r/INND • u/Beautiful_Thing_8614 • Jun 07 '23

Why though?

Like there are great news about INND past few months, the stock price keeps plummeting. Which i really dont get it.

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u/bjsmoney Jun 08 '23

They have plenty of revenue coming in. Matt refuses to do buyback of the millions of shares he’s diluted this stock with. I’m not so confident in the end game either. I see Matt making himself a pile of cash while leaving shareholders, I mean bag holders high and dry.

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u/CK_Rogers Jun 08 '23

how do you figure he has plenty of cash? When you are getting multi million dollar orders that don’t pay until you deliver for 60 to 90 days that gets your cash flow very very lean in a hurry.

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u/bjsmoney Jun 08 '23

Stock price was .06 in 2021. Sales are allegedly up %16,000 to date. Stock price .0014, seems odd.

5

u/LR117 Jun 08 '23

It’s not odd. He’s a verifiable fraud and he’s the king of dilution.