Bought a chunk at $1.25 and a huge amount at .70. With the amount I spent I could buy a house for cash (wish I would have now). I now consider that money gone. I only came back here again because it looked like it was about to turn around.
But I haven't seen any evidence of a scam. Scams are not normally SEC compliant. Besides, PetaWatt Properties would have to be in on it also.
So far it just looks like the typical penny stock toxic financing that has killed the share price - many may interpret that as a scam I suppose. But none of that was ever hidden, it was all filed appropriately. The upside here is that the toxic financing may have helped this company to succeed in the end. I"m not trying to stick up for the company, only saying that this might be one of those rare instances where the toxic financing may have actually helped INVT to turn the corner. It's unfortunate the shareholders had to bear this burden.
I think the Quarterly is due next month. All shares should be out by then (if not before) so we'll know where we all stand. That Quarterly could dictate if the this is the beginning or end.
One last thing; who was buying yesterday? My assumption was that there are more shares to sell so it will continue down. I was a bit surprised by yesterday's action.
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