Integrated Freight Corp (fka IFCR)

[DaveInMadisonWI]

I think you need to read between the lines on this one a little bit...

"On other matters relating to structure," Fuselier continued, "as a corporate strategy for calendar 2015, we do not anticipate, at this time, that a reverse split is advisable or practical. We anticipate that a reverse may however occur in calendar 2016."

Mr. Fuselier completed his comments regarding the IFCR structure by saying, "Most companies in the small public market require regular, recurring, forms of capital formation to operate. Integrated Freight is no exception and carries with it varying types of debt that may convert into shares of our common stock. Recently, some of these debt holders requested conversions as provided under existing contracts and the Company issued common stock pursuant to the contract terms.


This company is still almost 2 years behind in filings. How much debt accrued in recent years you think is still left to convert - I'm thinking quite a bit. :(

Take profits while you can here and don't invest more than you can afford to lose with this one. :( IMO.