RE: Been Over a Month now Odds are good that the revenue deals "weren't in the best interest of shareholders" lol
it looks like savers plus and valunet all over again
where is Gretzky? Nash? Mean gene? What happened here people.....what happened? A huge pump to 3.30, management selling from .20 down to .14?
i wonder who coughed up the 2.3 million? Was it the gypsy swap guys who dumped their shares long ago, getting back in for .12 a share plus 12%.
Land does that private firm call in the note like int did to poynt? And take the whole enchilada for 2.3 million? Itibiti isn't spun out yet to a private company, so int is going to have to use THIS 2.3 million to pay out the itibiti debentures. Nothing like Justin time financing. The next debenture is worth 1 month of operating capital. Then what? Another dilutive financing? And again? Are we going to have one a month? When does int hit 1 BILLION shares outstanding with revenue under 6 million.
You do realize that with 100 million shares out this trades for .52 right...... So I guess the pump crew can look at that number and thank management for the dilution. And the crushing drop in the share price.
PI can't wait till our buddy Dave brings out another company. Ill be all over that one for a dime, and set my sell order at 2.5 the same day, good til cancelled. At least he is consistent, right. Yowzers
Maybe one of the longs can call IR if they are answering the phone today and find out about the news releases, revenue contracts, itibiti closing, ortsbo "user numbers" etc.