I respect your honesty and give considerable weight to your optimism for success. But, if you had started your DD with my posts, I may have saved you some money. People respond to me as if I am the leper who is losing his mine. I have intimate details about the background of this company and its employees. IMTL is not being run and managed by young people; on the contrary, I think the average age is about 60 years old.
What boggles the mind is that on the surface, the idea or premise that the company developed into is genius! Jonathan started the company to protect his photography. I remember one year the company hyped earnings -- this was well before the current business model came to be. They were saying that they were going to show a profit, and they hyped it to no end! Well, the earnings report came out, and it was for ONE copyright infringement case and near nothing money-wise. I knew in my heart these people were thieves, but Larry kept putting out form 4s; that signals to investors that he knows something big is coming. Well, I think he realized how much that stimulated volume, and since all other methods to raise money had previously failed, they hired a new firm to handle the MM and voted to increase the A/S shares to just under 4 billion. I think 3.7 billion is accurate. Then came more form 4s, a few articles, and all the things mm's do to stimulate interest. But the only thing that encourages volume more than a good earnings report is insider buying! Larry kept the game going. I also noted that the website seemed flimsy, and the original techniques used to find images on the internet could be programmed by a 13-year-old with open-source APIs. When I asked the company if they were hosting on their servers and if we had proprietary software with patents pending, I got nothing. Of course, they stopped answering my questions when I started asking about earnings, profits, customers, and advertising! Then I noticed that people were showing up to this thread, which I never saw before saying they just spoke with management, and great things are coming; this started to become routine and seem to appear when the volume was falling. I have taken a lot of crap from the BELIEVERS, but I don't give a crap if I can save someone from losing their money in this stock, I will have done my civic duty. And if anyone is interested in buying this stock, just start with reading my posts. I post on no other stock, but IMTL. From that dd, you will see the evolution of how we got here and why I am such a pessimist.
So, Biff, what would change your perception of IMTL? SHOW ME A POSITIVE EARNINGS REPORT, or explain why we don't have a big name celebrity in any area of life choosing to use our product to protect and further monetize their image?
I do not respond to private messages.
Best,
Biff
