Value Microcaps Motherboard

[jaybird249]

More ILC DD: ILC provides teleconference and vidoeconferencing services. ILC has 33 MM diluted shares outstanding and a $17 MM market cap.

1) In the last quarter ILC achieved EBITDA of $800,000. ILC is forecasting in excess of 25% growth for 2007.

2)The potential value for ILC is in the $2 range BASED ON PROJECTED 2007 EBITDA OF $5 MILLION and a reasonable valuation at 12- 15 X EBITDA.

Comparables:

Another videoconference company, RNDC, was purchased for $160 MM at a value of 16 X EBITDA.

3) ILC just shored up its balance sheet- it now has positove working capital.