I hear you... The problem has been their silence. And you have to admit that this company's original business plan was centered around copyright infringements cases and how HUGE that market space was for that. Then, out of nowhere, they change from a copyright infringement based company to an advertising-friendly CPM company based around copyright imagery. I am fine with that, in fact, I like the idea very much, except when they can't answer simple questions. How do I know when my kid is lying? She only tells me what she thinks I need to hear and not what I need to know! I have a lot of money invested in their little experiment. I also feel they have thrown the shareholder off to the side in lieu of the token investor. I am also a crypto-investor, but I need a real product to back. Without solid financial data, how do I know this token is even worth $.10? They are not making any money, they are not generating any excitement in the market space as is evident by the volume. After a webinar people should have found the information so compelling that being a shareholder or token investor is a must. But as usual... NOTHING.
I am also starting to get the feeling they don't like me. I am half tempted to buy them out and shut them down ( my anger speaking, of course). But, I have thrown to much caution to the wind with IMTL. They need better communication with the shareholders. They need to tell us what the money from minivest will be used for, and are they on track with the ICO. I am a big boy. I am okay with bad news as long as they are trying and working towards the goals they set out in the whitepaper.
Management is starting to sound like bad time-sharing salesmen. Gimme something to chew on. Stop telling me how large the market space is, but how much of the space they are fighting to consume, and how will they do this. I am sold on the simple tech behind the business model -- just be fair and honest! That is my point!
I am in because I can't get out. I am Long because of attrition.
Biff
