$1 Club, page-7036

Lending license only granted 4 days ago. I don't believe they could announce anything before this and perhaps there are some confidentiality agreements in place. I would assume if they can announce merchants, etc, it would start to flow in the next few weeks. If not and you're not a believer, then I guess it is time to sell. Or you wait for Q1 report to see the $$$ numbers. Guess it depends on how comfortable you are with it and whether you are okay to sit with the stock or look for action elsewhere. I said I was in until at least mid Feb. This hasn't changed. BOD is still exectuting on their plan, so why should I jump ship. If they weren't executing I'd be out of here, but that's not the case.
Maybe if you are so concerned about it give them a call and ask if they will be announcing merchant sign ups to the market anytime soon.
I don't feel IOU is a secretive company. I just think whoever deals with the ANN's may not be as proficient as some others, but I don't think that is a total negative as to not invest in IOU.