Inrob Tech Ltd (IRBL)

[dude iligence]

greggor62,

I had to unplug from IRBL at .05 with my last post of walk-down. I'd sent e-mails to Caterpillar for verification of commitment of their skid steers for Inrob UGV tech and didn't like the responses. Also didn't like the lack of response to several e-mails sent to IRBL and their IR regarding relevant questions of production, tech and share price declines.

If they really are going to produce from the Philippines plant, they should do a better job of updating shareholders of the progress. Especially as the PPS continued to reel off after the announcement of new facilities.

Obviously they don't care about shareholder stake. I took the downside hit on this and my rescued $$$ and plugged it into SOLM along with what I already had there. Upside on SOLM when I sold healed me up. :)

I still occasionally watch this. If they ever look like they'll stop bleeding, I'll play it for the bounce. But IMO unless there's something stellar IRBL can pull off it's a short pop play for me (if I do it at all.)

GLTY

DD