Integrated Freight Corp (fka IFCR)

[eddy2]

That was to be Aveda Transportation there helping out in offering up depreciation allotment cash too.

They specialize in moving oil and gas equipment. Got them selfs over exstended in new equipment. Ticker symbol is PHNHF. I guess they got private financing to extend there obligation to the old creditors.

The thing is the collateral offered up could bring up the revenue. There is also directors fees as well sales fees associated in getting the equipment of that organization moving.

Those fees will be waved for convertible debt. Worst comes to worst IFCR could end up with company and debt to boot. That frightens us to say the least. Also there is a bunch of dead beat credit given out to a few rig operators and there dead beat clients.


I don't know, big risks, bold moves let's hope the oil and gas trucking service industry picks up or this whole thing could be a nail in the coffin of IFCR should this go through.

This is forward looking B.S. guys I my self would dismiss the ledger account set up for this transaction until the big lady sings to us saying it's a done deal. Many a time ledgers are set up like this to rattle the market and drive interest away or toward a company.