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PaperProphet

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PaperProphet

Re: Karmasaur post# 1

Saturday, 07/17/2010 12:34:42 AM

Saturday, July 17, 2010 12:34:42 AM

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Re:<"I know nothing of this stock, but it came on a screener of mine,...........anyone have any dd?">

The big issue right now is undoubtedly the $110 million to $126.5 million in shares IBCP wants to sell. Where those shares are priced will have a major impact on where the common shares end up. The U.S. Treasury's $72 million preferred they received for the TARP money given to IBCP also gets converted based on that price. Typically shares like that are priced at lower than the market.

Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product even more revolutionary.

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Volume:
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  • 1D
  • 1M
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  • 6M
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  • 5Y
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