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Wednesday, July 06, 2011 6:05:31 PM
I called the phone number on the web site for the Intact IFUS products last week, I called for the first time, to see if they had a live person answering the phone, and I got one. It was the CEO, Marc Walther!
Had a nice long, over an hour long chat with him. No real news to report except that they are still in business, and trying to boost sales, not that that is really news, but since they are so far behind on public reports (and I still own shares) it is comforting to see the CEO answering the phone and selling the companies product, and to see that they have not packed up, left and shut the company down. Marc and I had a great talk, about several general business topics of interest to both of us. We have a lot in common. He is highly motivated to see the IFUS product line succeed, not just to make money, but because he truly believes in the product. The Autism group and sales is a big deal to him. Seems the Autistic users are also seeing significant benefits according to Walter.
As I have told people here before, my brother was an MD, Ph.D, and my mother was into Homeopathic medicine for 25 years after the AMA failed to solve her health problems, I have a cousin who is a chiropractor, and my background is biochemical and environmental engineering, so I have a wide perspective of this field Biochemistry, pharmacy, toxicity, health sciences....). I also know how significantly my health improved the last 20 years with diet changes, and careful selection and use of OTC supplements, especially mega vitamins.
From what Walter said I don't expect to see any significant change here any time soon (unless they get a timely deal break, which can happen any time, or not happen), but I asked if he would try and at least file an annual report when the next one is due (I expressed my concerns at the lack of reports this year), and I got a yes, he plans to file an annual report at the end of the fiscal year. So I do not expect this company to go dark, or go to the grey sheets, which as a stockholder I found comforting.
Long story short I am staying with this stock for the long haul.
Ambition with out knowledge is like ship in dry dock. Going nowhere fast!
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