InvestorsHub Logo
Followers 8
Posts 418
Boards Moderated 0
Alias Born 01/01/2005

Re: None

Tuesday, 06/02/2020 8:43:51 PM

Tuesday, June 02, 2020 8:43:51 PM

Post# of 8765
The company has been very circumspect in their news releases, but they have given clues. They posted a few weeks ago the share structure and even mentioned estimated annual revenue. Recently they announced new deadline for filing, suggested officers may forgo accrued salaries, and suggested they may have the financials posted somewhat before the deadline, which could mean "any time now."
If they follow through roughly in line with what they have said so far, I estimate the stock should be worth around 6cents/share after 10-K, and could pop higher, even before additional news.
If with the financials they post about signed contract extensions or entirely new business, it can go much higher.
If they post news of lost contracts or additional planned dilution, which I consider unlikely, the price will obviously fall.
All things considered, I believe this is a good time to add to positions. All in my un-expert opinion!
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ITOX News