We need NEW Buyers...or more restrictions on the Float so WE can move this...
Hopefully this is the reference in one of the last emails about some new deals... " Management will provide news release to shareholders, and in fact they are planning to release news regarding all deals that they have been working on over the last year, by end of July." http://investorshub.advfn.com/boards/read_msg.asp?message_id=21001061
We need NEW Buyers...or more restrictions on the Float so WE can move this...
Current O/S 707,700,617 Restricted 345,000,000 Float 361,700,617
We need NEW Buyers...or more restrictions on the Float so WE can move this...
Poor Papa: You reminded me of something I left off from my reply tp Paunch13. At the risk of sounding repetitious, this company does NOT match the persona of a typical pink sheet company.
1. The Outstanding shares have been reduced, not increased which is a tactic most pinkies take for various reasons. 2. The latest increase in share distribution was in restricted share form. The reason is unknown to me. I suspect it was part of an incentive package to the new CEO and President, Mr. Kadrija Hamzic and perhaps the outgoing executive. 3. The time, effort, experience, and contacts acquired by management over the past year could well prove to be extremely valuable to Innotelco. The Maghreb region is growing rapidly; becoming more attuned to world economics and politics. 4. An area where it does look similar to pinky shares is in the price per share. At .0012 this looks very attractive to a speculator such as me. This is an opportunity to gather a good sized bucket of shares in a moderately skimpy number of outstanding shares. 5. The trading volume is small, but the pps rises substantially with little relative buying pressure. To me that represents a solid core of long shareholders who will not sell at these low levels or to put it another way, a low float. This is what I call risk to reward. I feel the reward far outweighs the risk and will add to my holdings in the future. 6. DD from past posts on this board for new and interested investors. Remember never invest more than you can afford to lose. This is a startup company and very speculative at this time. http://www.investorshub.com/boards/read_msg.asp?message_id=17001053. There have been changes from these Press Releases, but we surely got exposure, experience, and leads for growing our company. 7. There is just to much potential here to ignore. New management; a Board of Directors for Northern Africa which added two seasoned managers. Last but not least, the contacts our new President, Mr. Kadrija Hamzic brings to the venture. You can read a little summary about him in the last Press release. http://biz.yahoo.com/iw/070730/0283952.html SharonB
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