IDVC on radar. Pending news of merger with Intermedia on Tuesday
IDVC - pending news of merger with Intermedia I have been told by the investor relations guy that a PR will be out on Tuesday.
IDVC manages, and bids for a lot of small contracts often those that the Government aren't really interested in managing themselves.
Their CEO, Tom Morgan, has more than 20 years experience of managing these type of contracts and an equivalent reputation in government circles to match.
The company has also diversified and created a compressed natural gas subsidiary, to covert cars to be able to run on CNG. In one of their early emails to me, they specifically stated that the subsidiary had been operating for a while, so revenues from CNG conversions should start showing up in the accounts soon - in the next 10Q maybe?
Here are links to the due diligence I posted on the IDVC page yesterday. Each one has an independent link to illustrate every point I make.
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