InvestorsHub Logo
Followers 13
Posts 727
Boards Moderated 0
Alias Born 07/01/2012

Re: cadams155 post# 656

Tuesday, 02/03/2015 1:39:55 PM

Tuesday, February 03, 2015 1:39:55 PM

Post# of 4911
Perhaps folks are waiting on earnings reported and care little for earnings projected.
I had concerns related to oil industry slow down. I held hope that optimizing well efficiency would preserve IEVM's opportunity. The recent PR addresses this issue to my satisfaction. I would go so far as to say that as drillers slow their pace they will turn their attention to improving methods and procedures at existing wells. The growth in number of supported wells reported by IEVM implies drillers are getting a return on their investment. If keeping their wells clean, reducing maintenance and extending maintenance and repair cycles is the result of using IEVM's product then there's potential to grow the business.
Maybe the annual report, if revenue has been recognized in Q4, will get a market reaction.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.