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Uglytuco

09/06/12 10:09 AM

#16402 RE: turnert #16401

I could see IDLM using these 4M shares in the future for working capital, but I don't see them giving shares dirt cheap to an MM. Marcus and Haddock are too cheap - they're penny pinchers - they will find the cheapest route to get us to the OTCQB. But I'm with you - I would really love to see more trading. Right now I think I need to be patient and wait for the uplist.
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wadirum1

09/06/12 10:15 AM

#16406 RE: turnert #16401

Turner,

I have studied IDLM's share structure in great detail. There are no performance shares that could go to the MM.

Now, I'll grant you that MMs charge something to sponsor companies on OTCQB. I suppose it could be possible that this bill would be paid with shares. But IDLM has never paid bills with shares. EVER. And Frasier clearly thinks 20c or 30c is absurdly cheap -- just look at the pricing of his options! So, I seriously doubt they would use shares as a form of payment for ANY transaction down at these prices.

Occam's razor: As Ugly posted, there has been no Form 4 showing these came from Frasier (or Haddock). Frasier is not Santa -- not going to sell at 5c to buy at 50c, $1, and $2. Nobody else had this many shares. It must have come from the Sawarynski block.

Wadi