhhhh...captin obvious. I know promoters artificially boosted the pps. I just found it hilarious it shot up right after you posted you were the reason for the low pps and you will stop posting and see were it goes. Lol
And here we go again... the boards went dead because nobody wants to hear more of your bs. You sold your shares for 10k like you said and made a profit. Why are you so angry.
Been loading for over 5 years now. I know the trends. If this was coordinated with ITNS and a promoter they would have released news the same day. This was an isolated pump and dump buy a promoter. It went up in hype and nothing else which is why it back at .0008. No good news released to keep it up.
Yep it will be back in the trips. Usually after a promoter gets a hold of this stock it goes even lower. It will probably be at .0005 in a few months. Hope I'm wrong though.
I brought you back? Wow I didnt know I had such powers. Usually you have to say someones name 3 times before they appear.
I hope you did sell and make money. That's why we are all here.
Reload? Why? After all your posts you are going to buy more? That's just asking for more heartache.
I find it really interesting that Bobby stopped posting and it immediately takes off....hmmmmmm.
Wow that was a while ago. We've been with this stock for way too long....
Someone else posted about that. From what I remember it was someone just saying they should try to get it into that chain store. There was never any news about that happening, just someone wishing.
No posts today and it went up to .0012 hahaha.
Not understanding a word you are saying... I understand economics quite well but I'm missing something in the actual words you are using. Jumping from Jim beam to bible verses is confusing.
Almost the same slander bipolar rants of dr10 in 2016 also. Every other post from him was hating lawyers, mark, and saying this is a scam. Posts are almost verbaitum.
Thank god!
That doesnt even make any sense. No significant amount of shares have been sold since he posted that news on this board. How did he make a lot of money dumping shares posting he found emesyl plus?
Lol good one
There are 0 shorts as of 6/29/2018 so not sure what you are talking about. Check itns quote on otcmarkets.com for short interests. Shorts aren't driving this down. Its lack of interest.
He definitely is not a marketing man. But the hope was he still made some connections outside of his marking guy and can go straight to the big markets to say "hey I brought you zicam that made you money, we have emesyl that is ready for market".
I inferred he still had connections because of his Hensley distribution company ITNS partnered with but later cut ties.
Agreed they need a marketer that has a strong relationship with brick and mortar stores. From my understanding Webimax is PR and not a distributor. They don't need to advertise right now, they need to get the distribution market going to get sales. They can float for a bit if they can make revenues to offset the now low operating costs.
I'm waiting for that filing too. Good point about the reduction in operating cost. This is why I jumped back in. They cut their large salaries so this means they really have no money right now. This is a make or break year for them. They aren't going to get anymore private loans like they were doing (and this is seen cause they stopped paying themselves a salary. No loans, no money).
They said they don't care about informing the stock holders but now the only way to help the company is getting the pps up. They can't rely on loans anymore. THIS is why I am accumulating. The only focus left for them is bankruptcy or drive the pps. To me this is a buy signal. Can anyone else think of other options out there because I really can't think of any others.
Yes my initial thought was they already have Dr. Hensley who went through all this so it should be easy for them to get to market fast since he did it with zicam. Why can't he use his channels like he did with zicam? So frustrating.
They do have him as heading up the pharmaceutical division (I read somewhere in the repprts) so I'm guessing he is working for them still.
My prior posts do that. I even explain all the math, include a link and say on what page the info is on. But there is so much Info in there I grossly encourage people to dive into those reports if they really want to know what's going on in the company. You can get so much resolve from them it's a great resource.
Dang 3 cent. Sorry man. I lost faith years ago and only came back because i think this company still has potential and right now it is undervalued at this pps. I am accumulating to get my adj cost basis down so I break even.
If I come across news I'll post but I run the numbers game and don't keep track of Amazon reviews or follow news in general which is what everyone wants on here.
Close. Keep going further west. In Hawaii for the holiday weekend. Not looking forward to going back to the east coast cold but my students need me. Which is why I had the time for the light banter because I wasn't working.
Sarcasm noted lol. You are welcome ;) I'm glad you guys are finally reading the filings for once and making educated statements.
These are indicators. You make it sound like I had a magic button I pressed to make it go up. If you are playing roullete and 00 hasn't hit in a long time, you start playing it. No news has hit in a long time for itns and no one was playing (low volume) so i jumped in. But when the person next to you plays 00, loses 10 times in a row and then it hits, you don't blame him for not telling you to play 00 that turn.
Wow you are something. You guys are just clinging for anything and when you come up short you blame everyone. I'm suppose to tell all you guys when to buy and sell? Yea the one second I say buy and it dips down you would all be threating to sue. I don't give buy and sell advice when I am actively trading the commody. I am helping you guys sort out the nonsense. But if you want to drink the koolaid I'm not stopping you.
I got in 5 years ago cause a stupid promoter when it was .0169 at the time. That's a 93% loss on thousands! I am as frustrated as you guys. What I'm not doing is making wild accusations about other investers. We are all in this together so let's not turn on each other. Everything I have said is based on facts. I even tell you guys the link and pages to find all this info. Is this not helpful? Cause my time is valuable and I don't want to waste it on this forum if it's not appreciated.
Are you accusing me of something? So you know everything about me cause of my 12 posts and me joining less a year ago? I purposely stay off these things because of the idiots on here. I've been reading the forums for a long time and all it is is false info and speculation backed by no facts. I do my own due diligence and I am kind enough to share it with you guys and you blast me like that? People on here saying how they are holding their stock till it hits 1.00. I'm trying to inform them how that is not possible; saving them from loosing their entire investment.
Lawyers? Serioisly? I can throw a rock where I live and hit 100 laywers. I am investor on your side who has lost a LOT of money on this company over the last 5 years. I'm talking 10s of thousands here. I'd be on your side if you open up a CAL. In fact if you do, let me know cause I'll join the cause.
Lastly I trade on technical analysis. Learn about support and resistence lines and that indicates when you buy and sell. Barchart.com has great resources for that and they calculate them for you.
I've only been responding to you because I thought you had a better head on your shoulders and I don't want good people to lose their money. That last comment from you makes me think otherwise. I have no problem keeping my opinions to myself like I have done the past 5 years.
The automated stock trading systems put the .0001 for a mil in as a trading baseline. They also have bundles at .25. This is just a way for the systems to keep the stock alive when there is low volume. Nobody is shorting this for a million. The short interest is only at 18000 shares.
I enjoy your rant only because you are saying things I want to say. I have been trading this company for more that 5 years and I share the same frustration. Why the hell is it taking so long to get this product out?
There is a LOT of rumors about short trading, insider trading, etc. I keep telling people to READ the report filings. They tell you everything about what is going on. The lawsuit against myecheck and how they have not produced the app they paid a lot of money for. How it's not possible for them to do inside trading because the owners are actually canceling the stock they own. You cant sell stock if it is canceled. How they stopped paying themselves a salary and are working for free. How the owners have contributed millions of dollars of their own money as a 0 interest loan to keep this company going.
There is a lot of info in those reports but nobody wants to read them.
You can see the short interest on otcmarkets. Last interest was in jan and was only 18000 shares. You can't make any real money in that. Nobody is going to start a bashing campaign for 18 bucks. The most I've seen was 1,298,009 in Aug 2017. Nobody is shorting this right now. You can't short this stock really. It's actually hard to short pink stocks. If you can, the volume is so low it's not worth it. The drop in pps is due to lack of selling volume and lack of interest.
Pink sheets are a different beast than established companies. You buy in lack of news and sell on any PR release.
Lol I was the one acquiring right before they released the news. Not insider trading. Like I said, trigger hit, no news for a while it was expected spike up. I was collecting for about a month so I consumed about 90% of the volume. It was good timing cause right when I hit my number of shares I wanted it went to .0020s within that week cause of the news.
You can figure sales out from the financial filings. Open the quarter reports for Q1 Q2 and Q3 of 2017 and around page 14 and 15 you see the quarter results and the cumulation report for the year
Q1 sold $0
Q2 sold $1440 profit $203
Q3 sold $1760 profit $704
They have an inventory of about $30,427 left after Q3. This is how much they paid for that inventory. Just guessing by looking at Q3 they are making about 40 cents profit on the dollar for their product. So they are sitting on 30427 x .40 = $12,170.80 profit at the moment.
There were tons of reason to buy at .0007. This stock only goes up when a news release comes out. 2017 had hardly any news so it had to be coming soon. And with technical indicators showing a buy signal at 52 week low and at a resistence level, it was a perfect time to buy when under .001. Don't need insider trading to know that.
Outstanding shares dropped because they canceled 124,200,000 shares that were held by officers. Yes that hardly happens. Usually a company would buy shares back and cancel them but the officers gave up their shares.
There is potential still you just have to understand where the limits are. Let's scale boiron down to ITNS level. Their profit to market worth is about a factor of 25. (2 billion market worth/ 80 mil profit = 25).
80 mill profit / 40 products so say 1 product is making 2 mil in profits. Because Itns need to capture nausea market share and it's not a new market, let's say 1 mil in profits a year from emesyl in about 5 to 10 years. Scale that by 25 and their net worth will be 25 mil. Divide that by stocks outstanding 25 mil / 1.5 billion and the cap for pps .0166.
If we skip math and just assume they have a product worth 150 mil (like airborne was sold for in 2012) then the pps maxes out at 150 mil / 1.5 bil = .10
ITNS pps will never reach that high under its current share structure. Boiron is worth 2 billion and nets 70-90 million in revenue with 40+ products. ITNS has 1 product that they can't get off the ground and they are hemeraging money. Their net loss is over 15 million so far with loans of around 1.5 million. For this stock to even reach a dollar the company would have to be worth around 1.5 billion.
It has not been that long since they filed. Do a search before you make that claim.
Fillings are "Pink current" and they have their 2017 2nd quarter posted here
https://www.otcmarkets.com/stock/ITNS/filings
2017 filings have been published for almost a month now. A link to their filings are on their investor relation page at http://itonisholdings.com/investor-relations
Direct link to their list of filings here
http://www.otcmarkets.com/stock/ITNS/filings