I spoke with Kip Eardley today about the audited financials that he released for ITRM earlier this month. I was startled to hear the myth say, "this is Kip" when he answered the phone.
I asked him why he released audited financials for the last two years. He said that any good company that's interested in merging will require that. He said that he has been encouraged by seeing some good mergers taking place over the last month.
He said there are always dying deals out there, but he's not interested in getting involved in one. Dying deals involve companies that are using public money to stay afloat, he explained.
He's looking for a company with a minimum of $20,000,000 in revenues. He said he has toyed with the idea of uplisting to the OTCBB, but isn't currently working on it. He said Angela Ross, who was recently added to the officer list, is a paralegal that works with him on his shell companies.
Only the beginning.
