warrants I stepped in and bought 100 k shares today, my first purchase in this stock in over a year. I had shorted it for some time in 2012.
Reasons are as follows. Badly beaten stock , usually these stocks have another run cycle. Its a fact that since yahoo and msn disbanded their chat services there is a market now for smaller entrants. The B2B announcement 2 weeks ago is interesting too.
If warrants are delayed for amonth, this in my view must mean that management is working behind the scenes on something major enough that will cause the warrants to rise substantially and be in the money to be exercised in June, giving the company a badly needed cash infusion. The stock is due for another pop to 20 cent plus in the next two months.
I think that the pop will be connected to the beta testing of YAPPN .Any partnership with a Chinese or Indian firm would send this to 30 cents over night. I think that the company is in the quiet period and cannot trade based on impending news that they are working on . To me this is a no brainer. Social media stocks are making a come back this year, ZNGA, FB , LNKD , etc, and INT should pop also. I do not know what the catalyst will be but I suspect its either some partner for YAPPN or another partner for B2B type service related to Ortsbo.
The fact that the delay is only for a month suggests to me the news will be significant and could easily catch the market off guard. If it crosses 12 cents , ill add another million shares.
I have been good at telling people when to jump off this bandwagon, now for a change I'm saying I think the stock will pop.