In breaking news, INNO scores 100% in minutes

Published: Thu, 01/04/18


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Good morning all,

Wow, what an open from our alert today. INNO jumped big at the open hitting $0.04 within minutes of the open from yesterday's close at $0.0195 - that's over 100% upside.

As I write this INNO is trading around $0.033. Keep watching for dips for opportunities to trade this beast.

The company announced this morning it entered into an agreement with Solar Resources Inc. (“Solar”), a company in Singapore, to assist Solar to recover a large shipment of tin from a sunken ship that is believed to be in the waters between Indonesia and Malaysia. The ship that will be used in this recovery effort is currently being inspected and outfitted with the needed equipment and supplies in Singapore. The ship is expected to be ready to leave port for the recovery project during January. Paul Tidwell, the President of Innocap, will be on the ship to assist and direct all the recovery efforts. The recovery project is expected to take approximately three weeks at sea.

The same ship will be used for another salvage project in the South China Sea upon the completion of the first recovery project.

No assurances can be given that the sunken ship will be found and, if found, will have the amount of recoverable tin that the parties to the contract are seeking.

Today keeps our winning streak rolling, but we hope to see even more upside on pullbacks in INNO today so you should definitely stay glued to your screen.

All the best.

PennyStockGeneral.com

 

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Traders and Investors,

We had some really nice winners before Christmas, and today could be more of the same.

I'm looking forward to today's trading session with the trade idea we alerted you to about a month ago.

Innocap, Inc (INNO) is a low float trade idea priced at just $0.0195 with a clean chart that has shown recent bullish technical signs.

The last time INNO made a major move was back in August when it was trading at less than $0.02. It skyrocketed to over $0.045 in one day.

This is what us traders call a former runner. And given its technical setup now, we think INNO is definitely worth a look right now.


About INNO...

INNO's mission is to be recognized as the most technologically advanced global leader in deep-sea salvage operations.

Thus providing world-class service that ensures long-term company durability and ensuring the safety of their people, the public, and the environment.

How big is the market?

It is estimated there are more than three million shipwrecks on the ocean floor, representing shipwrecks throughout the entire human history. Of these, it is thought that less than one percent have been explored.

Particularly interesting are the cargo ships that literally contain treasure, such as Spanish galleons that transported gold and jewels across the Atlantic. The Uluburun shipwreck off the coast of southwestern Turkey is roughly 3,300 years old, and that Late Bronze Age vessel contained gold, silver, jewels, copper and tin ingots, tools, swords and other weapons, and much more trade cargo.

In fact, it is estimated there is $60 billion in sunken treasure around the world at the bottom of the ocean

That's where INNO comes in. 

INNO is a unique marine archaeology and salvage company which will use the latest in marine underwater survey technology, and software to locate all different varieties of shipwrecks. 

INNO's CEO Paul Tidwell has been documented by some of the most trusted authorities including National Geographic Magazine and Television, NBC television and the Guinness Book of World Records (Silver Edition). 

Mr Tidwell has devoted the past several years identifying and researching potential salvage projects for Innocap to pursue. He has more than 25 years of experience in this area including, prior to joining Innocap, having met with and negotiated salvage contracts with officials of many countries, including Oman, the People’s Republic of China, Japan, and Guyana. He has been involved in many recoveries including the deepest known recovery dive to date.

Some of Mr Tidwell's experiences include:

  • The salvage of the SS John Barry, which successfully recovered 1.5 million silver coins at a depth of 8,500 feet
     
  • The uncovering of a little-known military engagement that is now known by millions of people around the world, The discovery of the WW II Japanese submarine I-52, at a water depth of 17,500 feet…a mile deeper than the HMS Titanic. 
     
  • He has made presentations in distinguished halls of higher learning and been referred to in television documentaries, social media videos and even video games. He has given lectures and press conferences in several countries which include the US, Japan, United Kingdom and the Navy Aviators at the US Naval Academy.

Major Developments...

On November 21, 2017 INNO entered into an agreement with Solar Resources Inc., a company in Singapore, to assist Solar to recover a large shipment of tin from a sunken ship that is believed to be in the waters between Indonesia and Malaysia. An investor, who is a minority shareholder in the Company, provided the $200,000 needed by the Company to participate in this contract.
 
The parties of the agreement have also agreed to use a portion of the proceeds from the salvaged assets equal to $600,000 to recover another cargo believed to have sunk off the coast of the Philippines.
 
The Company will receive 40% of the proceeds of the salvaged cargo after payment of all expenses related to the salvage effort.
 
And in another recent development, INNO's CEO Paul Tidwell recently traveled to Indonesia to complete a presentation and advance negotiations on behalf of the Company. 

The purpose of the presentation was to complete discussions to determine whether acceptable terms can be reached giving Innocap the right to undertake an exploration to locate and salvage the Flor de la Mar, a Portuguese ship that sank in 1511 off the coast of Indonesia with a rumored large cargo of treasures. The Flor de la Mar has been the subject of many writings and legends.


We think INNO could extend our winning record. INNO has a nice chart, a low float and a history of making huge gains.

I'll be back with more details later on, but for now, make sure you get INNO on your screen and be ready for a new trading session ahead.


All the best.

SmallCapMomo.com
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Remember our key trading rules when trading. Capital preservation is key. Keep your stops tight, and if things don't go your way, cut your losses and look for another opportunity.
 

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