Here’s the BIG problem NOW ---
Mattyboy hasn’t announced any new purchase orders or restocking orders in the last Q, which means people that it isn’t going to be good.
Mattyboy isn’t shy about announcing anything he can and so --- bad news??
I think $INND has blown it’s wad and our great CEO has nothing in reserve!!!
Of course, there are no audited financials, no new Cfo announcements, no new investment deals --- really a whole lot of NOT MUCH!
I will betcha that there were new gutter notes, payments to the Moore family, and what is the deal on the new building lease. The old lease expired in December and isn’t it strange that there is no mention of it being re-signed..- I would think that a related party transaction like a 5 year lease, needs to be put into an 8k.
I think that the company has a real problem now. Anyone telling you that the dip in the share price was tax loss selling is full of sh#t.. This stock is where it is because the market realizes that the upside is a downward sloping line.
Mattyboy is undoubtedly selling gutter notes, because what option does he have really?
“No more dilution” Matt said!! It appears that was a LIE. Which would make Mattyboy a LIAR!
PREDICTION --- The company is out of money and sales have fallen off a cliff!
I wonder even if Walmart is selling through its inventory or we should expect product returns in the early new year…
It’s time to show us Mattyboy that your not full of hot air and lies!! Impress us!!
Bearish
