The cost of producing the raw materials used to make the live stock feed is about 1-5% of the wholesale cost. Varies between bags and bails. The machinery, buildings and property are already in place and in operation. My best most conservative estimate is that at full capacity operation the live stock feed has a produced cost that is 5-10% of the wholesale price. That is because 99% of the feed is a free to IFUS local waste fiber from the production of sugar that leaves waste fiber from the sugar cane. The IFUS plant is in the sugar cane production and sugar mill area of La.
IFUS has not increased the number of AS printable shares since 2010, that is 8 years they have not printed shares to pay the bills, including massive legal litigation costs.
Non profitable firms paying CEOs to line their pockets with huge salaries while they golf and live high on the hog while they dilute shareholders is not going on here. This CEO has worked second jobs to fund the company himself. With out a paycheck for years from IFUS shareholder dilution.
And even scam penny stocks have stock prices and market caps that are 10 to 50 times where the IFUS stock price is.
IFUS, unlike so many other penny stocks is real operating firm. Most others have no products, much less sales.
Once IFUS has enough sales and net profits, the CEO will have no reason not to report that in financial reports to OTC. Since he is not yet filing them, we can only assume it is not making massive profits, yet. But since the AS share count has not changed since 2010, no new shares printed to pay the bills, we should assume he has found ways to pay the bills other than printing shares.
This is a good thing!!!
