NT so you say that a company is worthless until they make a profit. That alone shows you must have some agenda trying to keep the Share Price low.
I won't waste time of readers here by listing 100's of public stocks worth billions of dollars that have not turned a profit.
Here is my understanding; we have a PROVEN product that has a rating of R6.
The competition by Corning and DuPont has Zero R insulation rating.
The world is now looking to go green when possible. If the above is true, every builder has the option of telling new buyers that they are building the most environmentally friendly product, that will save home/office/University/Government buildings owners a ton of money on their heating and cooling bills. If I am a developer and know about this, why would I let them put in garbage vs. IVDN's?
They have not made a profit for some bogus reason, oh yeah they were sued in court with a false claim (probably induced by the competition) that their insulation didn't work. They had contracts with National big box retailers and supposedly major home builders (Ryan Homes?) that stopped for obvious reasons.
Credit to Joe for keeping the lights on through this attemp to put him out of business. So in a little bit of time if the case is completely thrown out the cash will roll in. If I was Corning or DuPont etc. I would try to buy them out or merge, so they could claim to have the best product BY FAR in the world.
If we only get 10% of this business it would mean many dollars to up the SP.
And by the way, if you are an outdoors clothing maker (Billions in sales per year) and can make your clothing many times warmer, how could you not buy and advertise it to consumers, especially if your competition does.
I think the biggest problem IVDN will have is not having a large enough sales team to promote and sell it. Right now nowbody knows about us, if Joe starts to promote and present at trade shows which will take a little time---look out.
Unless the Judge changes course, and I don't like people to hype stock, because mostly it's without merit, this should be a no-brainer to buy at just a few pennies per share. I have other stocks with supposed disruptive technology that once proven to work will make me rich. This is already proven! The gate that blocked our Secretariat is now running and we have the triple crown winning insulation.
Thanks to GD for all factual information.
