Integrated Freight Corp (fka IFCR)

[eddy2]

I have never heard of so much garbage as I have heard here from Ed, Sly and Frank. Let's look at the numbers with some common sense attached to them.

All common share values are underwritten on earnings alone, no trinsic assets or intrinsic assets that has no meaning at all in the English language never mind any other language.

All executives of the company hold only preferred shares supported by trinsic assets.

Now let's look at the two bottom lines that public investors should only concern them selfs with. One is market cap the other is the bottom line on your income statement along with the depreciation expense.

First and most important is the over payment of wages too management plus pre paid expenses for sales to be amortized over a period of time. This creates a negative figure on your bottom line of your income statement that is money owed to share holders from management.


Depreciation is an expense charged back from management to the common share holder. Advertising and administration charges are set at a industry charge based on a percentage of the income. The over charge is reflected in other equity as well a portion of the stated accounts receivable.

So let's assume the financials are no longer reported how does one know if there are earnings and what there position is in the market relative to the market cap.

Well in short it's stated by the book value of the shares you bought and the market value now on your statements. This is not to say if you bought more shares that you will get what's shown on your statement in book value cause as was said the other day all transactions " buying and selling of equity" go through management of the parent company.

But your still purchasing the newly acquired shares at a much lower book value from what you purchased them before earlier at your prestated book value.

You could run seperate accounts but that would mean holding lots and lots of brokerage accounts. The best way is to keep your own ledger. I have seen where a brokerage company will cut service to a customer so that they pick up another brokerage keeping two seperate brokerage accounts that they should pick up on the book value differences between the different purchasess made of the same stock.

Some will encourage others to trade to see this difference in book value on there statement. Knowledge is power and many pros don't want too just give there trade secrets away but here today we are doing just that.


Do your own DD on any advise given here today. Free advise is often worth what one pays for it.