International Barrier Tech. (fka IBTGF)

[Lucror]

An illustration of just how effective this proprietary technology is...

[Lucror]

The language of management is very bullish here. In my opinion, a market cap of now 6 million is extremely low given the growth expected and positive earnings announcement most recently. This one is just waiting to be discovered. Snippets from the most recent 10-Q...

"The relationship with LP has increased sales volume to historical levels and Barrier anticipates that sales will continue to grow substantially through the efforts of LP’s sales and marketing team."

"Barrier’s primary business is in the United States but through developing distribution partnerships is endeavoring to enter building products markets in Australia, Europe, and South America. Barrier possesses a proprietary fire resistive material technology (Pyrotite®) and a patented manufacturing process that when applied to building materials their respective fire resistant properties are significantly enhanced.

"During the current quarter, LP and Barrier elected to extend their existing Supply Agreement through December 31, 2013, with an option to extend through December 31, 2014 with mutual agreement. LP is the largest producer of Oriented Strand Board (OSB) in the world and believes that Barrier’s Pyrotite Technology helps them achieve their strategy of providing “value added” OSB products to the building community.

[Lucror]

Article highlights increasing demand in construction for flame retardant products.
http://beforeitsnews.com/business/2013/03/reportsnreports-flame-retardant-market-2493282.html

[Lucror]

IBTGF should benefit nicely from the ongoing housing recovery. The company was cash flow positive for the most recent quarter and turned a slight profit. In their latest press release the CEO stated this - "The majority of our increases in year to year business occurred in the final six months of the fiscal year ending June 30, 2013. We expect to see continued growth over the next six months as fire-rated wall assemblies utilizing our proprietary technology gain increasing attention and acceptance within the building community." This is a very bullshit statement for future growth going forward IMO. Low float of 34 mil. Market cap of 3.5 mil.