Let me start off by saying that like many, I’m not happy with the delay in submitting filings BUT my end game is to sell my shares for a substantial profit and this will always take precedence over timeliness of filings and PRS.
These are just a means to an end and for that reason, I can’t get annoyed by what’s happening and I do recognize that DF, HH and the rest of the team at IFCR are working damned hard to turn this company round from being a financial black hole to a profit generating business, and so far, I think they’re doing a damn fine job…
So, the fact that the overdue 10Q is further delayed might not be a bad thing...
Typically when results are issued for IFCR there's a few comments made here, the PPS moves up briefly but then drops back to the same levels as if it had never moved; this has happened several times lately.
In order to get the PPS up to what has been forecasted, $0.017 based on the numbers, new investors are needed along with sustained momentum and volume increase to get the PPS moving.
The delayed 10Q along with the new website, plus more definitive news of another acquisition, and perhaps the next 10Q (for the second quarter which is due on or before mid-November) could come in quick succession and generate sufficient momentum to move the PPS up and away from where it can be manipulated by the MMS and flippers, and to bring in new investors to consolidate any gains made.
Just a few thoughts, anyone have any other comments...
