TSX Venture

[ibreken]

IXC.U earnings for third quarter are out, and they are good. Currently trading at 10 cents, up 2 cents today on tiny volume.
Just found this board, didn't realize it was here. Great board by the way


Revenue increase of 61 % year over year for the quarter, 31 % for the year.
Earnings of one cent [actually a tiny fraction more than one cent] for the quarter, cash on hand increased by more than 1 cent per share for the quarter to about 2.5 cents per share.
It appears business is going to continue in the second plant they were going to be shutting down into the new year as the orders from that customer continue to flow in.
Buyback of 100,000 shares took place during the quarter.
Cash on hand is now almost half a million dollars. With a little promotion this company would have no problem breaking 40 cents now.
Volume is very low and it's tough to buy shares but this stock should appreciate substantially from here.