The formula to make $100,000 off $5,000.
I almost hate to say this because it's the opposite of what the typical get rich quick penny stocker practices.
If you want to make a hundred thousand dollars on the OTC in a year, buy $5,000 worth at .0001 or .0002 after finding a company like this one that has a revenue producing base, no toxic debt, a business plan to produce more content while exploiting the streaming video/streaming channel market on the internet, and other diversified interests, and...wait. Walk away and wait for a price alert to bring you back. Oh, you can stop in the chat room and shoot the breeze, but you're not going to get a change in the pps out of it.
To do this correctly you need about $22k total. Because you're going to do the same thing with 3 other companies that have similar characteristics. They all have to have one thing in common though. They have to have a legitimate product that is already being marketed (producing revenue) but is expandable. In other words, if you've got $50k in revenue from licensed film content each quarter (like INMG), but the company never produces any more content (it's not expanding), you end up with zero growth and a bunch of pump and dump schemes. And you end up only making a few thousand dollars off a pps that never really developes.
You're playing the odds that within one year you're going to get some movement on at least two of your four picks. If two of them go from .0002 to .001 you'll get $50k off two $5k investments. The odds are that one will go much higher and that if you wait for a whole year, the others will do something too, although probably not nearly as good as your best pick. One of my picks that I've been in for the last 7 months has gone from .0005 to .0069 and then droppped but is now back up to .0039 and on it's way past a penny within a month or two.
But the key is to pick the four stocks with potential, invest, and move on. The problem with us penny stock traders is that it gets in our blood like gambling. It almost doesn't matter if we're losing, as long as we're trading (playing the game.) So save a couple grand for the fifth stock and play with that one. But leave your other previous picks alone. Flip the 5th stock to your hearts content.
And wait. It'll usually only take 6 to 9 months. Oh, and one last thing, avoid the startup companies that are peddling an idea or a patent. Especially if it's been more than 12 months without results. When the patent is applied for it can take up to 30 months for it to be approved. Let someone else invest in it first. If it's really that good you won't miss the boat if you come in on it after it takes off. Most of these types of investments will string you along and tie up your money even if they don't go down in value. A startup is okay if they've got product that's already producing revenue.
It's a strategy that's worked for me. The only problem is that it's rather boring. So in the end, most will not stick to it.
I've got a feeling that even if INMG doesn't make it to .05, it'll at least get to a penny within 6 months. And that's a 50x profit.
All for waiting...
