Replies to post #17732 on In Ovations Holdings Inc. (INOH)

[waterchaser]

"Here we go again"...
I was hoping for something different from MEXP instead of "more of the same" wallowing in the cesspool. Oh well.

[Peggy]

Here we go again? Would that not imply we've gone before. When did that last happen with MEXP?

[Apophis]

No support for this other than some $50 paint jobs? .0001 is the true value of this stock or zero.

[DJ Ponder]

Lets look at Mexp dd:

Mexp concerns in no particular order:

1. A/S got increased 60% from 1 billion to 1.6 billion.
1a.A/s got increased AGAIN this latest time from 1.6 billion to 2.7 billion.
2. The company has already done a nasty 1 for 500 reverse split.
3. The share structure post reverse split was increasing dramatically - then mexp gagged their t/a for 6 months while mexp increased the o/s 1.7 BILLION SHARES.
4.The company used 1st qtr share structure numbers (lower) in its year ending financials.
5.The ceo in the last interview chimed the company is moments away from sending their boats out again to start recovering (70 days ago).
6.The ceo also stated they would be cash flow positive in 60 to 90 days (lol yeah right).
7.Mexp under all the selling pressure set a new 52 week low at .0001
8.Mexp is being sued by its former transfer agent, and a second lawsuit by a group of unpaid divers.
9. Mexp management resorting to name dropping, ie: berkshire hathaway stryker medical group, the very famous yet to be named board member (that has yet to be mentioned).
10.Most shareholders are currently upside down in mexp.
11.A financial report stated the company had only $225,000 in cash and more importantly- cash equivalents. UPDATE- march 31, cash and c/e was 799,289
12.Ceo claimed the float was under 100 million shares (feb 9th) Pinksheets.com stated the float to be 282 million. Its most recently been stated the float was 582,728,552 (minimum 3 months delayed.
13.Preferred shares owned by management stated as 0 yet we know from the increase to the authorized that they do indeed control 900 million super voting shares because 600 million of them voted FOR the increase.
14. Notes payable went from 640k dec 31, 2011 to 1.29mm in march 31, 2012
15.Long term liability disappeared (700k in dec 2011) ZERO in march 2012. However that debt went to another column this time to boco investments for 700k and the principals increased their notes due them by 30k each.

Verify my statements and decide for yourself.
Take no ones word for anything.
NO ONE.

[VeronicaFox]

There it went again. Support is losing steam.
Where is the news, the .0016's, the whales???? All we see is more of the same, more dumping than buying. A minimal $120 traded at ask today. Oh! And the .20 cent manipulative paint job.

50 MIllion just Added to Support $$$$ Here we go Again