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Thursday, February 04, 2021 6:48:15 AM
Right now, the market cap even at $0.01 would be only $600K. And the float is only $130K. Of that float, Haddock owns a fair amount, and it might be that he is unable to trade. So, the shares that could actually trade would be only valued at under $100K. And a 5M bid would be HALF of those.
Somebody bought up all of my shares. Selling them was worth a lot to me in the form of tax losses. That's life I guess. What a fool I was to think Marcus would muster the managerial excellence needed to run IDLM or to let Raphy run the business for him...
Anyway, with this share structure and with Marcus unable to issue shares (or even take his shares off restriction), it would be possible for IDLM to run several hundred percent from here, very, very easily.
It is possible that Mikey or some others were waiting for the bad news on the sale of Datpiff to come out before starting to run this up?
Best of luck to all still stuck here.
I am obviously NOT an investment advisor.
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