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09/11/14 8:47 AM

#46 RE: natstocks #45

Yes, I think that is what caused it to move back up to the $17 level early, before the attacks began again. The fact that they don't have a license in China has been laid out clearly in their filings, but it appears that the shorts are now going to use that to drag it down. In the last conference call they stated that they plan on using their horde of cash to apply for a license in China, but that may take some time. I plan on getting back in if it gets close to the 50 SMA around $9.50 - $10.00. The stock is likely to be volatile for a while.

Feedthemonster

09/14/14 8:33 PM

#47 RE: natstocks #45

All,

My wife worked for this company previously in China. The sales force is for lack of better terminology, setup similar to AMWAY in that each buyer gets a commission for getting additional buyers which creates a MASSIVE sales force. The company IS SHIPPING/SELLING product in China so I have no clue what the discussion about licensing is about. I must be out of the loop on IHUB here...

I held this stock at 0.70/sh last year and got out because I couldn't see how their financials at that time were justifying the share price. Of course it skyrockets after I leave.

Now I see the pullback as a potential opportunity...but here are my two MAJOR concerns:
1) How are current or even 2x the last Qtr financials supporting a $12 share price?
2) Why are they still a pink sheet? Why no attempt to uplist?

This is NOT meant to poo poo the stock...as I missed a golden opportunity and am considering to buy back in at $12. However, cut the IHUB BS and someone explain to me how this stock is trading @ $12/sh based on the most recent Q financials...hell even double them for Q3 and help me understand what could possibly be driving this...