iEntertainment Network (IENT)

[Inorout]

IENT is not a private company. Since IENT is a public company, management should be acting like a public company by filing Quarterly Reports and Annual Reports so shareholders have financial transparency. The reason there is no liquidity and volume is not from a lack of sellers but from a lack of buyers. Look no further than the total lack of volume and the ridiculous bid/ask spread. With the bid/ask spread so wide, why would anyone consider buying at the ask when the bid is often 50% less than what they paid? Would you buy any asset today that you could sell for 50% less tomorrow? Why would anyone consider buying a stock when nothing is known about the financial condition of the company? It's my opinion that with zero financial disclosure and transparency, IENT should be suspended to protect investors. Finally, i could care less that the company doesn't issue fluff PR's. All I'm advocating is for reasonable corporate governance from management. The fact is, Stealey and Hammett haven't made any financial disclosure since the merger, or had a conference call in over a year, or answered any questions publicly whatsoever. No financials, no communications, no nothing other than meaningless PR's about game tournaments. Is anyone really surprised IENT price per share is stuck with no trading volume? Now ask yourself, why would any company hide its financials from shareholders?