Ideanomics Inc (IDEX)

[JimWin]

i don't think that the directors lied outright; it just hasn't worked out as they expected it would. It doesn't look as though they have had any traction to speak of to date.

Given additional pressures on the price (e.g dilution) the share price can easily sink into the 1s and settle and the mid 1s

Positive news is only likely to give the share price a temporary bump; it's revenues that matter now. If they can get the revenues right, the stock will shoot off.