I would totally agree with you if we were waiting for assay results on some ore samples from the jungles of Peru...results that never seemed to arrive.
But IDLM is a tiny-staffed company putting out a product we can all look at and track volume on. And nobody has bid-whacked or even lowered the best ask in quite a while. I can't defend the late financials, but I'm not worried at this point. Heck, I was begging them to fix the financials -- though I had no idea it would take this long.
Wow. There has been absolutely no dilution, no debt, nothing negative except results are delayed due to the restatement. I agree with Wadi that the company should have issued an update by now. But this money's not dead buddy. I'm a firm believer that you'll get 5-10X if you just hold it this year.
I dont think you should write this investment off! Too drastic. I think there is a good chance this stock will recover..eventually. We need patience though..a heck of a lot! They sure need to improve on some areas.
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