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Wow wondering why you would do that. There is no chance of BK here. Even If they do R/S it will only go down a few ticks.. Not 50% maybe 10-15% at the most. But to me its highly unlikely.
Sell if you want but you will always lose out if you react on every board post.
I emailed him last night because I was psst off that the PR didn't come .. he said that he will try to get it out today.
He said for me not to give commit to expectations specific dates. If he is delayed he its because things are changing, he if wait for updates from his negotiations or he does not have the time.
If it doesn't come today have some patients! I believe and trust him. He does eventually deliver. I am in invested in 3 other pinks and have not heard updates from the company in 6 month. Some don't even communicate. At least we are hearing something.
I am only give you what I hear.. Dont kill the messenger.
Please note that last time he said Monday or Tuesday the actual PR came out 2 weeks later. Not my fault.
Hopefully. He told me a PR today and one on Friday. There will be acquisition news and news that of the new CFO. I also hope he will give us audit dates.
I agree with you.. I hope David sticks to his word.
The way I look at it is if we do a R/S after audits, acquisitions completed and debt cleared we should be in great shape. I feel that if all above is done it will boost the price up to at least $0.005-6 then I expect a R/S to uplist IFCR to a higher rating. Maybe bring us up to $0.50-$0.60
I could be wrong maybe they will not R/S if there is enough positive momentum after the audits to bring us into the pennys.
If a R/S does happen you will not lose on your investment if you don't panic sell. Sure it will go down 5-10 points but most likely to rebound as new buys are introduced to IFCR... A higher ticker will attract more mainstream investors and IFCR will be at the perfect position to run big. Either way to me it doesn't matter.. At least with a R/S if it goes down a few ticks you are not losing 50% of your investment.
My thinking:
1) IFCR will be current (Audits)- August
2) debt cleaned up- end of August
3) 2 new acquisitions $20M ($45-50M company)
4) maybe a R/S brings us into a new trading market at $0.60. Maybe the above positive momentum will push us up there without needing to R/S.
That's not bad. Last time we went to 4's it was 800M and that came down in 3 day.
Do you have L2 access.. Wondering how big the wall is at 2's.
I really don't know. He mentioned a while back that the R/S is intended to uplist. I don't know if they will or not.
If there is enough positive momentum a R/S may not be need. It is possible that it will happen.
He really didn't tell me anything specific like dates or time frames except that he will be releasing a PR tomorrow and one on Friday. He will get into more details in the PR.
Everything else discussed is already public knowledge. He mentioned that they have secured funding for 2 acquisitions. I guess this must be public knowledge as the bankers know about it..
He said there will be big news in the PR on Friday too.
I am just a concerned stock holder.. Two months ago I emailed and called David every day. Other posters claimed to have talked to David and posted a few updates on the board. I wanted to do my own DD and hear for myself what his plans and intentions were with the company.
He gave me the good and the bad. He was very straight up about the litigation and his plans for the company. He was not able to say anything specific as to exact time frame.
Everything that he told me came out on the last PR. The only thing was the PR that he promised was delayed 3 weeks. Really I am not sure why he called me. Maybe because I am holding a ton of shares.
He has big plans for the company and after speaking with him I believe IFCR is a golden opportunity. Way under valued.. Real company with 300+ employees. Soon to be a $50M company. I think if you hold you could see it pay off 100X. To be honest I have been trading in the pinks on and off for awhile and never found a company with this much potential.
Don't take it from me.. I would call him yourself
(203) 628-7142 David.Fuselier@fuselierco.com
Hey Witty, no I did not have the chance to ask him. David called me out of the blue and the conversion was cut short. He had a call on the other line from his bank and had to let me go.
True.. He is not very timely.
David Fuselier called me an hour ago and told me that he will.
No not me.
David said that a PR will be out tomorrow and another on Friday. He apologized for being quiet.. There are a lot of things in the works and are moving in the right direction.
Guys... There will not be any more 1's by tomorrow. David just called me and said something big will be announced tomorrow. They just received funding approval for two acquisitions.
FYI- R/S may not be needed.
Something is happening very soon that is great news.. There will be a PR coming out tomorrow and another bybthe end of this week.
If thats the case we only have a week or two to pick up some 1's because when the audits come out 2's & 3's with be the admissions price.
I just put an order in for more 1's. Not sure if there will be any available on Monday.
Hoping to add another 20-30M
Nope. I am setting up to invest.. Make money.
Maybe buy some more ones and sell a few at 4's.
Im holding long-term on this one.
This will jump up to $0.0004 in the next two weeks anticipating the audit release.
Then can go either way -
After the financial audit hit this could go up to $0.001. If followed by acquisition news could hit$0.01.
Or
If the audit does not come out in two to three weeks it will go back down to $0.0001
Remember we heard that a R/S is intended to up list. If the news is positive then the price will only go up and a R/S is not needed.
There are benefits of a R/S..it will introduce a whole different bunch of investors who usually stay away from triple zero stocks. You will see more money coming in not just $40 orders.
Q2 end is September 30th..their fiscal year end is March 31
I just think he was busy. When I spoke with him a few weeks back he apologized that it took him a long to call me. He said he was very busy with hiring a new CFO, acquisitions settling the debt and the legal issues.
I sent him an email this morning "Still no PR! We are now stuck at no bids"
Maybe he needed a friendly reminder.
Im thinking in 2-3 weeks. Makes sense with PR timing.
When the financials come out in August IFCR will have some legs and should go up a few ticks.
David is busy and was waiting to provide relevant updates.
I like it. Great timing.
Maybe not if you are a one tick flipper but for long-term there is a plan in place for growth. I don't think you will lose.
When the Smith issue is squashed in court and the acquisitions go through.. Who cares about a R/S ($50M company)
This is good news! It's aligns to what was mentioned in our phone call.
Thank you David!
I don't know what to believe.. He confirmed that he was going to release a PR for last week on Monday or Tuesday.. It never came..
To be honest I will wait until a PR. Not sure if he is telling to entire story. I tried to get him to reply on email.. He will only talk over the phone.
I do believe that we are at the turning point. If he is committed to deliver every thing that he mentioned I think we will be in good shape. I see this stock sitting at $0.40 after the R/S and possibly upto $0.70 after the acquisition.
He did tell me that they will be current with audits released before any R/S.
I am holding and waiting
It looks like people are still buying. R/S could be a good thing expecially if debt is being reduced, 2 more acquisitions in the works adding $25M to the revenue. The R/S will bring new eyes to IFCR and a different class of investors.
My 2 cents... Majority of investors are more nervous buying stock at $0.0001 vs $0.10.
I am invested a ton in IFCR and very interested to see where this goes.
So when IFCR does the R/S the share price of 0.0001 will be at $0.10. Currently at $0.0001 IFCR has a value of $10M.
You are saying that the authorized shares will remain at 10B after the R/S (new share price of $0.10) so IFCR will now be valued at $100M??
That's not correct.. If they r/s the 1:1000 then the number of available shares are also 1:1000.
Pots#26007 by DaReal. Read it!
This was already posted by DaReal last month... So we already new about this news
We already know this.. This news is not unexpected.
Still coming
Thanks for the info
Whats the buy and ask at now?