Replies to post #1871 on Image Protect Inc (IMTL)

[trefontane]

Biff, couple of questions. And thanks for your insight. 1. how do you know the valuation of .02 is correct. What financials do you have that reflect this\
2. The secondary financing is still under a Reg A according to the offering. Doesn't this carry a built in restriction for at least 1 year?
This Ceo is addicted to dilution. Now he's finding away to do it off balance sheet if you will. We need something special to happen to get it out of this range.

[rjbluesky]

biffbifford, I think the IMTL $1 mil crowdfunding that appears to be 1/2 completed is a good way to cap the o/s increase at a fixed amound. The revenues projected for the end of this year and 2018 are more than sufficient to have a nice cash flow to meet most expenses and hopefully relinquish ASAP the current Total debt of only $1,756,184 as per the last Q report. That in itself would take the share price to massive levels (multiple $s instantly) IMO.

If the $1 mil crowdfunding goes thru, this adds about almost 6.7 mil to the o/s totals. I think it is important the CEO keeps the o/s in tact from here on out if the cash flow is adequate to cover expenses/debt.

Someone posted they heard the company was possibly opening a New York office? Neighbors to Wallstreet! Interesting.