You can talk yourself out of just about anything, but common sense should be used here.
1. Radly let it slip that he has resigned from INVA.
2. The Nevada state listings have "NO ONE" at the helm in any executive positions for INVA.
3. NITH (a mysterious holding company with no internet presence of any kind) is acquired by XUII and just so happens to have the exact business model and revenues as INVA.
4. XUII and INVA have traded in tandem for several days.
5. At some point, the INVA shareholders have to be made aware of what's going on.
6. As a CEO, you don't just abandon 21M+ and additional contracts in the works without a plan.
7. You also don't abandon shareholders. THERE IS A PLAN.
8. To suggest otherwise would suggest that Mr. Radly is dishonorable and doesn't care about his reputation or his legacy.
Would it be nice to know the details today? Damn straight! It is excruciating pulling up this board day after day with no news, but I've been around long enough to know that legalities with publicly traded entities and public notice can be a tricky thing. There's no telling what's required with what seems to be a complicated transaction. In my book, anyone capable of building a 21M+ business is savvy enough and methodical enough and disciplined enough to stick to the plan. The timing on whatever is brewing is probably marked up on their calendars and they're probably stressed over it as well.
So be clear on this...If you unload now, you miss the opportunity or at least a large percentage of the upside. These extreme upward moves happen quick. Depending on the announcement and the timing thereof, you could miss out on 30%, 40% or even 50% of the upside. Just look at KGET over a 36 hr period of time last week to see what I mean. Use your noggins!
