Some good points G&L and what pleases me is that 2 people have had similar calls with DF several months apart.
Unlike you I’m not too bothered about audits and filings etc; he suggested that they are about 3/4 of the way through the re-auditing process so I guess the filings will happen at some point in the near future.
I get the impression that the filings don’t bother him because he knows that they will happen when the time is right; I also believe that he has some serious investors on the sidelines (I said that yesterday) and they will also commit when the time is right.
Wouldn’t be surprised if they settle the outstanding litigation to get rid of it once and for all which will be a serious step to getting new investors.
IMO, once the filings are current, any stop signs, crossbones or other limiting notices will be removed quite quickly so that’s not a big issue; add to that news of other acquisitions, 10K or 10Qs showing revenue, plus serious investors will have people desperate to buy into IFCR – in my opinion that’s a reality and the only question is when will it happen. Given the call I had yesterday with DF, my money is by the end of June 2016.
Per Ardua Ad Astra
