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Smilin_B

07/16/17 2:18 AM

#194 RE: schaub #189

Always check Innate Immunotherapeutics Ltd common shares on the Australian Stock Exchange to see how well it did as a gauge to see how high/low we will open here on the pinks the following day

https://www.google.com/finance?q=IIL&ei=DQNrWeGwD9W8jAGktrf4BQ

Ticker is ASX:ILL

What's interesting is that the company maintains

"We understand that IIL may trade on the over the counter (OTC) market in the US however this is not a formal arrangement endorsed by the Company or which the Company has requested or actually participates in. IIL is not formally listed on any US stock exchange."
 

It's not "formally listed on any US stock exchange"

Regardless

On July 14th, (on the ASX) the shares closed at .061 +.0070 (12.96%) gain on volume of 6.74 million shares

So, you can see that this stock's main volume trades on the ASX so we must keep tabs on the volume over there. The Top 20 investors most likely own their shares on the ASX versus here on the otc pinks - BUT - INNMF does track the movement of the main shares in Australia.

Once things heat up over on ASX: ILL, it tracks over here to it's ADR - INNMF

In my opinion we will be clearing .07/share within the first few days of the coming week here on the INNMF front

The MACD cross setup is quite telling isn't it?