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Re: None

Friday, 05/02/2008 1:41:06 PM

Friday, May 02, 2008 1:41:06 PM

Post# of 2185
That PR was nonsense

I continue to watch here but I am very glad I got out.

"The company continues to keep details of its operations and production rates proprietary in order to maintain its expanding technological lead on competitors"

This is just ridiculous. Eventually those production rates will show up in the 10Q's as revenue anyway unless they aren't selling any gas. Is there some magic breakthrough that will happen for competitors in the next 2 months if they realize ITRP is producing 10,000 MCF a day?

There is nothing proprietary about production rates. This would be like Intel saying

"We are quite proud of our new chipset that will begin shipping next week but for proprietary reasons we cannot provide you any details about chip performance as this would hurt our technological lead on our competitors."

IMO the more likely reason its not being divulged is to keep shareholders in the dark about unsatisfactory production. The effect of a new CEO will be interesting to see but I wouldn't like this start if I held shares.

FWIW

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