Integrated Environmental Tech. (fka IEVM)

[markt1983]

Next one is due mid August. right around the 15th... All I know is that we are on pace for profitability by year end and sales are up...

Biggest difference from before is we have numerous Master Service Agreements in place. We might only have 10 or 20 wells on some of these, but previously we were always doing work for free and testing and now we are getting paid and have contracts that are easy to expand... This is a big part for the reduced costs for us! We have proven our product so we don't have to jump through as many hoops!!! Previously we were working for free and hoping to land the contract... We got used doing this previously imo...

The MSAs allow for more wells to be added easily under the same contract... Our customers are loving the product so the growth part should be easy... We are landing newly commissioned wells at this point which previously was not the case... If oil does spike any and our customers well count grows there is no doubt we will expand rapidly... Outside of that we just have to earn the business by adding new customers which is getting easier with the shrinking margins the producers are making right now...

So with the infrastructure we have right now I would say we have everything in place for rapid growth...

All we need is 130k gallons of month and we hit breakeven. At that point we are sitting at $.30 plus... 130k is roughly the equivalent of only 400 wells...

Everything is here... Felt this way for a while now... Seems the early year oil crash delayed us, but that is fine by me! I have added more than 1 million shares since the crash at insanely cheap prices... I could not be happier!