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90% of PR's the last 2 years are false....
During the prior 2 years, the company put a series of small "updates" (that's an overly kind way of putting it), touting that even though they were working furiously to get all the auditing and financials in order, the company was still wheelin' & dealin' and making record sales with the major Canadian LP's right and left.
Fast forward to the most recent 10-K and subsequent 10-q's, shows rather flatly that the time period these "record" revenue periods were supposedly occurring, actually shows MASSIVE revenue drops and debt increases during the same time. Obviously now the company has gone all but silent on social media, and it would be a bonafide miracle to get ANYone from IR to answer or respond....
I've been bearish but hopeful on these guys for 2 years, giving them just enough benefit of the doubt to be proven flat wrong in the process. I'm glad I sold my shares when the price jumped back to $0.20. I have seen absolutely no reason to buy back in. Management has taken a promising niche product and company and destroyed it within a span of less than 1/2 a business cycle. That's almost the only impressive thing they've ever done.
Shane and Curt Fairbrother are flat crooks.
LOL, sure is quiet these days. Wonder why..... A 15% correction and run on Gold still couldn't push this thing past .0001 BAHAHAHAHAHAHAHAHAHAHA
IHSI has always been the plaintiff...
IHSI is contesting the actions of TCA with regards to the loan promised for Cresent, and subsequent ownership. So, this deepens the intrigue by 1% since the whole proceeding is a sham anyway. It also kicks the can down the road another 90 days... IHSI may be cited for securities violations before then.
I think their behavior thus far indicates their respect for shareholders; which is none. I don't see the lender capitulating (why would they? They hold all the leverage). And I don't see IHSI dropping the suit (unless forced arbitration by judge) because if they drop or lose, this case is the only thing between them and bankruptcy.
I presume you could petition the public info from the clerk of court. I doubt either company is gonna say much.
$1100 worth of shares is not "heating up"....
The 10k is the 4Q + TTM. They can't file a 10K for the 1st quarter. They are still late on 2Q10Q2019, 3Q10Q2019, and 4Q/10K2019, with 1Q2020.
And thus far, they only get worse with each additional one they put out.
Great stuff... bringing TruTrace along for the ride.
Oh my...that is un UUUUGLY 10-Q...No Wonder they delayed
Then you should bail. They don't need to pump up the stock. I knew what I was buying into at $0.055. If the price was at $0.50 you'd be complaining that it was too high.
The current price is more than fair based their QoQ revs. Their market cap is $4.5million, and their run rate based on last QR, is $1.2 million, which put them at a 4:1 ratio. Factor in debt load and COGS, it's closer to 12:1, which is close to average for the sector.
As of right now, you actually have a ton of buying power. If these partnerships start proving themselves out, you'll lose that power because the price will skyrocket, and you know that. So, use this interval to accrue as many shares as you can, trade a small percentage to add to your core holdings and stop complaining about a gift.
I would think that'd make you happy.
Those others you listed, are all executing, just like Ianthus....They had an established name in the markets before Ianthus gained the same level of traction they did. Which means Ianthus is performing in the same ratios those leaders are, only trading at a 55% discount. What Ianthus' main problem is, people are only looking at the price action of the last year and staying away. If they did some legit homework, they'd be piling in. I hold in a position in almost every MSO. They're all doing well. Ianthus is my largest holding, as they have the highest return available.
Looks like the end of march.
Q3 ends 1/31, so they have 60 days to report.
Fiscal year ends April 30, so that report should be released ~7/31.
Q1 ends 7/31-report should drop ~9/30
Q2 ends 10/31-report should drop ~12/31
This is all based on past disclosure release dates.
Tried to short a few shares. No Go. Market makers are holding this thing tight to the chest.
Saw where Galarza sold 500,000 shares recently. I'm assuming they're going into the black out period before Earnings. I'm sure he wishes the price were considerably higher....
Staying... you're implying he's there a-workin. "that scenario" is his tacit affiliation, nothing more. How many hundreds of millions of shares you think he'll have via warrants and convertibles? 500? 750? Lets see, we'll give you warrants at .0001, with no restriction on exercise price or date....
He dumps 100,000,000 this past fall when they pumped it to .0008, he pockets $80K, and they, the company didn't even have to write a check. All you had to do as a nice little shareholder was buy into the pump. Good job.
...Next?
Who's taking bets on when the Pump-Tweet-Parade starts?
It points to he's-getting-paid-to-stay. Laughable defense.
Fres was right! Big buying today. 95 shares. Ninety-five.
Agreed. Otherwise, they shouldn't be delaying financials.
I help out slight hope they'd have improved some things, but it seems they have not at all. In fact, done more of the very things things they spoke about not doing in the CEO letter.
You are tragically bad at FUD.
No. It isn't. .000001 is coming.
I hope IHSI gets delisted and Devon gets arrested for securities fraud.
Send me a sale coupon for your shares @ .12, I'll take em.
What news did I miss for todays fireworks?
What's coming? Bankruptcy? That article is 2-yrs old.
Of-course-not! Russ needs that derivative idiot revenue
It's no where. Duff is a hack. The posts lack substance and truth.
It would be nice if the company was a little more proactive is information sharing. Maybe the sparseness in PR's is by design. Either way, there's not a lot of daily volume on this company.
I do. They-Paid an attorney to provide bona-fides.
"I have BEEN ASKED TO ACT as special counsel FOR discovery minerals Ltd (the “Issuer”), specifically, to prepare this Letter of Counsel (the “Letter”), in accordance with the applicable laws of Wyoming and of the United States, regarding its corporate operations and level of disclosure of corporate information.
That underlined part?, thats stated at the very beginning of the letter, means everything stated subsequent will be written in good light on behalf of the company. Apparently the company is experiencing Mens Rea (a guilty state of mind) and felt the need to quell some of the outlast via social media. Won't work. The company is trash, and thus far has no legitimate assets beyond paid-in-capital from shareholders.
Click on TT profile;hit ignore. Clears him from thread.
Ok, cool. IHSI focuses on losing. Change my mind.
Desperation starting to creep in, aye? As it should
No, it is not open. These are arbitration conferences, with the Judge acting as such. They are not open to public, as it says in the press release, only legal counsel and management agents or administrative personnel may be present. You CAN go to the courthouse though, and camp out and hopefully ask questions after the meeting adjourns (Kinda like the press does). The information should be on the court docket online.
yeah, it'll blast to .000001! It'll be a blast!
Final arbitration before trial. Devon lied again...shocker!
Thought it already happened.... keeping-the-lies-alive eh?
yup. it's called 5 zeros. $0.000001 imminent.
You think they'll release Q1-19/Q2-19/Q3-19 & 10K-19 at once?
There's no real reason why they should be waiting to release the delated 10-Q's. unless they haven't finished them yet, which given their complete f*cking ineptitude, wouldn't surprise me at all.
That means nothing to DSCR. They aren't mining.
Yes, we know. It's a disaster.