Image Protect Inc (IMTL)

[biffbifford]

IMTL is a long shot. After they diluted the company to under a penny a share, they killed IMTL (IMHO). Still, the idea they are selling is not something found on the web. So, I would think that if you are a risk-taker and can afford to have some extra cash sitting in a sub-penny stock, IMTL "could" be the next big company in monetizing copyright infringements. On paper, IMTL solves a real problem for content creators. The drawbacks for us shareholders are that Larry Adams has no experience in this area, which is why we got Goldman. The company is strapped for cash, which is why we are seeing it try and survive buy diluting the stock. I wouldn't mind so much if Larry were open and honest with the shareholders, but Larry has been so shady in the past that I have no respect for him whatsoever. It is or hopes the company has the infrastructure and the backend proprietary algo's to deliver on their big promises. Because they make NO MONEY, have no revenue, how have they been keeping the lights on? Why hasn't Goldman been filing form 4s with such perceived cheap share prices? What is the contract the company made with Matt to get him on board; they cannot afford to pay him, so what was Matt promised? As usual, more questions than answers. If you read my prior posts, I have a 5-year timeframe for this company. I am on year three and not very happy, but you never know!

Best,

Biff