So I guess another IMTL meeting happening on Monday. This time we can ask questions without submitting them first. We (the investors) are part of some game that I believe was started with good intentions but was not fully understood by management -- this being the ICO. Why have we not heard a single thing about how this ICO is going? ICO's do not fall under the same regulations that govern stocks, so let us know if this is a success or not! I give this company an "F" for effort, "F+" for marketing, and a grade of "idiot" when it comes to communications. The last time we had a webinar or whatever you call it, it was boring, drab, uninsightful, and a pure waste of time. The questions were submitted in advance and the answers completed in advance of the gathering.
It was my sincere hope this company was being set up to be sold! The people running this outfit are not young enough to wait 10 years to build the customer base to make this a powerhouse. There is virtually no marketing whatsoever. Jon keeps getting paid back monies owed him with interest. Can you imagine being a minivest investor? At least they got it cheaper than I did, and where was that money declared in the financial statement? It ended in June and at the least should have been noted in the MD&A section along with the current status of the ICO. I feel played by this company, but not at their expense -- oh no, at mine! There is no volume cuz there is no interest. Short of them being bought out by Google or FB, getting out of this stock will prove to be quite an endeavor. Many of us are just looking for the mm's to run this dog so we can exit and never look back. As for me, if I unload it along with the others it will kill any decent gains made.
We are left to pray. Let's see what happens tomorrow afternoon. As usual, good luck to all of you especially those of us that have defended this poorly run company.
Biff
