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PM is already over 4. Good day here.
ARCS- interesting; nobody is selling. Although bid sitters need to move up for it to move.
IFCR- great news out today. I have also been loading 1's.
~ IFCR = NEWS! = Issues Update..of..Company's~Progress!!
Published: Apr 6, 2016 11:57 a.m. ET
Continues Execution of Debt Reduction and Profitability Plan
DANBURY, CT, Apr 06, 2016 (Marketwired via COMTEX) -- Integrated Freight Corporation (otc pink:IFCR) today issued a recap of the results of its three-year turnaround and recovery effort. This recap serves as an interim report to shareholders prior to the Company's release of its SEC 10-K audited financials.
"Through Integrated Freight's first five years of operations from FY2008 through FY2012, the Company amassed long-term DEBT in excess of $20 million and had never achieved profitability. At the beginning of FY2013, the Company's new management team initiated its turnaround plan," stated David N. Fuselier, CEO of Integrated Freight. "Since that time, IFCR's debt has been reduced by half to less than $10 million. Moreover, the Company has operated profitably and has posted positive EBITDA since the initiation of the turnaround. Today, even in a difficult but improving operating environment, our enterprise value is above $10,000,000 but we trade at a market capitalization of less than $100,000. We don't expect these economics to always be this way as we will no longer be patient with creditors who choose not to negotiate in good faith. To be clear, all alternatives are on the table to ensure that Integrated's inherent enterprise value and shareholders are PROTECTED."
According to Jace Simmons, IFCR Chief Financial Officer, "Even with our progress, we have had difficulty with ongoing financing efforts due to our required restructuring effort and, most recently, critical filing delays caused by SEC sanctions of our former audit firm (see recent SEC 8-K dated March 4, 2016). While the SEC's administrative action in no way reflects upon IFCR's business or our restructuring efforts, it has created a filing delay which has substantially impacted our timeliness in capital formation and growth capabilities."
"We believe that our business is substantially undervalued," said Hank Hoffman, IFCR COO. "For example, P/E ratios in the trucking industry are typically in the 17-18 range. Our company is a small but profitable niche motor carrier with run rate revenues in excess of $24 million. However, on a fully diluted basis we CONTINUE to trade at a P/E below 1.0. We believe that upon our filings becoming current that our valuation may recover to a level commensurate with a more typical truckload industry P/E multiple."
About Integrated Freight Corporation Integrated Freight Corporation (otc pink:IFCR) provides LONG-HAUL, regional and local motor freight service. For its customers, the Company provides dry van and hazardous waste truckload services in well-established traffic lanes in the Upper Midwest, Texas, California and along the Atlantic seaboard. For its shareholders, Integrated Freight acquires operating motor freight companies that build, maintain and deliver shareholder value. The Company's corporate mission is to be the best niche motor carrier in North America.
Forward Looking Statements This press release may contain forward-looking statements, made in reliance upon Section 21D of the Exchange Act of 1934, which involve known and unknown risks, uncertainties or other factors that could cause actual results to differ materially from the results, performance, or expectations implied by these forward-looking statements. The Company's expectations, among other things, are dependent upon economic conditions, CONTINUED demand for its products, the availability of raw materials, retention of its key management and operating personnel, its ability to operate its subsidiary companies effectively, need for and availability of more capital as well as other uncontrollable or unknown factors which are more fully disclosed in the Company's 10-Ks and 10-Qs on file with the Securities and Exchange Commission.
We may from time to time make additional written and oral forward-looking statements, including statements contained in our FILINGS with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statements that may be made from time to time by us or on our behalf.
SOURCE: Integrated Freight Corporation
~ IFCR = NEWS! = Issues Update..of..Company's~Progress!!
Published: Apr 6, 2016 11:57 a.m. ET
Continues Execution of Debt Reduction and Profitability Plan
DANBURY, CT, Apr 06, 2016 (Marketwired via COMTEX) -- Integrated Freight Corporation (otc pink:IFCR) today issued a recap of the results of its three-year turnaround and recovery effort. This recap serves as an interim report to shareholders prior to the Company's release of its SEC 10-K audited financials.
"Through Integrated Freight's first five years of operations from FY2008 through FY2012, the Company amassed long-term DEBT in excess of $20 million and had never achieved profitability. At the beginning of FY2013, the Company's new management team initiated its turnaround plan," stated David N. Fuselier, CEO of Integrated Freight. "Since that time, IFCR's debt has been reduced by half to less than $10 million. Moreover, the Company has operated profitably and has posted positive EBITDA since the initiation of the turnaround. Today, even in a difficult but improving operating environment, our enterprise value is above $10,000,000 but we trade at a market capitalization of less than $100,000. We don't expect these economics to always be this way as we will no longer be patient with creditors who choose not to negotiate in good faith. To be clear, all alternatives are on the table to ensure that Integrated's inherent enterprise value and shareholders are PROTECTED."
According to Jace Simmons, IFCR Chief Financial Officer, "Even with our progress, we have had difficulty with ongoing financing efforts due to our required restructuring effort and, most recently, critical filing delays caused by SEC sanctions of our former audit firm (see recent SEC 8-K dated March 4, 2016). While the SEC's administrative action in no way reflects upon IFCR's business or our restructuring efforts, it has created a filing delay which has substantially impacted our timeliness in capital formation and growth capabilities."
"We believe that our business is substantially undervalued," said Hank Hoffman, IFCR COO. "For example, P/E ratios in the trucking industry are typically in the 17-18 range. Our company is a small but profitable niche motor carrier with run rate revenues in excess of $24 million. However, on a fully diluted basis we CONTINUE to trade at a P/E below 1.0. We believe that upon our filings becoming current that our valuation may recover to a level commensurate with a more typical truckload industry P/E multiple."
About Integrated Freight Corporation Integrated Freight Corporation (otc pink:IFCR) provides LONG-HAUL, regional and local motor freight service. For its customers, the Company provides dry van and hazardous waste truckload services in well-established traffic lanes in the Upper Midwest, Texas, California and along the Atlantic seaboard. For its shareholders, Integrated Freight acquires operating motor freight companies that build, maintain and deliver shareholder value. The Company's corporate mission is to be the best niche motor carrier in North America.
Forward Looking Statements This press release may contain forward-looking statements, made in reliance upon Section 21D of the Exchange Act of 1934, which involve known and unknown risks, uncertainties or other factors that could cause actual results to differ materially from the results, performance, or expectations implied by these forward-looking statements. The Company's expectations, among other things, are dependent upon economic conditions, CONTINUED demand for its products, the availability of raw materials, retention of its key management and operating personnel, its ability to operate its subsidiary companies effectively, need for and availability of more capital as well as other uncontrollable or unknown factors which are more fully disclosed in the Company's 10-Ks and 10-Qs on file with the Securities and Exchange Commission.
We may from time to time make additional written and oral forward-looking statements, including statements contained in our FILINGS with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statements that may be made from time to time by us or on our behalf.
SOURCE: Integrated Freight Corporation
AMBS- ugly scenario anyway you look at it.
The CEO does like his bread and butter. Thus lots of dilution continously.
Exactly- Smart people are loading here.
ARCS- nice consolidation before it runs hard. The name change news should help.
Lucky - still have my bids in.
ARCS- let's make the flippers chase. Once 13's are through ARCS could fly with little to no resistance.
ARCS- 13's back up. Let's break it and watch the flippers chase the run.
ARCS- Cusip Change Coming!?!==MMShorts~Will~BURN!
"Because of the CUSIP # change, the MMs will be required to account for each of the old shares with the new shares. Because of the name change, it's important because it forces the DTC to play a more finite role by not only accounting for the old shares to equal the new shares electronically, but forces them to match a "new inventory" of shares that have been given to them from the CUSIP Service Bureau as the new official/approved inventory by way of the shares given from the company/TA."
ARCS = Cusip Change Coming!?!==MMShorts~Will~BURN!
Name was Just Changed!! = Now: VAPE OUTLET, INC. From ARCIS RESOURCES CORPORATION!!
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=I0VRwLX5mKj9oGCNeCmB%252fQ%253d%253d&CorpName=VAPE+OUTLET%2c+INC.
http://www.sec.gov/answers/cusip.htm
http://www.investorvillage.com/smbd.asp?mb=4143&mn=285556&pt=msg&mid=13388680
ARCS- holding well after the first wave this morning. Lock and load here. It's going to run fast.
Small resistance at 13. Let's break it and it moves fast.
ARCS - I see what you did there. ARCS will be on fire today and the rest of the week
ARCS = Cusip Change Coming!?!==MMShorts~Will~BURN!
Name was Just Changed!! = Now: VAPE OUTLET, INC. From ARCIS RESOURCES CORPORATION!!
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=I0VRwLX5mKj9oGCNeCmB%252fQ%253d%253d&CorpName=VAPE+OUTLET%2c+INC.
http://www.sec.gov/answers/cusip.htm
http://www.investorvillage.com/smbd.asp?mb=4143&mn=285556&pt=msg&mid=13388680
ARCS = Cusip Change Coming!?!==MMShorts~Will~BURN!
Name was Just Changed!! = Now: VAPE OUTLET, INC. From ARCIS RESOURCES CORPORATION!!
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=I0VRwLX5mKj9oGCNeCmB%252fQ%253d%253d&CorpName=VAPE+OUTLET%2c+INC.
http://www.sec.gov/answers/cusip.htm
http://www.investorvillage.com/smbd.asp?mb=4143&mn=285556&pt=msg&mid=13388680
ARCS- an absolute redemption. ARCS will make MM's cover thus short squeeze in the making. Grad your seat belts.
ARCS - moving right up on the B.O.B. good looking chart. Ready to breakout.
ARCS - finishing up the day strong. Looking good for the rest of the week.
ARCS - pennies coming. Lock and Load.
HMY- strong day here.
ARCS- breaking out. Pennies coming.
Agreed. the potential is there. Smart People loaded up in the trips. Now let's watch it run.
ARCS - picking up steam again. Let's break the 1's and have a nice run.
PHOT- looking good today. Broke resistance at 26 and now good ol' consolidation before the next pop.
Good luck- ARCS is green!
ARCS - nice analogy. Load and enjoy the benefits later.
Agreed - RGBP making progress. Small steps, however moving forward.
Agreed - stocks move faster on stronger hands.
Nice buy. It's about to breakout.
From ARCS - no pm. Returned the mark though. Keep it up.
ARCS - thanks for the chart. The bottom has formed, accumulation has increased. All ingredients to bounce hard.
ARCS - loading zone.
ARCS - when news hits, ARCS will fly hard. Loading Zone here.
ARCS - support is too great to drop to 6. Nice try though. It could break past .001 today.
ARCS - agreed. Let's keep the buying pressure on to make them move their bid up.
Agreed. Reversal in the making. ARCS.