The Day Shorters Room

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Subject: Lebed.biz Alert


IGII just reported their Q1 results! Revenues for the quarter were $1,108,554 with a net profit of $213,483.

This is IGII's third consecutive quarter of profits. Profits for the past three quarters combined equal $1,154,946.

If IGII earns another $200,000 or so next quarter that means it's trailing P/E at $0.18 will only be 6. Most companies in the software industry trade at a P/E around 25 so I believe IGII is ridiculously undervalued.

With 43 million shares outstanding the market cap right now is less than $8 million.

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My firm Lebed & Lara, LLC, has been compensated by IGII 200,000 restricted shares of IGII for a one-year IGII investor relations contract. We have also been compensated an additional 15,000 free-trading shares of IGII by a third-party (Blackjack Investments). Never invest into a stock we discuss unless you can afford to lose your entire investment. For our full disclaimer goto: http://www.lebed.biz/disclaimer.htm

Jonathan Lebed
Lebed.biz
Staff