Integrated Freight Corp (fka IFCR)

[eddy2]

Come on guys, let's have a ositive out look with this.

If the assets are less then the debt she is all good.

Let's take a look at the double entry on assets.

For every dollar of asset shown you have a dollar of liability. A company can write down 10% a year depending on what the asset is. Tax's on revenue is 25% so double the revenue tax would cover any write down in depreciation.

So if the depreciation is $10 revenue would have to be fifty dollars to cover the depreciation up side. Now it can be carried forward and yes that is still a liability but one that is in the hands of the corporation so the down side risk has now become treasury stock.

Because it's treasury stock it then becomes a upside risk as to wether revenue can be produced to unleash the assets tied up in depreciated assets.

You people are choke holding this company with your negative commentary. Let's move it ahead into the future.