Independent Film Development Corp. (IFLM)

[Value_Investor]

Why? Who is that Huge 0.0004 seller (with 90M shares at the ask)? Why selling so many shares at a single price? Wow, he owns nearly 20% of the Entire OS which is an Huge percentage ownership!

I bet he will dump those shares at 0.0002 as soon as tomorrow since the bid at 0.0003 is too weak --- mere 400K shares!

He might crash the price down to 0.0001 again! But I don't think IFLM will crash to "no bid at all" unless he has much much more shares (not just 90M shares) to sell...

Anyway I don't understand what caused the otcmarkets.com to assign the toxic "Caveat Emptor" label to IFLM? Why the company management did not appeal the decision to remove this very bad label?

Well, the MMs can always buy any stock (including all the "Caveat Emptor" stocks, such as IFLM) they want! For example, when the individual investors could not buy GME in the same time the MMs still could buy GME! It is unfair, but it is true!