Death Spiral and Ghost Busters

[maz1978]

IFCR is currently sitting at .0002 but producing over 20 mill in revs. Conversions have hammered on the price over the last few months and left it extremely under valued....loading and waiting for the bounce

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." 

http://www.otcmarkets.com/stock/IFCR/news ;


For the fiscal year ended March 31, 2015, we reported revenues of $18,970,809 as compared to revenues of $20,166,312 for the fiscal year ended March 31, 2014, 

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10807520 ;

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