John: Re: It is just getting a little difficult to know what to believe with ILCO four month past THEIR estimated date for completion of their contracts but we wil all set here and wait and wait and wait . It would be nice to hear something good or bad.
If it were good but hadn’t passed the required benchmark that permits publication no response will be forthcoming. This is based on company responses to past inquiries. “ Nothing reported until the money is in the bank.” For me there could well be another reason for no notification. Anonymity might be appropriate to avoid complications of a political nature.
Consider bad news, such as cancelled contracts, lack of expected monetary results, seized shipment, waiting for insurance to cover loss, etc. From past experience, I didn’t and have not seen any real concern by the management as to price per share value. There is evidence such as the 2 reductions in the OS to present as investor concern.
To my way of seeing this, the odds are strongly in favor to the position there is no bad news as yet. If there were, why wouldn’t they go ahead and take a temporary hit to the pps and move on.
Anyway, this is a very speculative situation and is a startup company. There are always complications in any business. The possibilities for ILCO are multiplied by many factors just by the very region of the world in which we are operating.
An analogy comes to mind from an experience I had while working in England. The Grand National Steeplechase race was in the near future. Over there you could buy a square in the pool for as little a few pence. About 5 cents US. If you win, your square could return over a 100,000 pounds. For A NICKLE we get far more squares in this gamble and while the grand prize is only on the order of
many magnitudes, depending on the amount of success and time to maturation the limiting factor, I find the speculation worth the time and effort.
SharonB
I'm off to the gold course, CUL.
