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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » IGTN..... I like it! (Page 78)

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Author Topic: IGTN..... I like it!
Jmoove
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49x50

nite on the bid,
looking to move this now

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Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot.

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explorer186
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Broke 10 mil volume
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explorer186
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Company legal team looking over the audited reports today, schedule for OTCBB move to be released, and company is about to sell 26 million of the CEO's restricted stock for $4-5 million. So likely news later today or early tomorrow.
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Jmoove
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only 1 mm left on 50, i like being right about fake walls :-)

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Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot.

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pensandoenti67
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close today at .054

Volume 23.5 million

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explorer186
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Buys rolling in now.
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cbrf2
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hmm, that is all good news, but can someone explain to me why them selling MORE SHARES would be a good thing?

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"I sell ice in the winter, i sell fire in hell, I AM A HUSTLA, BABY, i sell water to a well!"

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explorer186
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It's the CEO's restricted shares. They will be getting $4-5 million more in funding.
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pensandoenti67
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To cover for the costs for moving to the OTCBB, lawyer fees etc.

Most companies dilute the shares so that lowers the PPS. BY doing a sale by the CEO it prevents share dilution. Basically he is putting his own money to pay for the costs.

That's why it's good.

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cbrf2
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oh ok, thanks. I thought they were diluting, but if hes sellin his own shares, cant complain. When is all this news suppose to come out?

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"I sell ice in the winter, i sell fire in hell, I AM A HUSTLA, BABY, i sell water to a well!"

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explorer186
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I say either later today, or early tomorrow
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Kenjr24
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Who does he sell the shares too? And how are they not in the open market?
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Jmoove
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571k buy just went through at .051, i think we are going to see another surge like the one from .024 last week

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Choosing individual stocks without any idea of what you're looking for (or without reliable information) is like running through a dynamite factory with a burning match. You may live, but your still an idiot.

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explorer186
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Hitting 0.051 now
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pensandoenti67
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I say it will be available on their webpage tonight, to be released tomorrow at 10 AM
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explorer186
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Hitting 0.051 now
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GVMOORE
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Enjoy the ride. Gone for the day. Thanks
for the great posts. Have a good one.

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RyGuy2020
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any anticipation of a dip today or soon before the jump!? If so what is the guess?
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explorer186
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Getting big buys @ 0.051. Volume now 13 mil.
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Kenjr24
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Bid Ask Line up whole page.. PLLLLLEEAAASSEEE ..thank you!!
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futurama08
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What do you guys use to see the L2's for the pinks?
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RyGuy2020
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i use http://www.microcaptrade.com/ind/index.html
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Jerm
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I'm also using microcaptrade now.
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RyGuy2020
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bid not looking too strong...
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explorer186
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You also have to take into account that 80% of the 120 million float traded above 4 cents, and a lot of people are holding in anticipation of big news
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RyGuy2020
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i hope it dips more...!
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pensandoenti67
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RYGUY2020

why do you want it to dip?

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prefect
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yeah...?
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RyGuy2020
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not a huge dip..just down to about 4 or so..i want to load up again..because i get impatient.lol..and am loading up too high...its going to shoot up anyway far far from here..so id like to pick some more up!
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prefect
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hmmmm i see...
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pensandoenti67
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rebound after lunch? What is going on?
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RyGuy2020
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I have a feeling this is the lowest its going to be today..once we do this bounce, i am sure its back up to comfort and soon excitement level...
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pensandoenti67
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well RY did you buy more as you said?
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RyGuy2020
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hasnt gone through yet.. i am not buying that many...i just raised my bid from .044 to .045...
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RyGuy2020
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there we go...im done now...just had to raise it again..
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