Waiting is one thing, but stock manipulation is another. This company deserves a better stock price right now. This is insane.
"Moreover, the Company has operated profitably and has posted positive EBITDA since the initiation of the turnaround. Today, even in a difficult but improving operating environment, our enterprise value is above $10,000,000 but we trade at a market capitalization of less than $100,000. We don't expect these economics to always be this way as we will no longer be patient with creditors who choose not to negotiate in good faith. To be clear, all alternatives are on the table to ensure that Integrated's inherent enterprise value and shareholders are protected." and "We believe that our business is substantially undervalued," said Hank Hoffman, IFCR COO. "For example, P/E ratios in the trucking industry are typically in the 17-18 range. Our company is a small but profitable niche motor carrier with run rate revenues in excess of $24 million. However, on a fully diluted basis we continue to trade at a P/E below 1.0. We believe that upon our filings becoming current that our valuation may recover to a level commensurate with a more typical truckload industry P/E multiple. What does this all mean? Go~~~$$IFCR$$
