Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
How does the par value work? Zero par is set at 0.0. At anytime the stock is forward split the authorized shares are doubled. This is not the issued shares only that are doubled. All authorized shares are moved in increments of 10.
An example is you have zero par value 0.0 and it’s incremented to a par value of .001 that would be multiplying the authorized shares by a 100 decreasing the authorized shares value by a 100 times.
Because a contract of purchase for the authorized shares has been implemented at the start of the sale or set if you like and because of the circumstantial situation changing along the process of the sale the seller and early purchasers have to be compensated because of depreciation revenue brought on by debt plus the additional revenue brought on in addition too pre paid administration fees yet to be amortized.
I guess what I’m trying to say is if the market does not reflect the book value of the underlying equity then the company has the power to adjust the offering as see fit to protect its investors.
As with anything the reaction time is not always consistent with the market. This inconsistency leaves opportunity open to investors to take advantage of market conditions. Anytime an adjustment is made there is a requirement that a filling as well an accompanying financial filling must pursue. If the offering is over perscribed as often is the case then any sales of equity is recorded as revenue.
Remember that all sales must go through the brokers hired by the company to exercise there interest. The administration charges can be diluted by the issuing of a over prescribed offering to the broker in compensation to those charges.
It is a very complex procedure of events that take place. Good luck your DD is most important in anylizzing market opportunities when they arise.
https://www.irs.gov/pub/irs-pdf/f720.pdf
Couldn’t find much except the above that may apply to DME. There is a provision for DME medical devices that the medical waste equipment trailers that may have a surge tax.
Anytime taxs are raised it’s good for corporations. Higher tax’s drive up depreciation “ the goodwill cost to any asset purchased” this in turn allowing those tax’s raised to offset the depreciated cost of consumables as well your fixed assets and wages setting us to be much more competative on the world market. The down side is it lowers the value of the countries currency lowering the buying power for all Americans.
Because equities are tied too the growth of a company and its revenue and its ability to leverage its self on its receivables tax returns based on tax’s that it owes on revenue generated be it by debt “ future tax return “ or equity “ tax returned relative to tax owed paid out today”.
The one that excites me the most is tax’s that are returned based on the past.
A movie by Charles Dickins “ The Christmas Carol “ the early version set in the 1930’s as well the new version being put out by Disney with Jim Leadfoot Carry Canadian actor playing Scrooge is a must see.
The set trailers, props ect. Was all handeled by a franchised off the books entity holding the collateral, debt as well a portion of the receivables, payables and credit on top of the allowable credit and equity of the parent company.
Google Jim Leadfoot Carry to find out more.
Me too me too
Well Im still in!
Long and strong ....because I got no choice
Interesting that the DME program has been mentioned. From my understanding there was a carbon tax credit allowed if the older trucks where fitted with tanks ect. This tax credit was allowed to be sold on approval by the SEC to the public. The thing is and don’t ask me how many of the trailers were fitted with extended tanks with the money raised by the carbon credit that was to be used too outfit the older trucks not the trailers.
So in the wisdom of management they were going to purchase new trucks where the carbon credit was included in the price of the new truck off setting the increase depreciation of the old trucks by out fitting the trailers with exstended tanks.
Now there is I believe 1/6 of the cargo space is lost with exstended tanks being incorporated in some of the trailers. A 1/4 in gross weight is lost due to these tanks. Now true the trailers that have been fitted are more geared toward bulk cargo then having a weight concern.
Anyhow the controversial out come of all this is the selling of equity on installing it on trailers and not refitting the older trucks. The other is that purchasing a new truck you can take the tax credit and pre sell it to the public
before the excepting of the new truck. This has left a nother loop hole where new truck orders are being cancelled but how does one get back the tax credit that was sold in both cases back from the public without diluting shareholders.
Well to make it fare as possible you forward split the shares add more debt “ future revenue” selling more equity along with additional forward splitting of the shares then hit every one with a huge share reversal along with a fractional share hit to the new investors protecting the old. The outcome is that everyone takes the same hit
This is often as we all know to be a restructuring of the outstanding shares.
Remember that in these outcomes only time can’t be adjusted so that is where the difference of the old and new investors difference lie.
Now there is the argument that the program maybe only partly implemented and there is the goverment wanting there tax credit back ie: treasury stock.
We already have a hit to the revenue because of the company being unable to take advantage of tax credits allowed them. This is at the moment a time extension that a private placement could resolve but in those private deals the monies gain are often rewarded back only to those individuals “ credited investors”.
I hope this sheds some light. Phone up the management, can’t say if they will say anything. Ask around this is only an opinion I have of what I gained walking the street and snooping around. These cats are not the only ones who tried to take advantage of the DME program set in place.
I would first my self look into the DME program and its tax implications cause I haven’t been able to find anything on it. So again on the street rumors unless one can back it up.
Good hunting and pecking out there guys and girls.
I think what one has to ask them selfs is why was the collateral raised along with the debt sold? This educational video will help investors understand the importance of investing in new green energies within the industry.
From reading eddies last post if i understood it id say he called the subs and got info from them. Prolly only way to get any correct info
My position is showing as closed out so I'm not feeling too good about this
Yes i would love to know that too but eddy only good for posting nonsense bs about some other stuff nothing to do with ifcr :)
Wish i could find out more on how fuseliers court proceedings are going. Maybe eddy2 could find something. Im unable to find anything on it
Snail you got to get out on the road and actually do something before someone will put something into that account for you.
A follow up to what speedy said yesterday and that is when Jimmy Leadfoot, Rocket Pete along with Torpedo Frank just to name a few of the guys who left who where not the easiest individuales on equipment, infact they created more damage then what they everv generated in any meaningful revenue.
The other thing to note that while the franchises sold was as mentioned financed by the company by debt acquired and collateralized by a franchise contract that stated that on leaving the contractual agreement the individual must not work for any of the stated customers in the contract. Now there was one customer that due to bad timing and renegotiation of the contract allowed a certain group of individuals that I won’t mention but we all know who they are walk out with a sizable portion of the business.
The other thing that was stated in the original contract is that minus the liability and any administration charges owed on termination of the contract all money’s paid toward the franchisees would be returned to the owner of the franchise apon termination regardless if the company or franchisees terminated the contract. This also includes a portion of the good will built up over the time of owner ship to the franchisee.
The wrong doing here was they wanted the goodwill that went with what they stole. Yes many could argue the provisions about the new very lucrative customer was not included yet the customer paid up front for the service that was again financed by the company because the franchise contract was late in being signed and reinstated, restructured call it what you like.
The thing that boggles many on the outside looking at this is how much could of been taken of the contract if the company already paid the customers bill. The customer would have to terminate the liability owed to go with the new group who defected, jumped ship, pirated the companies interest.
Of course I don’t know all the details that transpired but I would think first that there would be a penalty to the customer for administration charges to set up the loan never mind the goodwill althow now lost but never the less writen into the franchise contract even if the new customer was not included due to timing.
It sounds like a mess for sure and yes there will be court costs blah, blah associated with the whole ugly thing mess. Then there is the write down that the allowable depreciation didn’t count for. One being the customers name splashed down the side of the trailers. The list can go on and on. Granted I did hear that maybe those trailers will be issued as part payment keeping some of the liability to the credit on the books.
Again to a savvy investors having leverage credit in the form of receivables on the books is deadly to raising revenue unless the company reorganizes the debt into a bond with the approval of elected board members.
Do your own DD and get down on the street at street level and talk too Jimmy Leadfoot or any of the other mentioned characters here that stands behind this info I got.
Td with td Ameritrade, it says the p/L for the day is minus over $5k so basically it went from 0001 to 0000
Anyone's account looking different today? Mine is showing this at 0000000
The word is that there franchising it out to individuals employed. So the way that works is the company will finance that candidate who is interested looking after all the paper work, required licenses blah, blah.
This is a good deal as all the revenue and depreciation relieve will fall on that individual along with the debt.
The building and wear houses will stay under the company. In other words equity holders are financing the individual truckers or employees who bought in. The dark card is the wearhouse leading ect.
Could a lot of the franchises fail. Of course some will due to bad money management. These people are not bankers or money managers who buy the franchise nor sale folks. Then again you have a moving collateral that yes with technology can be tracked.
I can see this turning into a reality program on the television in the future. That could be the saving grace to the business plan being emplemented. That is if any of this I have heard has any truth or merit to the rumor I heard.
If I could bring up a point on the way credit works. As we all know when examining the financials you always want to proceed to the previous month and take note of the debt coming due. If you over pay that debt the portion that is overpaid becomes a credit. If this overpayment was the proceeds from the selling of equity minus administration costs to sell the equity then the revenue is equity produced and forwarded to a later date. Now additional debt can be taken on with this generated revenue. The additional debt due to the extra credit earned is also revenue after the cost of capital is subtracted. This extra revenue is your capital surplus figure given to you.
You would then take your gross revenue and minus the capital surplus and retained earnings to establish the true revenue that the company is generating.
All revenue is taxable but can be forwarded to take advantage of depreciation as it has been mentioned many times.
You can see the problem that will arise if revenue is not produced by synergy activity within the company it self not being dependent on the market capabilities to create the required revenue to unlock the value in the tax that is forgiven based on revenue tax owed and depreciation.
If current share holders are not willing to anti up and create the additional revenue needed too unlock the hidden value then the company is forced to sell there position for often ten cents on the dollar to meet the cashflow demand set forth by the leverage too create more revenue.
Okay I got to the bottom of this delema I got my self into. Apparently I have an option that I could buy allowing me sometime to pay them or pay them now without paying the option or forfiet my investment to date. Doing so will allow them too sell my position too someone else and any proceeds I would of gotten would go too the administration of doing this.
Not so bad, my miss understanding of how it all worked. Sorry guys to press the alarm button here on the pinkies don't want to give them a bad name as I do like to trade them and all.
Get this story. You got too love the penny stocks. Not mentioning any particular company or symbol. I purchased three million shares of what I will refer to as the Turkey stock.
The shares cost me a thousand Canadian dollars. Anyhow now they are coming back at me as a shareholder for ten thousand in American dollars for a portion of the debt. The lady on the phone told me if I had only bought two million shares that the administration cost of collecting the debt would of out exceeded the debt costs.
As it is she said that only a fraction of the debt will be collected because of the disportionate number of smaller investors holding less then the two million share cut of point.
Well I told her I would cancel my brokers account. She then said they could garnish my wages. I told her go ahead I don't have a wage. She then said that they could go after the estate it self. I said go ahead I will spend it all before you have the chance to collect.
Well she huffed and puffed to try to blow down my house but good luck to them. Who the hell do they think they are. What do they figure, that I just fell out of the pumpkin wagon yesterday.
http://video.medicalexpo.com/video_me/videos/medical-waste-treatment-system-shredder-sterilizer-pressure-seal-43149.mp4
Unit has been deployed in the Miami area.
Thanks bud
Pleasant thoughts
so... just a couple months of court then we hit it big!
https://www.sec.gov/litigation/complaints/2017/comp23855.pdf
I think this article will help to explain there position.
Indemnity charge is what the court case is about. It's an insurance of performance from management too the stake holders. It's a liability asset if you like, a receivable should there be a claim by the equity holders.
You can buy performance bonds through any entity who wants to write you one. The outstanding shares is the collateral on the bond portion of the indemnity the balance is the equity contribution portion of the indemnity liability put in place. Follow and know your numbers. Do the DD and know and understand exactly what you are purchasing.
Believe so. Dont have time today but i will try to check on it
is IFCR supposed to go to court in Oct?
He should be removed even though, right now, it doesn't matter one iota.
You're absolutely right, every post is off topic and he should be removed!
Stock-
Just ignore. He babbles.
He's like a Tom Clancy novel. Has no problem of using up 40 pages to talk about the intricate workings of a paperclip.
lol...
later.
T.
Wtf you talking about ? What does it have to do with ifcr ??
I agree money was raised for the indemnity agreement as well the hold harmless agreement but they came up short. Money is still required from equity holders to meet the contractual agreement put in place that you mentioned hence the outstanding shares on the books in the billions.
Had the share price stayed well above the stated par value there would not be a short fall as we are seeing now to fill the indemnity agreement the and hold harmless agreement that was implemented.
These agreements are talked about. It's old news.
There are two sets of circumstances that allow a company out of a financial filling obligation. One is a chapter 11 the other is a chapter 7. They are very different in that a chapter 11 is a reorganization due to a 10% positive contractual obligation requirement that is set and met by the SEC. The other is were obligations are short of the set contractual obligations set by the SEC.
Let's look at the first one your chapter 11. You have four crucial accounts. Your trust account for your depreciation of assets. You have the receivables, payables that is all contractual payments required to be paid in or before the quarter is up. This is also true of the receivables.
Now you can rob from Paul to pay Peter and so on.
It has been talked about how one group of equity holders will hold the collateral while the other holds the shareholders debt leaving paid in capital going to the said above accounts. This does not take away the payment to the equity holder who holds the collateral for the debt obligation to the former group of shareholders or the ten percent positive contractual obligation to the above mentioned accounts to eleaveate the required financial filing required outside of a chapter 11filling should the company meet the chapter 11 filing requirements.
Because a chapter 11 is a positive action from the company it does not require a significant event filling but does require that final all very important over view financial filling.
It is the chapter 11 final financial filling that often sets of a dead cat bounce by the pros that hold cash out side a institutional strong hold " off the books financials " .
I hope this info helps others out. Do your own DD and study your SEC rulings in meeting chapter 11 requirements to not have to report financials due to contractual obligations meeting or exceeding the ten percent puplic chapter 11 requirements to be a none filer.
Let me say it then. He is wrong, this stock will not trade in another three months if not sooner. They will be cashed out as it has been mentioned here. Sly likes to take risk and peddle crap. Does he make money, I guess but it's not an honest leaving he has.
https://www.deere.com/en/harvesting/s-series-combines/
Another possibility is that the service is subsidized by the goverment. Let me explain goodwill. Let's take a farmers combine. To produce a combine the cost is well North of what the farmer pays for it. The farmer is subsidized for the purchase. The catch is the lost value subsidized by the goverment can not be writen down in a default situation or in the case of shelf depreciation.
So what happens is a portion of the subsidlce is clawed back through taxs.
This takes us again back too treasury stock owed and once purchased back is removed from the liability owed to the goverment.
Earnings retained along with capital surplus is used to pay the excess taxs owed.
This often apears as a cash flow short fall as this extra tax is paid due too the gift bestowed onto the farmer.
The company is not allowed to charge the farmer this tax on purchase of the combine by the farmer.
So take the goodwill of the goverment and minus the treasury stock owed is you new profit margin relative to your capital cost of the combine ect.
Don't forget the depreciation cost into your capital cost to produce the product.
This is were often you will find your negative interest rates. Good luck and tread with caution it is a very merky waters when it comes to investing in the market.
Why would you want to talk to him. He isnt with ifcr anymore. If i were you i would try calling the subs and see if they are still involved
Did anyone contacted him lately ? Or how can we even talk to him
No. His name page. Not much on there that you dont already know
Linked in ifcr page ?
David fuselier. There are 4 or 5 of them on there. He also has linked in page
Nothing of any importance. Mostly personal stuff but doesnt sound like a man that could be heading to prison
Fuselier has started posting on facebook again. Dont know if that means anything but just letting people know
How you even sold it ? :)
Yes, And I Sold It. Yeah!
It Nearly Covered The Trade Cost For The GTC Open Order
IFCR
Anyone elses platform say 50,000 volume today?
Followers
|
186
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
30846
|
Created
|
08/11/06
|
Type
|
Free
|
Moderators |
http://integratedfreightinc.com/
Integrated Freight Corporation, through its subsidiaries, provides truck load services in the United States.
We carry dry freight, refrigerated freight, hazardous waste materials and provide long-haul, regional, and local services.
Furthermore, we offer freight brokerage services. Integrated Freight Corporation is based in Bradenton, Florida.
Form Type | Received | Period Ending | Downloads |
---|---|---|---|
DEF 14C | Monday, January 11, 2016 | Monday, January 11, 2016 | PDF RTF XLS |
PRE 14C | Tuesday, December 29, 2015 | Tuesday, December 29, 2015 | PDF RTF XLS |
10-K/A | Friday, August 7, 2015 | Monday, March 31, 2014 | PDF RTF XLS |
10-K/A | Friday, August 7, 2015 | Tuesday, March 31, 2015 | PDF RTF XLS XBRL |
10-Q/A | Friday, August 7, 2015 | Monday, June 30, 2014 | PDF RTF XLS |
10-Q/A | Friday, August 7, 2015 | Tuesday, September 30, 2014 | PDF RTF XLS |
10-Q/A | Friday, August 7, 2015 | Wednesday, December 31, 2014 | PDF RTF XLS XBRL |
8-K | Tuesday, July 14, 2015 | Friday, July 10, 2015 | PDF RTF XLS |
10-K | Tuesday, July 14, 2015 | Tuesday, March 31, 2015 | PDF RTF XLS |
NT 10-K | Tuesday, June 30, 2015 | Tuesday, March 31, 2015 | PDF RTF XLS |
Typically, we work directly with management to enable the company to fully utilize its resources.
Our investment strategy is focused on growth and value creation.
We look for companies that meet the following criteria:
The above criteria may be mutually exclusive to certain opportunistic situations that we believe are highly undervalued.
However, solid Company fundamentals must exist in order for us to consider any direct investment.
Click here to zoom in on daily chart
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |