Monday, October 26, 2009 8:01:05 AM
They didn't share to many revenues with IMGW that stock was beaten down to .0001 then R/S and is now 1/6th of .0001. IVIT has 3.2 billion shares to sell when ever they want. You have IMGW's old CEO in charge. They bought millions of shares of IVIT at .0001 or less while this deal was in the works IMO. I'm sure they were responsible for a great deal of the selling when this stock hit .0015 then dropped hard...Dilution IMO. Profits have already been made by those that put this whole deal together. Costs have been covered. Now if the stock goes up great...if not they have 3.2 billion shares free & clear to dilute at their time of choosing. JMHO
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