Here's for hoping that IREC returns to a decent stock value... beyond where the ones who bought in 2000 and earlier are still left holding the bag. We've pretty much been told news is coming -- early 2013. Last year I was reading about a Minnesota refinery being upgraded big time by Koch. All I could think was why not use the MST, now? Which got me wondering about IREC... as I've not been following it for years. So I went to the website which was still online and sent off a shareholder comment. Damn surprised there was life when an email arrived a couple hours later. I was encouraged to hear 'hang in there, news coming soon'.
I know IREC was always about a product selling itself, not hype and pump & dumps, stock dilution, ect. Not surprising there's so much about the stock that still looks healthy and promising. I'm from way back in the good ol' days when an MST [leased] sat on a flatbed in a parking lot, for months... at the Torrance CA refinery. Until someone lit a fire under some butts to finally get it online so officials from all over could witness the proof of concept. Yeah, back in the day when Exxon merged with Mobil, and Exxon first got wind of the technology. Showcased IPRC under their wings on the corporate website, and all that jazz. When our dreams of a forward stock split were very much alive. Beyond all that, to right now, everyone on the old team of the company has been replaced about four years ago, I've discovered. It appears we have a CEO/CFO who is an experienced leader, quite capable of moving this company to success [and quick to respond to shareholder queries also.]
Gathering up what I see... getting up to date on filings, patents granted, ect; that's a good sign. And 2013 is moving right along. I hope this is the year 'it' happens. I have been hanging on... literally on the edge. I didn't know who Springer was at the time I received an email response telling me to hang in there, news is coming. Now I do. We all know news is on the way, and if he feels it'll be worth it for me -- one of the $2 to $6 investors -- to hang on, then I'm going to imagine seeing some green in my portfolio again. I know news could mean many things, developments, possibilities, delays, ect. But, I'm betting on projected sales revenue... with more of a guarantee than mere speculation, at this stage of the game and my long years of hanging in there.
Just thought I'd pop in and share my thoughts. I don't wish to be owning a sleeper stock forever and ever. Part of that definition is the awakening moment from slumber... one that turns heads, and lives around. I hope the long awaited morning sunrise is drawing near. To me, it feels more like we are in the twilight of the dawn, what with all the developments that indicate nothing otherwise.
best of luck to us all,
-overloded
