Simply Inc. (SIMPQ)

[jamesnames]

Prepare for 80 cents and higher this week or next. They still have to get to $1 plus by the end of October (for ten days in a row), so they will either announce good news about the merger concluding (plus positive comments or product launches, or further Apple initiatives, or they will reverse split, which might actually help attract new buyers at the higher price).

If you check Cooltech Holding and their SEC filing on April 27, you will notice that it coincides with IFON's filing that same day, when IFON had a sneaky update about change of control, and not having the annual meeting.

It is not a stretch that Cooltech insiders, and those associated with this upcoming merger used that day to try to load up on some shares. The shares started the day at just under 50 cents, and went to 1.04 that day, but traded a ton of shares in the 80's. This would suggest that Cooltech and Infosonics insiders all know that these shares are worth way more than 50 cents, but were dumbing things down to get this merger done, as they waited a number of months to let the shares leak again before doing the deal.

If you check the Cooltech site, they have a strategic advisor named Michael Serruya. http://www.cooltech.co/site/. His family knows how to make money by selling companies. I have a feeling that he was given some of the shares (or all of the shares and warrants) that are a part of this deal. He and his family know how to extract money in these types of settings, and don't discount the possibility that APPLE may buy the whole thing in a few years. APPLE is looking to branch out further into Latin America, and there are numerous twists that can, and will likely happen, in the near future.

I suggest you hold on to your hats (and shares), as it is time that we finally see that second spike above $1. It has tried five or six times since January to blow past that level, but each time it has gone for 40-50 to 70-$1, it has leaked back down.

Shares are churning at near 40 cents and by this time next week we will be at double that, if not more. If the wind blows just a little bit, shares will double within a day. Be prepared to make some money if you have shares. Time to roll.