I dialled a number on one of the reports last week and spoke to DF for around 10 minutes.
He confirmed that IFCR is very much alive and kicking and the company officers have been working in the background, mainly with the SEC and they were hoping for some positive outcomes this week - he didn't elaborate and I didn't ask.
The litigation with Smith is still ongoing and they still expect to win the case but he gave me no more information that that.
He also confirmed that they are actively pursuing more acquisitions and are in talks.
I know the sentiment towards him on this board and I understand why but I've never had too much of a problem with him - each time that I've spoken to him he's been polite courteous and has spent time talking to me and explaining things that i didn't understand (I'm from Europe and don't fully understand the SEC regulations).
The point here is that he didn't have to speak to me last week, he could have just fobbed me off with the "Sorry, I don't work for IFCR anymore..." and had nothing to gain from speaking with me so from that perspective, he seems pretty much on the level.
Still think this will move up at some point, don't know when but I do believe the guys are working hard to get things sorted out and it will just take time and patience...
Per Ardua Ad Astra
