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Sunday, 06/26/2011 2:29:58 AM

Sunday, June 26, 2011 2:29:58 AM

Post# of 20669
What does this cost in investor $$$$
http://wallstreetdiscussions.com/news/?p=315

InoLife Technologies, Inc. (OTCQB:INOL) INOL is in a steady upward trend which may have started with some RSI divergence a couple days ago. The MACD is currently crossed and share price sits above the 50 Moving Average.



Let's take a look at this steady upward trend!

Is this a similar trend to September of last year when investors got skunked?

How about in January when investors got skunked?

Or maybe last month when investors got skunked?

Yep, we're all headed North now what with the MACD and the RSI and the STOCH and Friday's volume and the rise in Friday's PPS and what else happened on Friday, all of a sudden, to stop this plummet into the TRIPLE ZEROS?

Finances!
2010 Net Income Applicable To Common Shares
Q4(592) Q3(471) Q2(38) Q1(773)

Can anyone here tell me, are those parenthesis things a good thing or a bad thing?

How about that big number for Q4, is that better or worse than Q3 or Q2?

Doesn't this dilution take care of all this money stuff? Kind of like the Federal government printing little green certificates for us to use as money!

______________________

How about this! Here is something exciting and maybe this is why all the upward trending on Friday.

InoLife Technologies, Inc. Signs Referral Agreement With Bibby Financial Services

BINGO http://www.bibbyfinancialservices.com/

blah blah blah "announced that Bibby Financial Services, a market leader in accounts receivable financing, has provided the company with the ability to introduce Bibby as a source for factoring for its resellers."

Well that's cool. What does factoring mean anyhow?

"Bibby will review the viability of extending credit to InoLife customers"

Now don't tell me that is credit on goods provided at the expense of investors money and now passed on to customers without payment. Pretty slick deal! I'm beginning to get that dilution stuff now and why we needed a bigger A/S.

AND LOOK AT THIS: "With Bibby's Agreement, customers can have the working capital needed without having to borrow or tie up their business and/or personal assets."


Okay, let's see if I get this now. InoLife dilutes shares thus dropping the PPS and in the interim acquires some product, which they provide to customers on credit and the customers do not have to tie up their business or personal assets to pay for this product, which maybe gets paid for sometime, somehow, nevertheless they have the credit. SWEET!

"Factoring plays a vital role for any company that wants to grow quickly," said Sean Lelchuk, Vice President of Bibby Financial Services. "It's a great source of capital and provides the liquidity a small- to mid-sized reseller needs. Because InoLife is rapidly expanding its business, the company needs a flexible firm to finance its resellers' orders," said Lelchuk.

Under the terms of the Agreement, Bibby will provide resellers a credit facility up to $5,000,000, subject to credit review by the firm.


That Wall Street Discussion sure got my attention. I wonder what that cost in shareholder dollars, DILUTED SHARES? LMAO

Gary, Gary, Gary! I see a Gray Bar Suite with your name on the door............




:)
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