Tuesday, February 12, 2019 8:03:20 PM
Normally I'm a buy and hold investor. 2 years ago a guy at work told me about INMG. Got in really cheap, sold at a double in just a few days, caught a nice little bump. That pretty much hooked me in.
After that it was about the prospects. The more I learned about Coleman's attitude toward dilution, the more I realized this ticker had a shot, even it was only based on the share structure. Being a first mover in the media/marijuana space convinced me to accumulate shares and see where it goes.
INMG fizzled, Tom was never going to get CannaNetTv off the ground, there was only so much he could do on his own. I'd wager he looked for buyers and couldn't find any. The share structure was still very compelling, in the OTC share/debt structure this tight is a unicorn. Find it, you should buy it, regardless of the business model. Tom didn't quit on us, though. He found what amounts to a buyer, a new player with a better business model. Bruce and Co. were all too happy to land in such a nice shiny shell.
Fast forward to DMAN. Once the current management team came on board, I started to accumulate again. The more I learned about their history, contacts, stated goals, business plan, the more shares I bought.
I'm likely not done buying. DMAN, IMO, will hit several dollars in the next 2 years if it doesn't get bought out, which is pretty likely. Once REVENUE! is part of the mix, and with the share/debt structure we see today, the stock will climb. Then the real sharks will come calling. The kind with the resources to buy the whole company. We just have to hope this thing rockets, any offers will have to come in above that.
If a buyout at $1 doesn't put $1,000,000 in your pocket, I have to ask why you haven't bought your share yet?
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