Idle Media Inc (IDLM)

[wadirum1]

JMHO, but I don't think Frazier will ever resume reporting. I think our best hope is that he sells IDLM.

I figure they are probably earning about $1M per year (inclusive of whatever massive salary Frasier is putting into his own pockets). At 1c, which is where we were earlier this week, the entire company's market cap was $600K. That's a P/E of 0.6. A sale would occur at a price 10X or 20X this price -- which is why I continue to hold.

Wadi