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An engagement letter for a subsidiary of a subsidiary for equity and debt. Well, if that isn't something to get excited over, what is?
Interesting to me that you would trust the company rather than crowd sourcing information from people with some interest (plus or minus) in the same thing.
I'll take the collective power of the internet over the words of a company PR guy every time.
"Hopefully new ticker & uplisting to a real exchange. :) "
I know that tune. I just don't want to be the one without a chair if the music stops.
Still have a 150k left. Even at .20 I did well. Whole bulls make money, bears make money, pigs get slaughtered thing... The accountant wasn't happy having to dig back to 07 to find cost basis on some of it for this year's taxes. Had this in a few accounts and cleared them out.
My position on this is just to be cautious. Anyone who plays with pennies knows that and anyone who has owned... Well, my certificates say IBAC on them (I don't count those in the 150k but they say 5M shares each)... knows that this company's history should be warning enough. Do the new certificates still say IBAC or have they been updated?
But the point to be taken there is maybe the fact that I still own it from IBAC to whatever the hotel thing was to OTC to IAHL to this.
This stock has made me a good amount of money over the years but it sure hasn't been from being a blind buy and hold.
If you want to ignore facts, so be it.
Try searching for their trademark.
I'm all for making money, but definitely against being unaware of obvious flags.
When dealing with tens/hundreds of thousands of dollars, I think it more than prudent to be aware of facts that can materially influence the position. It would then be left to the individual to make their own judgement of those facts as being good or bad.
I'm doing research, posing questions (admittedly weighted) and hoping to see someone else with something substantial to further influence my decisions. Right now, the most troubling thing to me is the fact that I could do better and be more convincing.
(and maybe I am doing it better ;) )
Anyone notice that part of the Altensol management team is the same person that was running IAHL PR 2+ years ago? Wonder if this is the same guy that is a Real Estate agent in Melbourne Florida.
Why hasn't Altensol posted the IAHL info on their own web site?
I'm not complaining about the price run-up as I've done well enough there, but I'm more than a little nervous about this considering how much info I've found. Maybe time to liquidate the chunks I have left while the liquidating is good.
Has anyone done any research into this setup other than call the people "running" it ??
Maybe they should hire me to clean up their tracks. Maybe they could hire my 12 year old. She could do better.
I've held this company a relatively long time. I have IBAC certificates from 2004 still. I accumulated a fairly large position over the years. After all the dividends and splits I ended up with 2M+ by time this turned into IAHL. My average cost is under $0.01.
Have another 450k I plan on selling off. Going to get down to 1M shares and probably put an GTC order to sell 500k @ .20 and forget about the position until that order triggers.
I have my own company that in the last couple years I have split into 3 companies. Each has grown with their own unique demands but overall the net effect has been almost no time for trading. Back when I bought this stock, I was spending 5-8 hours a day trading. Now, I sometimes go days without seeing anything more than the closing S&P number. The recent market bounces grabbed me this week because there is a LOT of money to be made in broad market moves of this magnitude and I'm trustee for a decent sized trust that has a very large exposure to the market. Figured I would work on checking on and cleaning up my portfolio while I was at it.
I've been shedding for a bit over a year. Accelerated trying to sell after the last couple PRs. Been difficult to find buyers. Last couple days have been a bit easier. Most of today's volume (3/4) is my selling.
#1 - I have way too much of this stock and not enough confidence behind my position.
#2 - I don't see any signs of PVD or any of the "original" IAHL story.
#3 - All my research on this indicates that IAHL is a dead stick.
#4 - The last name associated with this seems to be a real estate agent with a less than enviable track record.
Does that mean that this can't move still or some surprise show up? Not at all. As long as the share structure remains in place, it might do something. But I don't think it will be for any reasons that have been offered to date.
What indications are there that PVD is still involved?
Come end of the month, if nothing new, I'm going to start trying to unload. I don't even know if I can unload all of them. I suppose at the right price they will go.
This new "media" setup/guy has drained any enthusiasm or optimism I had left. Research him and all his sites (and all the other stuff associated with them) and decide for yourself.
For those that don't understand my last post....
Cape Coral, FL (PRWEB) February 18, 2010
IAHL Corporation (Other OTC: IAHL.PK) IAHL ...
Contact:
Curt Ruzicka
IAHL
321-223-2822
----THEN----
Domain Name: SKYINTEGRITY.COM
Registrar: GODADDY.COM, INC.
Whois Server: whois.godaddy.com
Referral URL: http://registrar.godaddy.com
Name Server: NS1008.DIZINC.COM
Name Server: NS1009.DIZINC.COM
Status: ok
Updated Date: 07-feb-2011
Creation Date: 25-jul-2008
Expiration Date: 25-jul-2011
----AND----
http://zfloridahomes.com/
Connect some dots and there you have it.
Whois skyintegrity.com and take from it what you will.
At least I'm not alone in my thinking... and I'm reminded as to why I keep holding on to most of my stock in this (I'm under 2M since I've been bleeding off stock since the .20s)
I'm also surprised that nobody has mentioned the conspicuous absence of certain names and information in that PR.
I keep this stock for the drama, not the company. It has become my silly indulgence much like buying lottery tickets. At least with this there is more than 60 seconds of suspense as the numbers drop to a woman wearing a slinky dress to announce with misplaced eager enthusiasm.
And, to post something a little more relevant, has anyone been paying attention to COMAC lately?
Not impressed. An enigmatic PR saying just what people want to hear. After a year, you would expect at least a well written PR. It's not like they haven't had some time to think it out.
I guess that as long as the diversification doesn't include hotels, steakhouses, hangover pills or convention centers I'll stick it out.
Exact same airframe. The airframes in storage are BN airframes. It would avoid a new certification from scratch even though there is likely going to need to be a new certification of the modified power plant configuration. Start digging into BN and Romanian contract production and you will find lots and lots of interesting things.
The BN Tri isn't currently in production. BN discontinued it. They haven't ruled out resurrecting the model, but the demand isn't quite there for the 3 engine configuration. That's supposed to be one of the Integrity's main selling points. The high rear mount would allow for the aircraft to remain powered while loading and unloading. No wing mounted props that need to be shut down.
I'm wondering how much of this is "someone".
It's looking more and more like it's just so little out there that popular sentiment can move it up and down. The mood on this board matches the movement of the stock.
I'm not so sure that the price of this thing isn't in our collective hands rather than in the hands of these phantoms. I think IAHL is a dead stick at the moment. But I'm betting that if enough people start flapping their arms, this thing will fly on it's own.
At least it's interesting in a good way at the moment.
I'm having a difficult time trying to remain objective with this stupid stock. I guess this gets about as close to gambling as it gets. Completely in the dark with no idea who you are sitting across the table from.
I'm tempted to start selling, but I'm also not so sure there is enough daily volume to absorb it without driving the price down.
I think the only solution is for someone to drive this over $1.00 and make the decision for me.
Does anyone have a D&B subscription? It looks like D&B updated IAHL Nov 1, 2009. 1/239-277-3883 is listed as the phone number for IAHL but I'm not sure that one is any good.
Would be interested in seeing what the D&B says, but to me it's not worth paying to see it.
There are also a few listings for PVD in the phone book. I'm sure that one of them is the one people have interest in. Although I have a million reasons to hope this will work out, I really don't have a single one to go chasing this much more than I have already.
I still own "quite a bit". I just had accumulated some in a bunch of smaller accounts I had. Decided to clean out the accounts and close them. All part of my bigger plan to simplify things for me. I still managed to scrape out a little profit even at .023
At this point, I don't really have any opinion as to the company. I can possibly see and understand a complete news blackout on it. The situation with the barrage of people calling Thrush was just pathetic and no doubt contributed to the deal falling apart.
But, I fear there is much less at play here. The stock doesn't seem to be trading well and it leads me to the baseless assumption that someone has an awful lot of these shares sitting around and benefits from carrying them at an elevated price. I know that this .03 level has made my one account look much different than it did at .02 or .01.
I'm just going to sit on my shares and check on things every now and again. I'm resigned to having to wait for someone or something else to come along with this stock.
Uhh.. am I going to get away with a simple "no" ??
Sorry about that drop. Cleaning out some little accounts and just wanted to empty everything. Fire-sale of 60k shares was easiest.
One order for 43k was at .023 and another 25k @ .02. Was trying to wake someone up to take the stuff. The .023 order sat for a while.
Famous last words.
Interesting. I put 50k shares out there @ .02 and it executed as 10k and 40k lots at 2:49pm.
Someone is buying from "us".
Exactly.
I sure wouldn't give a vague hint as to what was going on because everyone with $10 in this stock would be calling to see if it was true like they did with Thrush.
It's also the only reason I haven't gone public. Telling your "investors" where you think they can go and what act they can perform once they arrive is counter productive in that situation.
As for the $60M, that's not really all that much money. Assuming that it will come from, even in part, traditional lending sources would be foolish. There are a lot of people with a lot more than $60M to invest. $2M over lunch isn't difficult so $60M isn't a stretch.
Everyone also seems to be making the assumption that the $60M precedes a second transaction. The $60M could be concurrent and related to any acquisitions.
Furthermore, don't expect any quick answers. I'm still in a 4 party transaction that I've been back and forth negotiating for over 6 months now. It's going to be a minimum of another 2 months before I even get anything resembling a structured answer and then likely another 2 months to close the deal. Until I close the deal in 4+ months, I'm not telling anyone that isn't integrally involved with the deal a single detail. Admit to nothing and if cornered, only admit to having talks. Anything more opens the door to outside meddling that usually results in failed deals.
Investors seem to be comparatively content with the progress. It's obvious that this is an investment play and that necessarily precludes it from pleasing most here at all.
Simple, it's not inappropriate to disclose possibilities. It then is up to the individual investors to do their own research and decide for themselves what to make of it and what course to follow.
It becomes inappropriate to give a much more pointed answer with much more potential to influence an individual's decision to buy or sell.
In my original supposition, action still came down to a decision on the part of the reader. In offering a more clear cut defined indication of that supposition, the decision is clearly weighted in favor of the person making that definition (me).
It's been a difficult path trying to offer up possibilities, widely available fact and counter arguments without overly influencing someone merely by what I might post. My intention is to never directly influence someone's choice but rather offer up the right places to start looking for their own answer.
Emerson had it right, "A foolish consistency is the hobgoblin of little minds"
I've been considering my answer to your question(s). At this time, I would have to say that answering would be inappropriate.
The deeper you dig, the more interesting it becomes.
The Romaero deal entailed a purchase price, but also had a... ready for it? $60M investment requirement as part of the deal. Coincidence? Likely, but it's still worth a few brain cycles. There is an argument that BN defaulted on it's $60M investment and that IAHL will pull them out of the fire in the deal and get Integrity built for their effort.
Romaero has a facility at Baneasa International Airport. Some put the facility near the top of the list for international assembly firms. I've heard but not been able to confirm that they are working on sub assemblies for Boeing and Airbus. Their real estate is worth a few bucks, too.
It's a nice story because it has all the elements that are needed to make IAHL possible. They are all pieces that IAHL needs to put together and the history shows that it can be done because it has been done. This isn't uncharted territory.
The other story I've heard is that there is a deal with BAE to assume it's aerospace division. There was a deal in place with Calspan for $62M but it fell through. Rumor has it that it was a financing issue on Calspan's part. $60M is close enough to the established purchase price to make IAHL's $60M close enough in round terms to the price. BAE has a facility in CA that builds aircraft and drones, so there is the needed facility for Integrity along with a revenue stream.
I don't have a lot of faith in the BAE one. It's been pressed that BAE is in England and thus the trip. The problem there is that BAE aerospace is US based in Maryland and it's supposedly distinct from BAE UK for defense purposes (national secrecy and all that nonsense). The official story is that BAE made another aquisition in OH or PA and that they are going to use that to bolster that division and they pulled out of the deal with Calspan.
I much more prefer the BN story if one had to choose.
One circulating theory involves Britten-Norman. Under this scenario, the Britten-Norman division of B-N Group, would be responsible for building the Integrity. The Integrity is a variant of the Trislander which BN announced was to be built again back in 2003 but never did. There are some ambiguous references to negotiations to restart production which some have extended to believe that the design for the Trislander was sold and they needed to get it back. In any event, Trislander production never resumed.
B-N Group is now an amalgam of divisions. The aircraft building arm still builds Islanders and Defenders as well as final assembly for Cirrus. They, obviously, do work for other aircraft manufacturers. Rumor has it that the B-N branded aircraft division is doing very poorly (single digit airframe production per year) and some of the other divisions are doing much better. The privately held B-N Group might be very receptive to an outside tie-up either to unload the Britten-Norman or increase utilization.
Speculation of an IAHL tie-up increased with increased hiring by BN for its Isle of Wight facility for skilled trades and open positions in it's Cape Coral, FL office.
Britten-Norman's recent history involves nearly falling into receivership. Pilatus (another aircraft mfg.) took control and in turn sold the company to Biofarm, Inc. A shell corporation was established to purchase Britten-Norman Ltd. from Pilatus. (This is where you can see that an "empty" shell with no assets can buy something, it was done!) Without getting into all the sorid details, BN/Biofarm ended up in a tie-up with Romaero S.A.. Romaero is a leading aircraft assembly company and BN basic production was shifted to Romania. The Islanders and Defenders are built there, flown to Isle of Wight for final fitting.
BN Group also has a compostites production arm as well as a logistics arm and sales arms around the world.
Given the rumors of a poor fiancial condition at Britten-Norman, private ownership, other profitable groups within BN Group, the Trislander announcements, Florida connections and IAHL possession of partial Trislanders as well as a press release from London (near Isle of Wight BN HQ), some believe that this is what is afoot.
But, there is nothing to substantiate this.
Nothing has to be put up on the front side for the $60M. It's like a blank check corporation. The money is put up, likely with conditions that it only be used in a certain fashion and be repaid in full to the investors in the event that an acquisition doesn't take place within a given time frame.
In the case of a deal going through, the collateral becomes the new acquisition.
Getting $60M isn't impossible. It's not even overly difficult if you have the right story and something behind it. I've gotten commitments of $2M on just meeting with people and talking. No written plan or paperwork. Basically, I put forth the plan and they agreed to give me amounts at given milestones. Essentially, I did the work, made the deal and they pay for it when it comes time to pay. In return, they get first claim on whatever is bought or a percentage ownership.
Depending on how strong your plan is and how much you bring to the table, you can sometimes get buried in the deal and end up just making money for someone else. It comes down to convincing them that they will make money and you are the only one that can put all the pieces together to do it. You then have to value yourself high enough in the deal to keep control.
It's more than possible to buy assets with no assets, it's not the easiest thing, but it happens all the time. $60M really isn't all that much when you start working the numbers. It's not that uncommon to run across individuals who will write out a $5M check towards something like this. I've seen it more than one would expect.
The Thrush PR was true. There was a deal. It didn't go through, but it was real and the PRs about the deal were true.
"Many here know that Wayne Burmaster is on the BOD at the present time"
Many here don't know that and I would appreciate some guidance as to where that might be confirmed.
Assuming that is true and assuming that this named individual is involved, that wouldn't necessarily be a problem. It's quite possible that it was a requirement of the sale to maintain a board member from the previous regime. His presence in itself doesn't seem worrisome to me depending on the amount of influence he wields. There were some hints earlier towards some internal strife among the inside investors. It's quite possible those comments were shadows of such strife.
As I considered earlier, PVD is rapidly approaching a point where he will be personally defined. The question is, is he Hero or Villain? This looks to come down to his choice. With a bit of disclosure, he could clear himself if he is the former. The silence only points his path towards the latter.
If this is a scam, it's something that's been a distinct possibility from day one and that's been no secret. If you are going to get all bent out of shape because it turns out to be, you had no business in the world getting into this in the first place. Putting money into this is your own fault as are any and all losses you might see. Nobody forced you to buy. You bought out of greed and now want to be able to blame someone other than yourself.
I did a lot of research last night. A lot, even for me. I went back into the history of this shell 3 iterations back. The hotel/restaurant version (ICAN?) looked pretty promising. The pieces were there to make money. From the outside it looks like they were so busy trying to steal shareholder money that they messed up a chance to make a whole hell of a lot more real money.
I checked on what I can find about the shell. I'm having trouble getting things to line up making complete sense, but it looks like TSXT bought the shell for $250,000. There were likely other strings attached, but it also looks like it never completed and maybe reverted back to ICAN. It then looks like IAHL got the shell for $100,000. I can only speculate that there were quite a few strings attached there, also. I would venture that the mix of shares was the back room portion of the deal. If that's true, $100,000 is cheap for a shell. I've been quoted upwards of $850,000 for "nice, clean" shells.
I also dug deeper into Integrity. It's real. I have no doubt. If someone wants to see that for themselves, get in touch with Honeywell, BN, Thrush and a number of other companies in the field. They will all tell you it's real. They will all tell you that it comes down to finding a way to build it. It's past paper, way past. There are a lot of interesting possibilities for Integrity to be built and to fly. I've gotten enough information to almost believe that I could get the thing built if I had the rights to do so.
But, all of that really doesn't matter at this point. There is a problem. There are issues. There now is an all too real specter of death clouding IAHL. There are too many inconsistencies apparent. There are forces at work that the general population of shareholders aren't aware of and they are dramatically influencing the price.
This is the point where PVD has to step up and show us what he is made of and what kind of man he is. My epiphany last night was a complete realization that IAHL and Integrity are real, can work and can make money. But... They won't do a damn thing unless there is the right person at the helm. I've got serious reservations building at this point.
This has purely become a bet on PVD. If we are being sold out, we should be told. If he is selling us out, then that is a personal reflection on him. He is the steward of our interests and guardian of the vision that is Integrity. If he has sold out that interest, then shame on him. If it was all a fabrication, then he is the one that has to live with what he has done to us.
But even so, we all hold full accountability to ourselves for literally buying into someone else.
Interesting how this stock holds after "bad" news and new accusations flourish.
But, if one were to actually do a bit of research and look at even the history of BN, they would see that empty shells can buy real assets and can be real companies.
Baseless accusations do nobody any good except to try and influence those who aren't willing to take responsibility for their own actions.
Figure things on your own with some facts instead of the BS shoveled onto the message boards by nameless, faceless people with and agenda that more than likely involves their profiting from your ignorance.
There is verifiable 3rd party information that supports the existence of Integrity. There is also similar information that confirms that it is possible for IAHL to complete the task they claim.
It's not a matter of if or how, it's a matter of will. Does PVD have the will and conviction to pull it off? At this point, it's more a bet on the public face of IAHL than on the story.
THIS is why I like to play with a little stock every now and again. It's pure entertainment. People go to movies and buy DVDs and PS3 games. I use my money on these stocks and watch for fun.
Sometimes, I even make a little money!
I admit to selling off earlier in the week. I got out between .020 and .024. I've been adding it back in under .018. From the sounds of it, Zach is a little bit behind me overall now in holdings so I think it's probably safe to assume that at least 10% of IAHL stock is held long by people posting here.
I was the one that was having problems with filling orders. I've had lots of big orders at the ask not fill completely. It's been getting more and more difficult to get the big orders to fill but I put them in near the open and let them sit all day and see what I can scoop up.
Gave this some more thought on the way home last night. There is one other potential issue. If Integrity is based on the BN Trislander, I'm not so sure they can just build them. There might be a question of intellectual property here. If the aircraft is essentially identical to the Trislander, there might need to be some sort of agreement with BN regardless of who builds the aircraft.
I'm also fairly certain that even if BN isn't a takeover target that it would be an excellent choice to team up with them to make the airframes. Romaero does manufacture components for other manufacturers such as Boeing and Airbus. There isn't any reason they couldn't do so for IAHL. Since they have intimate knowledge of the basic airframe Integrity appears to be built on, they are still a good fit. I also believe that BN has a logistics arm that could provide for seamless delivery of components for final assembly elsewhere.
My point was that you just automatically assume the worst without even exploring the possibility that they could be on to something.
Admittedly, I take the Devil's advocate position and sometimes revel in it a bit too much and around here, it's easy to find people who say IAHL is rubbish.
My speculation thought goes something like this:
We got a PR from London. What could PVD be doing in the UK? What is in the UK? There are 2 companies there capable of working on Integrity that I could find. The obvious one is BN. They are based on the Isle of Wight, just a short hop from London. They have ties to Romaero S.A. as in they own them. That's the Romanian manufacturing for BN. They were purchased in 1999 for $21M plus some assurances of another $60M in investment. Furthermore, BN is the genesis of the Integrity. BN could build Integrity with their eyes closed and provide the world wide support that it would take.
Coincidence? I don't know. But I'll eagerly listen to anyone with a better attempt at connecting dots.
But, there are some things that definitely do set IAHL apart from most pink sheets. They have what amounts to a 3rd party confirmation that the Integrity program exists and they are trying to build the thing. Someone outside the company and (now) unrelated to the company says it exists.
HAL, a major Indian aerospace company with a contract with Honeywell mentions IAHL by name and the Integrity program. They wouldn't mention them if they weren't a player. Honeywell and HAL have a reputation and wouldn't chance associating themselves with something unless they saw possibilities. One might even argue that Honeywell signed the agreement in part because they anticipate Integrity helping to boost demand, but that's a bit more speculation.
We have PVD in England. If he is working on IAHL business, it was either in England or he was there on a layover. I don't imagine that London was there by accident. It would have been all too easy to have it listed as from FL.
There is mention of around the clock work with all the time zones. Well, you take FL, UK and Romania and you have a lot of the world covered. BN also has Australian interests. That just about circles the globe. I think there were other references to Australia was back somewhere.
Financing is a bit more interesting. But, if one digs into BN history, they were bought by a shell back in 1998. Dig and you can even find the documents on how it was structured. BN is now, from what I can tell, held privately by a family with ties to oil money in Oman. If this is true, there are definite possibilities that they might be able to find quite a bit of financing there.
They are all just pieces, but they fit together so damn well.
Regardless, it still comes down to Integrity being an active project and IAHL isn't some shell sitting there puffing smoke. To me, there is no doubt that this isn't your average pink play.
Yeah, there aren't any facts here. But DD includes seeing if the story we are presented could even be true.
From what I've read, it's possible. Now, I need to decide if it's probable.
Another remote possibility that has been brought to my attention is BAE Flight Systems. The Calspan deal didn't close ($62.5M) and was called off 6/13/08.
BAE Claims that they are going to expand themselves by teaming flight systems up with another acquisition and that seems to make sense.
I don't think that it's really a viable option, but it does point to the fact that there are a lot of options out there. Integrity needs a facility with the tooling and personnel to build it.
Interestingly, I know of an almost perfect place to build Integrity but I'm not so sure that IAHL wants to start with nothing more than a building and airport access. It would be a cool place in a way as the facility is dripping with aviation history. I know that there is at least a small pool of labor available in the area but I'm pretty sure that this program calls for a lot more in place.
Liable, do some research for yourself instead of just playing the safe card and going with the high-odds bet when dealing with a pink sheet stock.
Lots and lots of pink sheet stocks have little foundation to stand on. Once you dig into their plans, it becomes obvious that they haven't a chance of completing what they claim to do.
I believe IAHL does have a chance. But, it all comes down to management. If they can secure a deal with BN, they won't even need the aircraft shells. They will have access to the original plans and likely the jigs and forms to build them from scratch. I believe they would even have access to composite manufacturing. They will also have access to manufacturing at a very competitive price. The smaller Islander can be purchased for under $1M and is currently in production.
The Trislander isn't in production. BN has been claiming to be bringing it back for nearly 5 years now. The hold back? I don't know, but it possibly could be the need for something that IAHL could provide. It might be funding, it might be additional management to handle the expanded programs. It might simply be that they are too busy with the Islander and Defender to do it.
But, the market is there now. Twin otters are selling pre-production and a raft of other companies are bringing old designs out of the moth balls and bringing them back into the market.
And those Trislander shells? They might be no good at this point. They might need too much remediation or they might be the previous design. But they might be viable also. That's not really the issue.
If IAHL can tie up with BN, then Integrity is 90% built. But it's also pure speculation as to IAHL even talking with BN let alone making a deal.
But, if you wanted to do some research, start looking back to about 1998 where Biofarm purchased BN. The Biofarm deal, in itself, is immensely revealing but there are also a lot of tie ins with production facilities and the like. If you keep tracing BN, you will see that it expanded it's capabilities and markets as well as established a strong world wide support network. All things that Integrity would greatly benefit from if not require. BN appears to be privately owned at the moment. I don't know financials, but I can imagine that they wouldn't be opposed to the right deal at the right time.
Of course, this is pure speculation and outside thinking of best case possibilities.
Typical reply from someone with no argument.
Since I have no PM, to the person who sent me a link to "a place already familiar", You have the name, Baneasa is the place. Two sides to the same coin.
I'm sure you already did your homework and see how it could all too easily fit together.
If that's the play? Then there is no such thing as owning too much of this stock.
Go looking for a pink elephant, you will find one. It's a self fulfilling prophesy and it's the path of least resistance. Minimal effort for probable outcomes. 68% of statistics are misleading.
Most of the hope for IAHL came from Thrush. But if you go back and look, Integrity was the root stock of this company. That has never changed even though much attention was devoted to Thrush.
The idea is there and it's the right time for it. The market it hungry for it and the avenue is available. Now, the question is, does PVD have what it takes to make it come together.
Lastly, what protection is there for IAHL to keep from someone buying them up? Are the preferred shares convertible or have different voting rights?
That's the thing confusing me. The trading is a little... odd.
Now I got myself all excited at the prospect of IAHL getting production space at Baneasa and there isn't even a hint of evidence that they will. I think I'm going to try and just ignore this stock for a couple months and see what happens.