TAPPANTOBY
11年前
Yep...Kick in the balls. Found some interesting facts about the defunct president Danielczyk...In 2002 he took Reli Communications into Chapter 7. In 2011 he was indicted by a Federal grand jury.
He never answered any of my emails or letters....No wonder.
For all you "dummies" who believed in INHC ,Chapter 7 was filed on Sept 4, 2013 in Nevada (I think Las Vegas)
Case 2:13 -bk-17583.
The lawyers claim assets of $50,000.00
The lawyers claim liabilities of $1,000,000. to $10,000,000.
186 creditors including the defunct president,telecom companies, state(s)taxes, diners club{s), CPA(s),and some names that look familiar,
INHC put the major blame on the US government cancelling ALL the contracts due to sequestration.
HeavyNight
12年前
I have been a holder of INHC for a while, they had legs late last year and now they have taken a crap in their PPS but I don't feel they are done!
So I am going to speculate here what I think should be done or may be happening, take it or leave it.
They are getting out and playing a P&D.
They need funds as they are looking for investments as they are in the hole and need capital to keep their doors open. This company makes a profit but the interest on the accumulated debt is killing them.
They may have something in the works and drumming up some interest, look for some news / PR, with this MOMO on 5 touts this one could have gone to a dime. I feel that military is picking up on it's spending and this company has a good track record with them, also see NEIK for a similar stock that has had some sudden recent sale volume after a long silence.
Current sell volume is day traders getting out, this may still hold until tomorrow, 5 touts on it, so lets see.
As always INHO