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Re: None

Thursday, 06/02/2016 8:32:42 AM

Thursday, June 02, 2016 8:32:42 AM

Post# of 30846
Impressive upside potential for IFCR.

Reading the April 6, 2016 PR from the company, you can make some assumptions that place a much higher value on the stock.

https://finance.yahoo.com/news/ifcr-issues-companys-progress-155651137.html

In that PR, the President said this:
..."our enterprise value is above $10,000,000 but we trade at a market capitalization of less than $100,000."

What's Enterprise Value? (From Investopedia)

"Enterprise value can be thought of as the theoretical takeover price if the company were to bought."

http://www.investopedia.com/terms/e/enterprisevalue.asp?layout=infini&v=5B&adtest=5B&ato=3000

Note, from the quote above, that the President also mentioned that the current market cap was below $100,000 on April 6, 2016. The stock closed at $.0001 that day. Simple math will reveal that $100,000/$.0001=1 Billion shares outstanding on April 6, 2016.

Together, if the President said the company was worth ~$10,000,000 in takeover value and had 1 billion shares outstanding, then the fair price (market cap) would be $.01. (10,000,000/1,000,000,000=.01)

One Penny is a 25X bagger from the current price.

Of course that PR is from two months ago. Any number of things could have changed-- There may have been dilution since then, or some debt may have been favorably renegotiated, etc. But anyway you cut it, IMO, the stock is very undervalued. We will soon know just how undervalued when the filings hit...





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