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Wednesday, April 19, 2023 9:53:22 AM
ok on topic ITML went over there and read only the disclosure of change of control.
it's official and only official NOW. JB bought from the estate of larry adams (guy prolly is dead oh well dead or in hiding irrelevant the GPL /ballas relationship continues)
JB buys those 100,000 preferred shares for 25,000 which means he's the sole decision maker on IMTL
I doubt I'll buy into IMTL yet, though its a 6B O/S with only 1.8B left to dump.
my thoughts are that GPL still runs ballas, but they want ballas to be CEO and actually helm the IMTL ghost ship. why?
I think they are going to apply to merge IMTL with UBQU. arguing a symbol change or a cusip change.
as before with GDET my thoughts are the OTC and SEC will DENY any such applications. I think they don't want to have to shake out any shenanigans on UBQU (or IMTL) . even then if GPL wants to "dump" they kind of NEED to get UBQU off nobid. either way it would cause chaos. and imo chaos is OUR ally here t nobid abuying at sub trip 1 and danger to those who have a bearish interest on these stocks.
wonder why it took so LONG for "JB to buy" IMTL. could be that since it was announced JB was ceo we've had mega inflation and are staring at the collapse of the US dollar...so maybe that's it.
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