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jasonak

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jasonak

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Re: None

Thursday, 03/10/2005 1:37:32 PM

Thursday, March 10, 2005 1:37:32 PM

Post# of 33753
IBTGF posts record revenues today.

1.175m CDN up 109% from comp qtr. with gross profit of 227k (a 224% comp increase). Gross margins as a % of revenue continue to improve from 13% to 23%.

Forward guidance referred to the large investment in the new and improved 15,000 sq ft facility SHOULD BE impacting the quarter ending in Sept. sales. This is inline with expectations.

Recent support appears to be around the .50-.55 area...stock is trading at .61 today.
Currently they are selling to niche markets...I own the stock because of the patented technology COULD be regulated into non niche markets...and therein lies the sex appeal for me (and hopefully the Market).
Jason

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