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Thursday, April 27, 2006 3:36:24 PM
Some problems I see, however:
1) No financials were listed on the prospectus
2) It appears that unlike a brokerage, they won't guarantee the trade. Is that correct?
3) If it is such a good idea, why hasn't someone else done it?
4) No patents on technology. Why not? Will someone else claim the rights later on?
5) No business currently being done in the US. Not allowed, yet.
Those were some of my thoughts. However, I'm interested. I might do some more research on it. Overall, I'd say, however, that this stock is not likely to do anything. But I do like the website. It is well done.
Does anyone know how the UK site does. I guess that would be my screening question. If they do really well there, then I'd be more excited about it.
IRXI: $0.59b $0.65a 2,500 shares traded 25 min to go.
Ajor1
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