International Barrier Tech. (fka IBTGF)

[Lucror]

I'm a long term investor. 1-3 years generally with nano and micro cap names. It generally takes longer for their stories to unfold. That being said, I look at valuation not share price as a barometer. Currently IBTGF sports a market cap of 7.8M. IMO that's undervalued. A valuation of 25-50M over the next couple of years is highly possible IMO; However, a lot depends on the continuation of the housing recovery and the execution of the their licensing agreement. It's difficult to find a nano cap that's profitable with this much potential. Dilution is always a concerns with these name and the fact that they're cash flow positive mitigates that risk.