Lawrence is getting hammered on his shares which he purchased for well over a penny a share! I would assume if he thought the price would fall under a penny he would have waited to accumulate, being that he could own more than twice as many shares at these prices. $IMTL has been desperate to raise money, even hyping the ALT-Coin they were going to try and sell which went bust right from the gate. I am afraid $IMTL is poorly managed as I have written many times in the past. They are definitely struggling to survive and making every effort possible to milk their shares for whatever they can get to raise cash! I am in on average at just over a penny and get sick every time I look at my shares. MILLIONS of shares just seem to fade away as I have been clinging to hope and every scheme they concocted over the past 2-years to raise money! Until they get a big name, they are gonna dilute this to see how many times they can slice a penny and pray they have a billion-dollar business model. I am so sick if management's inability to return emails, answer simple questions, use IT to push their alt-coins with no knowledge of their earnings potential. I will have owned for 2-years October 2019, and I can say, it makes me sick to watch this dog just go lower and lower and lower and lower and lower, and read about MORE dilution and managements inability to clarify where the company's financial position is? We are in a business model in the hundreds of billions of dollars, yet the company can't seem to even break even and risks shareholder value by continuing to dilute the stock. I am sick of this company, and even worse, committed to their success!
If you're new to this stock, be prepared for no less than a 3 to 5-year wait to see any profitability from this dog. MM's will run it again and drop it like a rock. We should get another run in late August, early September 2019. Good luck!
