it is usually management that make successful companies.
the fact you cant communicate with a CEO of a 6.4m company is a warning sign. it tells me they couldnt care less about shareholders. ive spoken to multiple CEO's, CFO's, company secretarys, and investment managers and they all have given the time.
so long as youre aware that investing in IDZ is investing in a management first, senior creditors second, staff third, friends of management fourth, all other debt claimants, and then shareholders. hence your emails or contact requests will go unanswered because you are not important.
just talk to an accountant and ask about this debt write off and the addition to NTA. could be all smoke and mirrors to fool idiots like you and me. the way i see it is they have written off bad debt which is different to a turnaround in debt reduction through operational conditions.
again, its a good trade to pump and dump it, but otherwise its one to tread with caution as previous performance indicates management are worth as much as the debt written off by lenders.
at least the 5M unit order at .008 has been pulled and the depth is starting to normalise. its a good trick really to create FOMO.
at least you can write off 7-9m shares from the sell side so thats not too bad with regards to the overall depth. .019 is holding and keeps absorbing, so a move up in the future wouldnt surprise me. however long term id be very careful.
last post and good luck to all holders
IDZ Price at posting:
1.9¢ Sentiment: None Disclosure: Not Held
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