InvestorsHub Logo
Followers 34
Posts 808
Boards Moderated 0
Alias Born 12/03/2014

Re: None

Tuesday, 09/20/2016 5:45:03 PM

Tuesday, September 20, 2016 5:45:03 PM

Post# of 30846
If he is not taking a salary, if this is his only current company and since he is a big time shareholder, he clearly has a vested interest in seeing this stock increase. However, he is not looking for a slight uptick but instead, at the very least, a severe market correction which will be at or above the industry PE of 17x. Therefore, he has been delaying the release of audits and the naming of the CFO so as to release a train of PR's detailing the perfect storm in store. First of all, audits will detail current revenue, EBITDA and the drastically reduced debt. Second, the new CFO will be announced. Third, details on Smith Systems and whether Smith will rejoin the company or face the pending litigation from IFCR. And finally, they will release information regarding their 2+ new acquisitions and the additional revenue which the acquisitions will yield the company.
The ducks are in a row and IFCR is gonna blow.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.