Those timeframes are correct for financials. But Tom says he'll put out a press release when he has something "material" to report. Maybe that's tomorrow, maybe that's in Q4.
I'm not an advocate of making guesses as to when information will come from the company. I think that's a fool's errand. I've got 3mm shares tucked away in the back of the sock drawer. No matter what the information is in the 2 items that Tom says are in the works, I'm quite certain they won't provide enough value for me to part with even a single share.
Probably lots of folks reading this are just waiting for the first opportunity for a big flip. But the sad fact is that there are so many of you, with millions of shares ready to flip, that there will not be enough buying interest for even a fraction of your shares to get sold for the big flip.
The only way everyone on this board is getting out with the big flip is if there is a boatload of new buying coming from folks not on this board. The only way to get their attention, if history is any sort of guide, is for INMG to produce REVENUE!
If INMG is producing a growing REVENUE! stream, there's no reason to sell, it's a good investment. This is why I'm convinced that INMG is a LONG term play, not a flip. With 4 streams pumping cash into the coffers, and ever increasing REVENUE!, I can see myself holding most of my shares for 10 years. Imagine holding 3mm shares when INMG is in a position to start spinning off $0.25/year in dividends. Or how much money you could bank on that pile of shares by selling covered call options. If I didn't think these things were possible, I'd start selling my 3mm shares and move on to something more lucrative.
The opportunity cost is this. I'm crushing it in Chinese stocks, energy stocks, a few shorts in dead companies walking that have obsolete business models, tech stocks, options, and distressed debt. But I truly believe that the most money I'll ever make in one position is INMG. Because I can see what Tom is trying to do, and I have the experience to let him do it.
This is the difference between owning and renting. If you can't explain to a 10 year old what your investment is all about (props to Buffet), then you shouldn't put your money in that investment. Most flippers don't truly understand what the company is trying to do, they just want a blizzard of PR's and some fast cash. This is why most flippers will only ever flip and not truly make life altering gains.
Own it.
