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How about that News!!
Look at the phrasing
DNRG is in complete control. Their revolutionary technology is the future and they know it....COUNTRIES are in a bidding war over DNRG.
Neal Allen, CEO and Chairman of Dominovas Energy, noted, "I applaud the President's leadership, vision and commitment to the future of Madagascar. Several countries were considered by Dominovas Energy as a possible 'ground zero' for this power plant, but Madagascar has exhibited an unyielding commitment to this project from the initial introduction of the opportunity and has put in place exceptionally competent people to shepherd this project
PR on the 1.2 BILLION in financing and 650 MW facility coming out
Only real question is how big will the deal with Brazil be? 10 MW is purely a trial run.....the full deal has the potential to be bigger than the 650 MW deal with Madagascar. DNRG is running the show on two continents, other nations will come begging on their hands and knees with hamster yes looking for their own deals. That's what happens when you have revolutionary technology and the world is at your feet.
This stock ran to .30 on speculation and 1.5 before that.....this run will be on the solid, guaranteed deals and will put a smile on every shareholders face. This is the last call for shares at this level for all of time. Get in and hold on tight, this run will be the biggest ever
Way to say it. Weak hands are being shook. This company has a LOI with the country of Madagascar for 650MW. Madagascar is huge, 650MW is huge, this stock will be huge. Know what you have, it's Black and White.
The DD is extremely impressive. Is this the best MJ stock on the OTC? From what has been posted on this board, it is by a long shot!! An estimated .30 pps strictly from MJ and that's not counting the estimated $420,000,000 from oil.....the craziest part is the oil revenue estimation is at $40 a barrel....imagine at 100...we're talking over a billion dollars!!! I had to pinch myself!! I bought shares based on the MJ hype, thanks to the oil DD I will be buying millions and making millions!!!
Let's get filthy rich everyone!!!
What are the potential revenues? I'm surprised the bonds are at a 10% rate, but if the revenues and margins are high, it would explain everything.
Cheap shares for the biggest rip in MJ history. More than doubled the Recreational states this election and California is looking at 20 Billions from MJ.
MDBX ran from .03 to $215 on nothing....we have MJ, Oil, Dolomite and 30M more to put into oil and MJ
Someone call NASA, this is going to the Moon ¥€$$$$$$$
Remember Remember the 5th of November
Debt was 19M in 2011, pps .15
Company was never profitable until 2013, when David signed on and turned it around. This debt is negligible compared to the revenues. Everyone calm down. The severe reaction is because this is not the piece of news we were all waiting for. It is coming. We just saw the debt, next we will see the revenues. Take a breath and relax. This stock will surprise you
No R/S. The SEC informed IFCR that they would have to turn private if they performed a r/s due to lack of shareholders. The audits will be released soon, Stay Tuned Folks!!
I've been hearing whispers about this stock. New CEO with 25 yrs of exp, new company Headquarters, government contracts and revenue of about 5M....those .001 trades are designed to chum the water for sharks
From what I can see the issue on this board seems to be trader mentality. Always remember, whether you think you can or you think you can't, you're right.
It costs nothing to believe this stock will go up, when you've been down you begin to doubt and it is hard to believe but what is easy to do is to be open. Be open, relax and don't stop believing.
Yes. Pennies will follow on audits alone. After that, it's anyone's guess. With 2+ pending acquisitions, extra millions in cash from buyouts and the CFO announcement, this thing has no ceiling
The stands are full and investors are waiting for the ump to say play ball. As soon as that happens expect the PRs to rain down like a hurricane, one after another, and the share price will rally for weeks
Either way, this thing is valued higher and regardless this is the OTC, anything can happen. MDBX ran to over 200 on hype with no revs and no fundamentals. The spring here has been coiled for some time and this run will be #1 on the BOB's for weeks. The acquisitions will double and triple the revenue and we will be debt free which is unheard of on the OTC.
Now, this RS talk is ludicrous. I do not even want to have to address this but I have so that we can all completely condemn the idea
1.The difference in a r/s of say 100 at these levels vs at fair market place value is astronomical
Current:
10B shares and .0001 --> 100M * .01 = 1 Million market cap
10B shares and .015 --> 100M * $1.5 = 150 Million MK
2. Building on this, IFCR would at the very least, wait till acquisitions are finalized. Therefore, their revenues, share price and corresponding Market Cap would be significantly higher.
3. The purpose of a r/s is to uplist. And the NASDAQ requires a share price of $4 (even Amex requires $2) to uplist and therefore the r/s could only occur above a nickel to move the stock to the NASDAQ.
Overall, IFCR will only R/S when they plan to uplist. Remember the higher the pps at the split, the higher the corresponding market share will be post split. Therefore IFCR will wait till the share price is as high as possible to maximize the post split market cap. For a stock that has held share prices steady over a dime for years in the past, a dime would be the absolute minimum level to perform a r/s at. However, that was back when debt was around 20M and the company was not profitable. Imagine that! Now, we are profitable with negligible debt and pending acquisitions. This stock has no ceiling!
The average PE in the industry is 17x (from PR). The current is below about .1
Using your numbers and adjusting for the industry average PE, (.000876 x 17) we have .014892 or a share price of .015
90% better than OTC companies that are still traded. This is a 1 in a thousand stock. After I got burned on my first penny stock I researched every stock on the OTC, only after did I invest in IFCR. Releasing audits totaling 10-15 MILLION would make any other board go absolutely bananas. And it only gets better, the buyouts will increase EBITDA and allow for the acquisitions of better companies. Management cancelled an acquisition this year after doing additional DD and finding the company faulty. They only acquire the best!! They only keep the best!! This company is never going to be in the trips again. No other company has as much potential for a MDBX run like IFCR does. This is a once in a lifetime opportunity.
Watch out, this stock has the greatest revenue on the OTC for a stock at this pps....this weeks move will be surprisingly drastic and next week will be even better
I believe it. We will be rewarded for our patience this week.
This is the week!!!
Run has begun this week, I am expecting a run to springboard us way out of the trips.
Should look something like this:
http://img-ak.verticalresponse.com/media/0/c/5/0c510f238d/df1860b55b/aa6b082168/library/ACGX%20Chart.jpg
Happy Trading Everyone
Put yourself in his shoes and consider how you would announce updates to shareholders.
If you put out a PR here and there, sure the stock will climb but there are still more questions to be answered and thus the shift will not be significant enough for the pps to get back to a fair market evaluation. (Exactly what we saw in 2015).
Instead, what if you waited till the dust settled then you PR'd an update answering everyone's questions so far, then PR'd the audits and then PR'd an update on acquisitions. Informed investors are happy investors and the multitude on the sideline waiting for the updates will quickly buy in and the Long Term investors will happily buy more.
That part of the 10k explains the delay in audits and news.
IFCR has been up and down. They had a price of .15 in Sept 2011 and that was with 19M in debt and with a negative EBITDA. They turned their first profit in 2013 right after David took over. They suffered litigation as described in your post and the share price dropped to .015 in Spring 2015. Now, the company has lowered their debt to the lowest level ever. With Smith and Morris out of the way the company rids themselves of old baggage from the past and will take the 1M+ buyout money and use it for new acquisitions that fit their high standards and rigid requirements.
David and Hank are extremely accomplished and a look at their LinkedIn will show you that they have been in this industry since day one. The silence will be broken and the run will begin. With an industry PE of 17x vs the current IFCR PE of .1 this will have to reach .017 simply to be valued at the industry average of 17x. Will it go higher? Medbox ran to $200 on MJ hype and no longer exists. This is a 40yr company with minimal debt, Positive EBITDA, pending acquisitions and top level management who will be releasing a barrage of PRs detailing everything they have done behind the scenes leaving us like kids on Christmas morning, picking the biggest present under the tree.
This board does not have crazy pumpers telling everyone to buy, just long term investors who have done their due diligence, communicate with management and know what they have.
Release........The Kraken!!
Thank you Stonework. As far as the audits go, they were compiling the audits using another company and during the auditing the audit company was suspended. While this is not good for the audit company, it has nothing to do with IFCR as their books are compiled by their subsidiaries and the subsidiaries have to report their numbers to the parent company IFCR and therefore this system of checks and balances results in the numbers being verified by the subsidiary, the parent company and then the auditing company. All in all, the books are balanced and IFCR used a new company for their audits.
The CFO change was simply PR'd and not described. I therefore have no understanding of why Simmons left but he has a linkedin where you can contact him. Regardless, the current management is well connected to say the least, the President Hank previously served as Co-Chair of the National Defense Transportation Association and Vice President of the American Trucking Associations. Therefore it is my understanding that the new CFO will be an industry leader like the rest of the management
Thanks saratag. I have been an owner of IFCR for over a year and am completely convinced the stock is a multi-penny runner. As for the info I used, other than the noted (imo) parts, everything is either quoted or has been gleaned and compiled from over a years worth of PRs.
Looking into Smith Systems, they represent about $10M worth of run rate revenues and are therefore the biggest subsidiary. They were not included in the final audits. However, IMO, they have been audited. Why? Smith Systems is a legal entity of IFCR, when they discussed leaving IFCR they were promptly served with litigation. Looking from Smith Systems, they have nothing to lose from staying with IFCR and have a great deal of money to lose if they choose to buy themselves out of their parent company. Therefore I believe that Smith Systems will do the smart thing financially and stay with IFCR. This being said, since David has been attempting to rally a PR train filled with audits, acquisitions and management announcements, I could even see him PR the audits twice, the first time without Smith Systems and the second time with Smith Systems, increasing the stock rally.
All in all, this stock is David's "baby", he has worked hard on this company for years and the company has turned it all around, eliminating debt, increasing revenues, increasing EBITDA, increasing acquisitions, and strengthening management. Therefore, I understand his desire to line up all his ducks in a row before the PR barage, so as to have the greatest effect on the pps. Let's face it, this is the longest we have gone without a PR, IFCR will PR the audits, IFCR will PR the Acquisitions, IFCR will PR the CFO change, IFCR will run.
Thank you for the post G & L. I have been here over a year and then one day I remembered the quote, "Ye of little faith" and I realized that I was constantly tilling the "seed" of my investment. As the waiting game grew longer I had a hard time believing in the investment paying off and was wondering why it was not. Therefore, realizing I lacked the necessary conviction to have faith in the run, I compiled all of my DD and whenever doubt tried to sow a seed in my mind I simply corrected the doubt through the facts such as the millions in run rate revenues, eliminating all doubt and deepening my faith. Always remember that faith the size of a mustard seed can move a mountain.
Greetings All, I compiled my DD into the report below. Feel free to share and lets make some big money!!
The Case for IFCR: Pure and Simple, this company is on the verge of completing a successful turnaround and the market correction will be surprisingly drastic.
Who is IFCR: Integrated Freight Corporation is a niche market freighter with over 43 years in business, 368 trailers, 105 power units and 313 employees. The parent company is made up of the niche motor carrier subsidiaries Morris Transportation, American Transportation Logistics, SC Trucking and Smith Systems. The company focuses on niche markets as there is a growing demand for niche carriers and because niche carriers are able to demand a higher price for their services. The Management team is composed of industry veterans with over 100 years of combined experience in the field.
The Long and Short: IFCR's fiscal turnaround is nearing completion. In 2012 the company was in debt $19.6M and operated with a net income of ($5.4M) and EBITDA of (638k). Despite a revenue of $20.7M the company was in dire straits and thus brought in turnaround specialist David Fuselier and Vice President of the American Trucking Associations Henry Hoffman as CEO and President/COO, respectively. Along with the other members of the board and the management, IFCR has eliminated all but roughly $6M of debt. After acquiring SC Trucking in February of this year, IFCR's run rate revenues are expected to exceed $25M and they will be EBITDA positive by $2M. Putting this in perspective the COO, Hank Hoffman, was quoted in a PR as saying, "When we began the company turnaround in early fiscal 2013, IFCR was deeply in debt and had never generated a profit in its entire operating history." CEO David Fuselier added, " It is important to note that our first profit was reported in FYE 2013 with IFCR reporting continued financial improvement. Our subsidiaries are growing and have acquired new fleet models of tractors and trailers that increase our overall efficiencies. We have no events of defaults and limited normal course litigation at the subsidiary level. In short, we believe the market has not rewarded the patience of our long-term investors, or our operating efforts, due to the effect of recent convertible debt. It will not always be this way." With a closing stock price of $0.15 cents on September 15, 2011, there is reason to believe that this now profitable company is due and the upside will be significant.
The Red Numbers: According to a previous press release, IFCR's debt was approximately $10M, of which $8.7M was judgment creditor claims. 57% of the debt was held by a single individual while 23% of the $8.7M was held by a fund, and IFCR management legacy note holders. The rest of the debt was split into current litigation that is in various forms of settlement and considered working litigation and fees or accounts payable. In addition to this debt, the company was recently made aware of a judgement claim against them in excess of $8M, however in their recent press release the company stated that they expect the litigation to be settled in terms between $75k and $200k. According to the most recent press release from IFCR, the parent company has "negotiated, in terms, the settlement or conversion of approximately $4,000,000 of its outstanding debt; much of the debt is related to legacy judgment creditors as noted in the Company's previous press releases." All in all, the company has made large strides towards the complete elimination of their debt and there is reason to believe that the debt will be eliminated in its entirety by the end of this financial year.
The Black Numbers: As stated previously, the current expected revenues for the company are to exceed $24M and the EBITDA is to be positive. As far as penny stocks go, revenues of this caliber are far and few between. Additionally, this the only penny stock on the market that has revenue in the millions and a positive EBITDA while trading at par value. Something has to give. The main reason why the stock price has been kept at a PE of 0.1 for this long when the industry average is 17x, is because the audits have yet to be filed. This is because IFCR had to switch to a new auditing company. They have since done so and audits are expected to be released imminently. The only problem with the revenues is that one of the companies, Smith Systems is looking to split from the parent company, dropping revenues into the $16M range. This has not been settled and IFCR is currently pursuing litigation so as to either keep Smith Systems or to be reimbursed by the company for leaving. Therefore, the upcoming audits were delayed so as to account for the possibility of Smith Systems leaving. While litigation is ongoing, it would appear (imo) that Smith Systems will stay with the company rather than pay a potentially hefty price for leaving. Overall, $16M is still incredible revenue for a penny stock and the company has stated that they intend to acquire two more niche motor carriers, both with revenues between $5M and $15M so as to further increase their balance sheet, potentially more than doubling it.
Upcoming Acquisitions and Niche Strategy: Looking at the overall economy, with oil prices currently depressed, operating costs for trucking and transport companies are inherently down. However, according to a PR from IFCR in November, "Overall freight has been down because of continued weakness in the domestic economy." But, according to CEO David Fuselier, "This weaker-than-expected demand has actually benefited Integrated Freight substantially. Our three niche carriers typically transport very little retail merchandise and as a result, we have experienced only a marginal drop in total freight demand. However, other motor carriers have been unable to fully utilize their drivers and are reporting continued driver retention problems. Integrated, on the other hand, has experienced solid driver recruiting and retention." The trucking industry is notorious for low retention rates and the American Trucking Associations has forcasted a worse than expected truck driver shortage in the US over the next several years. However, due to IFCRs driver recruiting and development, their retention is remarkably higher than the industry average and their above-industry numbers prove that their strategy is working. In regards to their pending acquisitions, it appears that IFCR has been doing their due diligence in regards to their potential buyouts. In March of this year, Integrated withdrew their offer to acquire a Newark based trucking company with $5M in revenues. According to President Hoffman, the practices and procedure at the target company were inconsistent with our core beliefs regarding public safety within our industry. Making the necessary changes would be expensive, time-consuming, and would create an exposure that management believes is inconsistent with the best interests of Integrated Freight and our shareholders." This rejection proves that IFCR is not simply looking to inflate their balance sheet, instead they acquire only the companies that have been successful in their respective niche market and will add value to the company and its shareholders.
Share Structure: On July 22, IFCR approved a share increase from 5B to 10B shares. This was absolutely necessary as they had issued 4.8B shares and had 566M shares reserved for issue under outstanding convertible debt, leaving a negative balance of 397M shares. By increasing the amount of shares authorized, IFCR was able to pay off their convertible debt. Additionally on June 1, IFCR approved a R/S of 1000-1. This split will be used to up the price of the stock considerably...(sorry had to get one joke in here). While the timing of the r/s is yet to be determined, the CEO has been in communication with the stockholders and stated that he has no wish to r/s unless necessary and it appears the objective is to wait till the market responds to the improved financials and forthcoming audits so that the R/S occurs at or above true market value, which will allow for an uplist.
LAST CALL: In addition to the upcoming audits, IFCR has discussed a pending announcement of their new CFO. Who this will be is unknown but if the new hire is anything like the rest of the board, they will have decades of experience in business and in the trucking industry. As a current shareholder, I have been waiting for the market correction to occur and have been patient with this company as my due diligence and correspondence with management allow me to know what I have. I just have to sit back and watch the fireworks. Yet, patience can be trying and for those of you out there who feel this more than me, I would like to refer you to the fact that today is Columbus Day. Columbus founded this new world but did so through adversity. He even had to suppress a potential mutiny on his own ship as the sailors lacked faith and so on Oct 10th he bargained with them to push on for three more days and on Oct 12th they found land. We gain nothing from turning the ship around now, let us keep the faith, press on and reap our rewards!
He was a past CFO. Still, possibility remains that he could return. The upcoming PR will tell all.
It's best to focus on the positives and luckily for us we have everything piling up behind the scenes, it's about time Oz showed us what's behind the curtain
If he is not taking a salary, if this is his only current company and since he is a big time shareholder, he clearly has a vested interest in seeing this stock increase. However, he is not looking for a slight uptick but instead, at the very least, a severe market correction which will be at or above the industry PE of 17x. Therefore, he has been delaying the release of audits and the naming of the CFO so as to release a train of PR's detailing the perfect storm in store. First of all, audits will detail current revenue, EBITDA and the drastically reduced debt. Second, the new CFO will be announced. Third, details on Smith Systems and whether Smith will rejoin the company or face the pending litigation from IFCR. And finally, they will release information regarding their 2+ new acquisitions and the additional revenue which the acquisitions will yield the company.
The ducks are in a row and IFCR is gonna blow.
Stupendous DD, the boat thanks you. SC Trucking out of Philly is the 4th subsidiary.
Posted the same thing on GNCC, look at his posts, classic pumper
On the Ihub app there is a tab for "trades", it shows you the trade time and shares purchased/sold. Also, it gives you a good idea of where the stock is going as mm's use signal trades such as 100, 200, 300, 400, 500, 911, etc to signal what they are trying to do aka how they wish to manipulate the price action.
Look at all the 200 signal trades....someone needs shares badly.
That's what I'm talking about!! We'll soon be seeing a comma in the % gain.
This will run when the machines let it.
It's clearly an article with an agenda. The more ppl that know the better. If you check the DNRG board in January you'll see it, that is if they didn't take it down. Regardless he's a shorter trying to manipulate the weak hands.
The author was outed by anonymous for stock manipulation. They also hacked his email and forwarded a message he sent to his gf to his wife...dude is a joke