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Re: Trofee post# 1033

Thursday, 10/04/2018 1:05:37 PM

Thursday, October 04, 2018 1:05:37 PM

Post# of 1650
I agree, I am looking forward to forecasts regarding fiscal year 2019 and the first quarter results in November. I don't expect much for the last quarter of fiscal 2018. This quote from third quarter fiscal 2018 seems to suggests a non-profitable fourth quarter.

“Achieving operational profitability was a key goal for the Company. Further, once we absorb the fundraising expenses we have incurred in the current quarter, I expect continued significant improvement in many areas of operations in the next 12 months, as we look to strengthen our ability to serve a growing customer base as well as look to capitalize on opportunities in existing and new markets.”

It doesn't seem that the markets are expecting much either. I am very optimistic about the long term prospects for IBC. I accumulated a lot in the .21-.22 range.