Integrated Environmental Tech. (fka IEVM)

[cleverrox]

IR confirmed the company has slashed costs to the bone and continues to service its major customers and pay the bills. They have probably eliminated all their sales people - and anyone else not critical to servicing their remaining customers. New business from their existing customers continues to come in - and at a better pace than they expected two weeks ago. I'm not in a position to know whether they could reach cash flow positive with this skeleton staff - but my belief is it is at least possible. However I think you will see something else happen where more money is raised.

The BoD will determine a new plan forward in weeks, not many months or years. Any kind of non-sale of the company plan will include new funding. In all these discussions creating and retaining maximum shareholder value is the primary driver of the way forward.