Joemoney, alas! I have no free cash to buy into ILCC and won't until the end of the month.
Then, I plan to go long and look for plays along the way.
I've done quite a bit of research on this company and am very impressed.
The reason they are so cheap is; A...They just did an IPO nine months ago.
They started trading at about 2.00.
Since then, insiders and pre-listing buyers have been taking profits to bring it down to a nickel....but I don't expect it to last long.
Since 1998, when they started the business, they have made no money............until the last three months.
That's when they finally got approval from all the powers worldwide, including the FDA, to start marketing their VitalSAT medical machine.
The company has government funding, some of it in the form of grants(free), and have hired one of three new engineers to begin developing the FlipSAT, as hand held version of the VitalSAT.
They went public nine months ago and have already started to show earnings form sales of the VitalSAT....
This is just the beginning.
"Aim low Sheriff...They're ride'n snakes"
as usual...JMHO..SMD
