Integrated Freight Corp (fka IFCR)

[eddy2]

Nope same pumping and dumping program as always. Making a little money but I do belive it has run its course. There is talk of selling it off and regrouping with new group of companies.

Before that there is talk of discussing administration and sales relative too retained earnings capital surplus and of course the tax implication your treasury interest or collateral stock that supports the treasury debt.

It doesn't matter what is the cost be it sales or administration. Now granted it is mentioned as a cost so where is the revenue. Well simply the paid in capital is the component of four interest.

Well outstanding shares is the interest of six of the mentioned components
ie: liability:
(Accounts payable)
( Accounts receivables)
( Bank debt and bonds)
Capital surplus
Retained earnings
Equity
Treasury stock
Collateral

You can see how all these components are intertwined. You can see now who holds the debt and credit.

Let me give an example. Accounts receivable the customer holds the debt plus the collateral. The equity holder holds both the debt to the company and the credit to the customer as well the depreciation to the company if the merchandise is returned or services are not paid.

In when a service is given to a customer a lean is established against the work performed. In the event of a product the unsold product is the collateral and the depreciation is the cost of sales and administration fees too the equity holder.

Those fees are depreciated against the taxs owed for the sale of the goods or services bought from the company by the equity holders.

This is an insurance to the company to sell off the goods and services they provided to there customers but because it is also a debt that is sold the debt must be collateralized by the company. In other words they can't sell of more retained earnings then there is collateral to support the given customer debt.

Remember thow that the collateral only has to support administration and sales costs not the revenue or taxs owed for the goods sold and purchased. The sold and purchased taxs now fall to the equity holders. There is also taxs to the company as well in the form of interest to set apart the two tax's.

The reason that the company can call it tax's is that the cost of capital can adjust the tax rate lower that one may even see a negative number should earnings be retained due too the customer defaulting on there payments forcing a high depreciation cost to the equity holders reducing the treasury stock owed to the government for taxs owed after boasting the earnings associated through the sale of equity repurchased on the open market by the company and redistributed back in sales to new or existing equity holders.