ISBL Update:
ISBL claims to be getting a "premium" in the upcoming announcement of what would most likely be a reverse merger move to the OTCBB.
Now this brings up many interesting scenarios. They'll most likely need a ticker change, (they will most likely have to take the symbol of the reverse merger partner, then change it to suit their business) and one of the most pricarious possibilities is that they do a reverse split along with the name change. This would certainly destroy the stock as most reverse mergers do.
Another variable is that ISBL has said that there was "debt" that needed to be negotiated so much will depend on what the result was, the amount of debt, and the quality and quantity of the assets that better accompany the debt. Hopefully the reverse merger partner will be in at least somewhat the same sector as ISBL seeing as how with debt, we have to hope that they're not partnering with an empty shell and simply taking on debt for a ticker symbol.
Other variables are the OS and AS. These are completely unknown and although management and ISBL pumpers have said over and over that no dilution would/will take place, business is business (how do you explain 30 MILLION shares flushed down the toilet to wallst.net for some lousy 2 minute interview? Not dilution? LOL! Seem they're VERY loose with their shares) so it will be more than interesting to see their OS/AS IF it's ever revealed.
Oh, and the blog information as opposed to PRs is ignorant. Seems they're trying to get some cult following instead of releasing PRs like more responsible companies.
Even though I'm HIGHLY skeptical of what will come within the next 2 days (they're supposed to announce their partner along with the terms of the deal today or tomorrow) due to the possiblity of what COULD happen...
Grade for ISBL: Raised to C+
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