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.
Relatively low volume dumps… looks like people flipping out to charge other runners but will be back come PR time. Probably at a higher price.
Let’s go back to a time in the OTC when the promise of shrimp farms sends it to a dollar.
These sites are generally very unreliable when it comes to revs of a private company, which aren’t required to put out revenues … additionally for startups, have to look into funding rounds, and valuations rather than revenues… since valuations aren’t the driving factor in startups vs the revs they aren’t making yet.
Tesla was founded in 2004, turned its first revs in 2008 (15 million) and once it turned out the model S in 2012, got over $100 million in revs. That’s nearly a decade …. For a company with an incredibly insightful CEO it still took time to start generating revs.
OTC traders are being too hard on these start ups by trying to pin down revenues and signs of a professional company when these companies are generally in the nascent stages.
Welcome elks
Now if only some of that PHIL money can move over here… once that 200 mill morning slap unloads… time to bring some of that to ILST.
I do think this is bigger than the previous attempts:
-this is the one Frank was most excited about.
-this is the one that Caren Currier wanted to go public and announce themselves back in July.
Based on her tweets all this year, it seems to me like she has been chomping at the bit to get news out, but it seemed management overruled her.
Then they got in some sort of argument and she left for like a week, then that seemed to get settled and she came back on.
Something bigger is going on because a t-shirt company would have allowed her the ability to go public long ago to try and make as much money as possible and run.
Management has been calling the shots, much to the chagrin of those who have been waiting forever
This looks like the work of a skilled group…building hype…not letting it run too much…the cup n handle locked in yesterday…technical bump today…keeping technicals in tact…I suspect 7s will be wiped early next week leading into news
Should lead to solid bounce on news if the timing works out.
Someone who wanted to purposefully create a cup n handle candle for the technical breakout on top of the news announcement.
Nice HoD close.
Truth… 52 week lows in progress.
Love the movement… traders quietly moving this thing up… accumulating.. eta up for an explosive run on acquisition news
Loading walls meant to scare people into dumping. Let’s go.
Hmmm … they paid $300k for a debt free shell… their stated strategy is to acquire on cash positive acquisitions and build shareholder value. Leonite paid $18 mil for equity in another company as previously dug up in DD… wouldn’t take much for them to spend a couple mil to make this an attractive company from the ground up.
Nice steady green is good. Avoids the dumps.
True if we got some major buying pressure. This is gone. Still relatively low volume.
Yep, at this point …has too many expectations riding on it.
Which at this point…. No point in selling after waiting this long
**Delay
Based on comments on some of my social media channels … many sold on the “seat tactic” … some didn’t see the two week timeline… and some really honed in on the “interim CEO” language. So the PR caused many mixed reactions hence the battle between buyers and sellers… along with the active traders who sold to buy in on the merger reveal
PR confirms the actual disclosure which dropped with their financials on time. That’s normally bullish.
Notice how the mast short attack was triggers by the ILUS company tweet? Disclosure was out, people already tweeted about it… and as soon as PR is tweeted by company… huge sell pressure.
Definitely shorts going after it.
Short attack.
Love the professional turn in tweets from the company. Just focusing on advertising their progress.
Now the play is a foot. We have communication. Looking forward to the Twitter and website coming into play here as this unfolds.
Huge financials in this latest disclosure. Stu has finally perfect his paint recipe! On track for revenue projections.
Lots of buzz over the weekend! Excited to see INTK take off and get back where this should be before the short manipulation started.
Somebody keeps soaking up shares… a lot of them.
Low volume drop with a thin thin level two in the bullish directiob
Agree with your sentiment 100% … if they keep adding value… one day people will catch on and the share price catches up.
Agree 100%
Doesn’t make sense to do it to your own company…especially with all of the time and effort they have already out into this? And tried to control the story…
Much easier, and a lot less energy, to just get a new stake in a new non-related company and convert/dump shares.
Considering the SEC recent actions against companies like PA$O, where management truly did set up an elaborate story… Risk would be too high in todays environment. Additionally, they would have already pumped it by now if they were trying to make the buck in that manner.
Logic refutes taking so much time to buy a shell to just toxically dilute it themselves.
Exactly my thought. Why would they go through the trouble of buying their own shell when they can dilute others to the ground without the trouble of paying $300k and spend months putting this thing together.
Why is ILUS held to such a ridiculous standard out of all of the #OTC?
Any other otc management team can tweet (fart) $100 mill incoming… and the stock pumps… meanwhile ilus has a verifiable actual legitimate business plan to get there and people complain that it’s not audited, uplisted, or people ask why they didn’t report earnings per share?
Why is everyone treating it like a big board? The retail traders standard gets shifted every milestone they achieve. Makes absolutely zero sense.
Agree that as of right right now. Avi’s past performance… combined with his work in Leonite capital, a multi-generational family-run investment firm… two professional NY based lawyers. Caren currier who has brought a lot of value to the OTC, we have enough to go on to say that whatever is coming in will be a banger.
I sat in FERN at .0015 for months on loose associations knowing it would be a banger before it went to .06. FPVD for months at .005 before it went to .10… LCLP at .004 while everyone called it garbage until it ran to .06. All of these weren’t rational hold decisions… they were intuition based.
My intuition is screaming hold right now.
I think it’s such a common name… unless you can find a specific link to Avi and Nachum… t’will be hard to pin down until they give more.
This particular Nahum Greenberg verified it wasn't him - still focusing on Nochum
— Stonkey Kong (@StonkeyKongg) August 5, 2022
If we are going down the route of loose association…. There is also a Nahum Greenberg on LinkedIn who is based in Israel, and the COO of Gulfstream Investments, an investment firm whose mutual fund has outperformed the market for a long time
Would meet the whole thing about Passover/Israel connection…
In Hebrew ch and English h are similar sounds, so if he is signing on as president from Israel, possible that he changed the spelling.
Not a bad thing if he is the owner… wouldn’t toxically dilute his own shell…
Check out the updated company profile details on OTCmarkets.com today… new CEO listed as Nochum Greenberg.