After I saw all those 666666's I immediately thought we were doomed and tried to round up to an easy 7 but got the decimal mixed up. lol. Should be approx. 67 mil if the crowd funding $1mil raising scheme is a success and put in force. $1mil/.015 = 66,666,666 shares rounded to 66.7 mil. Hopefully, the CEO will stop the dilution while the o/s is still in the approx. 100-150 range with the expected large increase in revenues as projected. He may be old school about dumping shares but investors are not and are savvy nowadays, hence, may be a reason we are still at $.02. Investors like companies that buy back shares and not sell shares.
Regarding an earlier comment about "pipe dreams." Stocks are like that and until IMTL shows what they are saying about being undervalued, then it's just speculation and another pink stock to the market and yes a "pipe dream." But, this last letter to shareholders from the CEO does give hope things may be more than a "pipe dream."
"As these deals stack up, they represent the building of a potent global brand, which in turn places us that much closer to the next major deal, and the deal after that. In short, this is a massive end market. The online advertising space alone, in terms of image protection, has a $95B global upside. We haven't scratched the surface yet."
"Our original assumptions are being confirmed in the marketplace and we continue to pick up steam in the core business."
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