In Phonic, Inc (INPC)

[analogdog]

TOTALLY OFF TOPIC

don't bother with that one.... trade it... in a year you'll be diluted to nothing.
They distribute unsigned talent for the most part. They just started collecting these artists... and somebody "awesome" to design their website, and complete it in a month? They announced in a PR "we will not dilute". The CEO and officers claim to be working for nothing. Hey, they are related to Mother Theresa...
They compared this totally not yet started business or website code with "Google" and "Myspace". Wow this must be good.
there may be money to be made in it... if they are on time with anything... generate a product with a large enough catalog to present it to, and all this with unsigned talent... but that revenue is some ways off. They need to get a catalog large enough to warrant distribution. A bare website isn't going to work.

People never work for nothing. These guys have been hustlers for a while. They hustle in the music business. Trust me.. music business in my experience is full of snakes and con men. Most that comes out there mouth are lies, or at least inflatd truth. They are rabid self promoters. And how do these guys who have never been CEO's ever hear the word "dilution".
They will find a way to get paid. Most music people are absolutely horrible with their personal finances. They can't afford to work for nothing.

But that's just an opinion..... I just think you could use that scratch a little more shrewdly... and I don't think it's parked in the right spot. Only "long term stocks" I will hold in any significant value in will be Big Boards. Long term for me in a pink? That's a loss waiting to happen, unless you trade up to free shares, now that's a different story.