And that's what they're doing Bud, paying off the debt with a mix of cash and shares. If they waited until they had enough cash they'd be paying a lot of interest so it's in the best interests of IFCR to pay it off sooner so cash and shares is the only way of doing it. Yes, this leads to dilution but what else can they do?
The sooner they pays off the debt, settle litigation and clear up the balance sheet, the sooner they can get bigger investors in to generate more acquisitions. If you look at the criteria for acquisition, they're being choosy about who they acquire - niche companies with positive cashflow and profit in a certain range (not too big and not small operations), they're guaranteeing increased profits. The problem is most of the retail investors want immediate profit but DFs in it for the long game.
Remember that a lot has been cleared up already and we're down to the last couple of issues now - once they're gone it will be a completely different ball game and IMO, that's going to happen soon, don't know when but my guess is within the next couple of months.
Give him a call and speak to him, I've done it and so have a number of other people on this board.
Per Ardua Ad Astra
