Integrated Freight Corp (fka IFCR)

[Cosmic Chi]

I can see a slightly different scenario here...

When I spoke to DF a couple of weeks ago he said that the audits were 3/4 done so they can't be far away from being finished - they may be done already.

He said that 5M of debt/settlement is going to be done by March/April so that's close; he also has big investors lined up ready to move when the time is right, plus there's a lot of interest on these boards about IFCR so I reckon there's a lot of retail investors holding out until news hits.

What I reckon will happen is that the releases will happen within days not weeks, with news of other investors, acquisitions and debt/litigation settlement.

At the moment we can see a big wall on the Ask which makes me think the the MMs son't want to sell too many at the moment; once there's an opportunity for them to sell at a higher price they will and all of the retail investors will jump in and help to drive the price up. Provided they hold on and don't sell too early may also stop the MMs from walking the price back down.

I'm not too bothered about the flippers because they will back out when the price goes up.

I think that DF has a game plan and is waiting until the time is right - the reason this seems to have stalled is because of the issues with the auditors being decertified and having to find new ones.

Just my opinion of course...