Here's what an INSIDER is saying about $INND
Apparently, $INND and the Moore More family are so far behind in the paying the bills that the office building payments are not being made;; I don't mean that $INND isn't paying rent but the building owners {you know who that is} aren't paying their lenders.
My source is saying that though $INND and the downstairs tenant are paying rent, Daddy Mark is using that money to keep the family lifestyle going, and is still falling behind.
Apparently, the move to a new phone system is because it is cheaper BUT; more importantly; it is a virtual system that means if AND when the building is foreclosed on; they can operate from remote locations and keep up appearances that the office and company are still ""IN BUSINESS".
I have been told that not all staff are being paid their full wages, though Mattyboy's sister is; and the company is being besieged on all fronts from angry creditors.
Including the phone company who were also cutting their service.
Online sales are NOT happening.
Walmart hasn't reordered any product since the purchase orders that were announced. The products aren't selling and those that are, are being returned in droves --- haven't independently verified what a "drove" is however.
They've received notices of default
Stores with hearing kiosks in them are demanding payments and threatening to remove the kiosks for non-payment
and, worst of all they can't find ANYONE willing to invest in them now. Its apparently pretty bad.
Layoffs or staff departures are happening/
Mattyboy keeps putting on a brave face and telling staffers that there is a financing that is imminent but when my person asked the bookkeeper specifically who, she said that they couldn't discuss because it would constitute insider information --- VERY CONVENIENT of course.
About this new share 1/A investment??? there are no investors currently. BUT Mattyboy did pay to have the filing prepared -- it's not anything though except window dressing he is using to convince creditors that there are secret investors.
He has bought himself weeks already by telling creditors that there is a big share offering coming down, and only filed the 1/A so it looks like he's telling the truth.
Sad reality is that this will never come to pass.
Other nuggets of information have been shared but if mentioned might narrow down who's doing all the talking.
At the end of the day though, Mattyboy is surrounded by a demoralized team, who don't believe anything he says and some are secretly looking for other jobs.
It sounds like quite a great work environment going on over there.-- I guess you reap what you sow as the saying goes. Shouldn't be long now before we hear more bad news!!
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Just my personal opinions or information passed on second hand. Don't shoot the messenger
