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Re: sweetstreet post# 8771

Tuesday, 05/09/2017 11:18:24 PM

Tuesday, May 09, 2017 11:18:24 PM

Post# of 20617
Possibly, sweetstreet. Runups in "anticipation" of a SIGNIFICANT EVENT rarely last. So INNV went from .66 back down to where we are now. No surprise there. What's going to drive the SP are basic fundamentals ..... net profits on revenues produced. I think the estimates are that FlutiCare, once launched and out there being purchased, will add close to $15 million in revenues to the bottom line. I have no idea how that will translate into net profits. However, if Guidance for 2017 was set at $15 million in revenues, that number just got doubled once FlutiCare has a year of sales under its belt. Net profits will undoubtedly go up as well. Nothing happens overnight. INNV is going to have to grind it out day after day to grow into a company that hopefully will be attractive for a buyout and big PAYDAY in the future.
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