Idle Media Inc (IDLM)

[hokiefan95]

in my own opinion, IDLM has a profitable fiscal year. IDLM's 10-k will consist of Sept 2011 through Sept 2012, which as of Q3 was PROFITABLE, regardless of what some posters say. It is completely possible that they may finish FY2012 profitable and make FY2013 profitable, reducing the argument that they are not profitable. That's kind of like me saying I overspent my credit card for 5 months last year, but managed to sock away a lot of money the other 7 months of the year. Sitting there complaining about 5 bad months when 7 good months outweigh it is kind of useless.

They have grown their revenues, they have increased their sites presence, and they have expanded their online game portfolio (while not adding major revenues to the bottom line, still brings in moderate cash flow for minimal company effort to implement changes). Mafiablock is now available on multiple mobile devices in addition to the website. IDLM has rolled out multiple new apps which showcases their ABILITY to develop products with a small but nimble staff.

Looking to the future of where this company is going, one can easily make the claim that excess compensation packages have been dealt out... while that is partially the case, the company has continued to grow their online presence, navigate a challenging restatement process and uplist (a process that NOBODY was able to produce a company that actually successfully got through the process from where IDLM was wanted to be.)

I'm not going to sit here and BASH my investment, as I want to see it grow, that's why I'm here. yes I could go dump my investment, take the tax losses, and go gamble on other stocks, but really all we have here is a stock that is not as liquid as others, but we're close to the end (i hope!) of what has been a long painful process of getting the books straight.