Monday, April 04, 2011 3:00:00 PM
We've got a great board here -- and if we don't know the answer a question, we'll do our best to track it down.
You hit the nail on the head. There really isn't much interest in this stock. Or at least there isn't that much interest compared to what there should be.
IDLM has no debt, no preferreds, no options/warrants/convertibles, no off-balance sheet dealings. What it does have is Datpiff (dominant internet hiphop site), some social games, Hiphopearly (another internet hiphop site), and a growing pile of cash (probably already over $1mm).
It has an ungagged TA and a stable share structure.
It also has a bunch of fast-money guys who got their shares dirt cheap associated with the reverse merger and who are raining them down on us so they can move on to the next deal. That's why the shares are so cheap IMHO.
IF you are the kind of investor who is patient enough to wait until the overhead supply is done, then this stock has tremendous potential.
IF you are more interested in stocks with promotion and momentum (but nowhere near these fundamentals), then this probably isn't a good fit.
Wadi
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM