Radioio Inc (RAIO)

[rasta48]

The pump and dump will accomplish two things.

1. It will bring in some working capital for IWDM to keep the lights on for another few months.
2. It will allow new insiders to make money along with the existing crew.

Here is how it will work. IWDM will need to raise capital to pay its bills, and run the company so what they should do is offer an equity stake in the company to an outside investor. This stake will be offered at a discount to the market price. So IWDM is trading at .10 they will probably offer shares to this outside investor at .05.

So now when that happens you will see IWDM go down, but probably not all the way to .05. From there the pump will begin. They will start releasing rumors, talking on air about things related to IWDM, they will do just enough to keep the SEC off their back (the SEC is overburdened and underfunded so a pink sheet pump and dump is not even on their radar). So since the new "investors" are in at .05 a run up to .20 gives them a 400% return. IWDM does these new investors a favor in return for providing capital.

It won't happen overnight, and I still say the only time to buy IWDM is after the dilution. It is clear from the previous qtr's report that they had $760k in cash on hand, expenses were about $385k and gross revenue of about $143k. So they are burning about $242k per qtr. So with that in mind then they have enough cash to last thru november.

Could there be a big increase in revenue for this quarter, sure but I am 99.9% positive that if there was a large uptick (something that was really meaningful) in either subscriber revenue, add revenue, or IO for business revenue the company would have put out some sort of release on it.

Maybe it is not that Bean is not putting out any PR's, but that there is nothing there for him to put a PR out about.