Sunday, December 06, 2015 10:47:26 AM
Tom did say that the fantasy sports business was "highly competitve" which tends to add support to INMG not expecting any potential profits for investors from that part of INMG's activities.
Personally, and it's just my opinion, I believe that the next quarterly statement will show even more improvement, although maybe not spectacular, much better than the previous one-which was actually fairly good. But IMO, the next 10-Q will only be enough to get this to .005, which is a heck of an improvement from .0002. At that point, Tom will decide whether to do a 10:1 RS to get the stock the rest of the way to .05. At .005 I think you'll see a lot of profit taking and new investor money coming in. I believe some investors will bail when that happens with their 25x proceeds (if they've been it since .0002) causing the stock price to fall to .03 but then the company, if it continues with existing production royalties and new production development, which is where Tom excels, will continue to progress bringing the stock price back up.
But that's just my opinion based on this being a pinkie and what's happened so far. Too many get rich quick investors have a tendency to keep pink company stock prices down, which is why I think you'll see an RS to bring it up at some point. That would also reduce the share structure from the billions to the millions. And hey, if the company is doing really well come Q1 or Q2 this next year, Tom could very well retire a fair amount of shares to encourage us to hold on to our stock.
Wouldn't be a bad move. So their are a few scenarios that Tom has that I'm sure he'll be thinking about once the Q4 report comes out. Probably no change in stock structure or need to inform us until the Q1, 2016 though, IMO.
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