IMTL has been very quiet lately going into the Q report. Could be a lot of irons in the fire happening at the same time as the Q. Whatever we find out about the sale of the approx. 38 mil shares by the COO will be interesting for sure IMO. This is one of the oddest sale transactions I've seen in my years of trading stocks for a small cap company with so much promise with one of the founders selling his shares so early.
As you indicate, the market is not responding. It likely also doesn't know anything concrete until details are released by IMTL. IMTL is truly flying under the radar for a reason IMO.