MagShoe, I think Goldrusher's prediction was based on IDOI business/revenue. Who would have thought that the financiers would spend TEN TIMES IDOI's REVENUE ($2.4million just for a pump and dump back in August/September)?
If the pump and dump had not occurred, IDOI would be trading under $.10 for sure. Evidently the financiers wanted to get rid of their shares pretty seriously to spend that much money just to dump their shares.
There are a bunch of new stuckholders all praying and maybe averaging down hoping to get out even now. Same as always...
The financiers have investors' money and are not likely to give it back, and we all know there AIN'T NO WAY IDOI will ever make a profit!
Look at the last quarterly report and even with the "debt forgiveness" there was quite a loss.
The next report will bring extra bad news for the new IDOI stuckholders, business will be back to the usual ridiculous loss for investors to endure.
The "debt forgiveness" was another IDOI PLOY intentionally done just in time for the pump and dump.
It's no wonder IDOI shareprice fell about 80% once George Sharp's PR stated the truth and the smart ones sold immediately.
IDOI is NOTHING but a PUMP and DUMP VEHICLE designed to cash in on inexperienced investors greedom!
Too bad the IDOI investor always has to find out the hard way that IDOI is a SCAM!!!
Costly lesson! And it has been a costly lesson since the start when shares were selling for over $3.50 EACH!
IDOI has come a long way baby, racking in over $44,000,000.00 from investors, and it looks like they will go for a $100mil unless investors wise up!!!
Thoughts?
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