Value Microcaps Motherboard

[jaybird249]

Updated IAGX DD Summary: I think IAGX could be $5 in a heartbeaty here is why

IAGX is in a Hot sector- nutraceuticals and natural pain treatments. IAGX LEAD PRODUCT, CELADRIN, HAS BEEN PROVEN AS THE MOST EFFECTIVE TREATMENT FOR JOINT PAIN AND OSTEOARTHRITIS A $2 BILLION MARKET:
http://www.celadrin.com/PDFs/Scripps_Study_PRESS_RELEASE.pdf

IAGX just reported Sales DOUBLED in March quarter to $2.2 MM. Reported $.01 EPS.
The March quarter was just the start. Since Celadrin is in many more stores now than it was in March quarter (over 10,000 stores) sales and profits will CONTINUE to surge. With 50% margins IAGX will earn $.05 per quarter on $3 MM sales per quarter and $.10 per quarter if sales rise to $4 MM per quarter!! Apply a 25 PE - IAGX could be a $10 stock.

6 MM float. $5 MM working capital and no debt.

IAGX currently sells to Costco Online, AND WILL BE IN COSTCO STORES LATER THIS YEAR !!

CEO states:
I am excited about the prospects for Imagenetix and believe we will continue to see growth during fiscal 2008 with solid gains in sales, gross margins and profits.
http://biz.yahoo.com/prnews/070628/nyth098.html?.v=101

IAGX also launched their own branded dietary supplements recently, carried by costco online and sold in CHINA:
http://www.imagenetix.net/articles/025.html

In conclusion, IAGX is set to go much higher in the short term.. whats a profitable company growing 50% per quarter with the lead product in a $2 Billion market worth?
A lot more than $1.49 per share.