I just dumped a 100k of this dog as a test @.062. It will take me over a month to sell out of this at this volume. I am pretty much finished with this company and have come to the conclusion that they are selling out in the hopes they can make some money with their ICO and fold up. In my opinion, the company has hung the investor out to dry. They have outright lied to us. They have skirted revealing anything having to do with revenue (Because there is none) but made us believe they are fighting for a market so huge we could all make millions from a few hundred thousand shares if they can grab even a small piece of that space. For anyone stating, "well they are not into copyright infringement anymore." I say, THAT'S WHY I BOUGHT THIS COMPANY IN THE FIRST PLACE. And remember they told us they had a bunch of copyright infringement cases in the works. WHAT HAPPENED?
Move to today. The business model changes to CPM based model. I like it! A win-win for the artist and the web owner. The company changes from its crowdfunding source to funding from an ICO. No problem, this has proven to be an effective and positive method of raising capital. But wait! They are making big promises and have no revenue. They made big promises about all the copyright infringements in the works, the possibility of a new office in New York and another in Asia. Nothing mentioned ever again. I am afraid this dog is dying. All my attempts to contact this company to ask reasonable questions were never returned. My questions were in line with SEC rules and regulations. This stock is so bad they are not even pumping it to dump it. What a head trip. I wish I could tell you guys when I am selling, but I do not want to spend time in jail. All I can say is the company does not care to support the stock price because there is no news to support it with. I would minimize my exposure to this dog and consider it a learning experience.
I have no need to hype this poorly run company. How do I even know they have a viable product? Anybody using it? Is anyone getting paid for their work? I am so glad I stayed away from the ICO, and never considered investing via minivest. I am sickened by management, a bunch of geriatric fools now looking to get suckers to buy their worthless coin and probably fold up shop. Sorry guys, but I am finished with this DOG! And I will be getting out and licking my wounds for months to come. Let's see how low we can drive it. I am so disgusted and care about IMTL as much as management does NIL! I pray they can prove me wrong but I am just an investor, they are seeking ICO buyers and can care less about me!
As always I wish you all the best.
Biff
