Integrated Environmental Tech. (fka IEVM)

[markt1983]

About 600 wells is our best guess. Using the operating costs of roughly 3m and the 2 dollar per gallon of excelyte pricing the company presented at Enercom.

Last year they grew from only 40 wells being maintenanced to 235. Majority of the year was testing and not revenue generating. Revenue generation really took off in Q4.

More importantly they built 3 depots and a 4th this February that can each produce enough excelyte to service 1000 wells. So capacity is in place for 4000 wells and the CEO is on record saying he would like to have 8 depots opened by the fall of this year.

So the infrastructure is already in place for this thing to take off quickly. I feel this is imminent.

We could see something good in this annual, or we may have to wait for the quarterly. All depends what the company wants us to know right now. They do not usually pump exciting information like many other penny stocks. They stick to facts which means by time the good news comes out the best buying opportunity will have been missed...