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Welcome onboard Don, have a read of some of Maz's DD on the stickies...
Way undervalued turnaround trucking company with $24M in revenue.
Latest findings due by the end of June are expected to show significant debt reduction and settlement of old litigation (before the CEO took position) as well as increased profit.
Enjoy the ride, it should be fast and furious when it comes...
Jvoigt, we don't know what the float is at the moment...
That's why we're waiting to see the filings and see what they say - many of us don't believe that it's as high as some people are saying...
Time will tell...
Per Ardua Ad Astra
OMG what is wrong with some people...
There was NEVER any indication of when the reaudited annual reports for 2013 and 2014 would be filed - just that they should be completed by now...
Why would they file now when they could file just before the 2015 reports???
Igor let's be careful what is said here - the PR only said that the audits should be done in 6 weeks, not that the audited reports would be filed then.
We don't want to scare people off if they don't appear tomorrow...
Morning Witty - the problem is that we don't know what the O/S is at the moment.
If you believe some people, it's maxed out at 5 billion - personally I think it's a lot less but we'll see when the filings come out within the next month...
D'oh...
Good call, just corrected it...
Today’s been a hugely important trading day – the first day in several months where the majority of transactions have been buys and the first time since February when we’ve gotten to 0003.
The MMs are probably aware of how much attention IFCR is getting on this and other message boards and they probably know that there are a lot of people waiting to jump in when the SP starts to move.
They will also know that the latest reports for 2015 are due to be filed within the next month and will show a company with significant revenue and profit.
Given all of this, I think they’ll control the way the SP moves up, by limiting the Bid and Ask to give them the maximum amount of profit.
Interesting time coming in the next 30 to 45 days...
Did my L2 just show a few trades of several million each without the Ask changing?
Thinking that CSTIs got a few shares hidden under the table...
Wonder if all the people watching on from the sidelines are nervous as the 2013 and 2014 filings SHOULD be completed by now and COULD be released at any moment
The filings will prove to the world that this company has been profitable for a few years now and that the execs are not lying, cheating, scamming thieves like some people have said in the past.
Perhaps that's why we've seen a lot of people getting in now before they have to fight to get in and it's only going to get better for us longs that are already bought in to IFCR...
Per Ardua Ad Astra
Trades of 4900 and 5000 shares - what are the MMs up to???
Can't understand why people are still saying that there's only so many shares on the Bid or Ask...
The MMs will build walls and pull them down just as quickly as they want to - this will not move until the 10Qs come out for 2015 followed by the 10K for 2015, period...
All of them shortly after the audited filings for 2013 and 2014...
Think some people ned to take a step back and look at the bigger picture of what's been happening here over the last few months...
Per Ardua Ad Astra
Because these filings are being audited it will confirm beyond doubt that DF and HH have been telling the truth about the state of the business and will reinforce their credibility.
MO only...
Igor, no they didn't, they said the audits should be completed within 6 weeks but they never mentioned when they would be refiled.
IMO they will file just before the 2015 filings - that may be imminent but by no means guaranteed...
Certainly should be...
Nothing confirmed Trueblue, only that they should be finished around now - he never guaranteed that they would be filed straight away...
He may elect to wait a couple of weeks and file 2013 and 2014 reports just before the latest reports to generate more momentum to move the SP up quicker/further.
Wouldn't be surprised if we get a PR to let us know that they are finished though...
Length of service isn't everything Maz - it's the quality of our actions when we serve and the impact that we have on others that are important - just like life...
If I read correctly, you were a medical professional too so you've probably given more back to others than you've received.
In nothing do men more nearly approach the gods than in giving health to men. ~Cicero
Have a great Memorial weekend...
Respect...
Sgt 'Bob'
Medic
UK Royal Air Force
1984 to 2006
You're right but if there is no reward, such as a divided for investors, why would you stay in this stock.
There are plenty of stocks out there that will reward you for being an investor.
One of the problems that we're gonna face is when people who have large numbers of shares start to sell them off - what's going to keep people invested when the price stabilises? Is IFCR going to offer a dividend to investors|? Is the price going to drop back down?
A big salute to all you military veterans out there from a veteran across the pond in Europe...
Good weekend to you all...
IMO the note holders aren't the only ones guilty here, the shooters and MMs have also paid a big part in what's happened.
I wonder if there are a few more million out there from the note holders that they're hanging on to for when the SP does start to move up, same from the other execs, especially if they're being paid with shares which DF alluded to some time ago.
Time will tell...
Per Ardua Ad Astra
OMG a dump of 5 million earlier today - maybe the CEO needed to cover a business lunch...
OMG OMG BK and RS happening this afternoon....
What I find amusing is that Blue Horse and his 'mini-me' Popococo really have no clue as to the share count despite all of their blustering, they're just trying to scare people into selling but they've failed miserably because people ain't selling because we're too close to lift off...
Wonder what the OS is going to be when the filings come out???
Given that we believe the MMs have been cross trading, the amount of dilution that people have mentioned may not be as bad as suggested - interesting to see how it impacts the share price...
Any thoughts anyone...
Per Ardua Ad Astra
OMG more dumping today...
About 1.6 million, wonder if a note holder needed $160 to fill their car with gas...
Where's your proof of the R/S???
I also think that some posters on this board (we know who they are) are deliberately shouting dilution, R/S and BK to scare people into selling in a sad attempt to pick up cheap shares.
Again, time will tell...
Thank you, I've been saying that the MMs are playing games for a while now...
This also calls into question whether the dilution will be as bad as some people are saying - I believe that the MMs are cross trading to give that impression.
Too many people are saying that they can't get trip 1s when there looks to be millions available.
We'll see when the filings come out...
Per Ardua Ad Astra
Ok, like I said, correct me if I'm wrong - clearly I was...
No more external trials for safety reasons but I'd be surprised if they didn't want to confirm that AC5 has potential to promote tissue growth and regeneration at ulcer sites.
Cutting 'healthy' tissue and sealing with AC5 is one thing but using on inflamed, infected and possibly necrotic tissue is another thing that could need some research. Having worked on infected wounds I know that they can be a real bitch to heal and often take a long time...
PersonallyI think they'll spend more time and effort gaining a foothold in Europe where the regulatory environment is less hostile - it's also a large market which will generate significant revenue and raise the profile of the company...
Just my thoughts...
GLTA
If I remember correctly, they're doing an external trial using dermatology patients undergoing skin lesion removal. Patients are having 2 or more lesions removed with the wounds treated with AC5 and a normal haemostatic agent - with this approach you not only get to see the efficacy of AC5 on humans but you can also compare the results against a standard haemostatic agent (remembering that these trials are the first on humans, all other tests have been on animals).
It would be more difficult to compare the two methods if you were using internal surgical procedures. For me this trial is about safety, effectiveness and the benefits of using AC5 rather than other agents.
Other external applications on burns, ulcers etc would be the next logical move followed at some point in the future with internal surgical applications.
Please correct me if I'm wrong on this - this is just from what I remember reading in previous posts...
Per Ardua Ad Astra
He doesn't have any facts, just wild 'stories' that have no substance, in an attempt to get people to panic sell...
OK, thought you were disagreeing...
Bon weekend...
"...audits to be completed within the next six weeks..."
Doesn't say that they will be filed immediately though - that's my point
Based on the latest release, IFCR have stated that the audits should be finished around the beginning of June BUT that doesn't mean that the findings will be released immediately.
They might choose to hold them back a couple of weeks and release with the latest 10Qs / 10K to generate more momentum.
Have a great weekend everyone, see you next week for another round of fighting, name calling, bashing...
We're getting closer to the day when this phoenix rises...
Per Ardua Ad Astra
I couldn't give a rat's ass what is on the Ask today or previous trading days.
All that matters is what happens when the reaudited filings are released along with the latest filings. THEN and only then will we get an accurate assessment of the situation.
You have no proof that 3.3Bn shares have been dumped - only that these shares have been traded and a lot of people, myself included, believe that the MMs have been cross trading to make it look like dumping.
I'm sure some them have come from debt/litigation settlement and acquisitions. What you feel to overlook is that shares coming from acquisitions are in exchange for greater revenue and ultimately PROFIT so the company is actually benefiting from them.
Clearly you have some issues with DF and IFCR and yet you're still allegedly holding onto shares yourself and then claiming that IFCR is near to bankruptcy - if you really believed that crap you'd have sold them to at least claw something back.
I can only assume that because you're still holding some, you actually believe that the SP will rise.
And by the way, I'm not a 'company man' - I live on a different continent across the pond...
Per Ardua Ad Astra
Your argument is flawed if those shares allegedly 'dumped' were actually issued as part of an acquisition payment which was finalised months ago.
He hasn't dumped them this week at all, they were probably issued long before any financing deal was signed off.
I spoke to DF a while ago now and he mentioned then that he has finance waiting to come onboard once debt and litigation are settled - seems like he's true to his word and not a lying, cheating, POS scumbag who's trying to steal our money as some people would have us believe.
Good on you David, bring on the filings...
Per Ardua Ad Astra
It depends on what his immediate goals are...
He could spend a lot of time, effort and money trying to get approval for their SVF extraction process in the US, fighting with the FDA and anyone else who has an involvement
OR
He can work with other overseas organisations that are prepared to pay top dollar for his product, building up a huge revenue stream and reputation which might be more beneficial in the longer term.
Just a thought...
The reaudited filings are probably going to filed around the first week of June - this will confirm previous earnings.
The 10Qs and 10K for the last financial year ended 31st March will be filed in accordance with SEC guidelines, which means by 30th June - this was from the CFO.
Personally I don't think there's been as much dilution as people are speculating - I think the MMs are playing games by cross trading to give the illusion of dilution to push impatient holders to sell.
They're holding this down by putting up massive walls but I reckon they'll take them down when they want to and that will be when the big run starts once the latest filings are out.
Just my thoughts, nothing concrete to go on...
What's really going to be interesting is to see the latest O/S and understand exactly how many extra shares have been issued in lieu of debt settlement and acquisition payments...
That was for the reaudited filings - he also said the current 10K would be published "within SEC guidelines" and that means 90 days after the end of the financial year (which in IFCRs case is the 31st March), which makes it 30th June 2016...