Integrated Environmental Tech. (fka IEVM)

[markt1983]

Honestly the scariest part of this stock is oil prices. If we were up around 80+ dollars like we were for the early part of this decade IEVM likely would have grown quickly and be a few dollars a share by now.

In February we hit a low of 25 dollars a barrel on oil. We have recovered to 50 bucks a barrel now so things are looking better. Largely this is why our first quarter this year was so awful.

But, it appears Russia and the United States have permanently damaged OPECs price control abilities and we may never again see the oil prices of the past.

As a result our customer pool has dropped off, but in a market where price is more important than ever we should be in a good position by being the low cost provider and having a superior product.

It may also be time for the company to begin exploring the other industries where the product is also useful.

I truly don't see this as mismanagement by the company. It truly has been a series of unfortunate events that have delayed this company from taking off, but in the end we will all make some good money here.