I saw Pan Am go bankrupt. Their airplanes were not being washed. Then to survive, they sell good assets. Look at all the big bankruptcies of Lehman Brothers, World Com, General Motors, Conseco, Texaco, Chrysler, etc.
Innovous paid off some debt. They are not selling assets to stay alive. Innovous completed their office and warehouse facilities. The company does not look like a nickel company.
I have wondered why the stock went down on supposedly good news. Sometimes to lower one's position, the big boys sell on good news.
Only time will tell whether this company survives.
Some smart guy said it is difficult to predict, especially the future.
This company is a long term speculation.
