From INVA website Q&A,
Just searching around this babe, wondering where any news come out or not, found an interesting one from last June or so,
Here are two Q&A I was found interested,
1. Q. What is your opinion regarding the value of the company’s stock?
A. I prefer to assess valuation based on fundamentals. Most OTC companies have minimal, if any, revenue and minimal, if any, history of generating sustainable revenues yet they have market caps in the millions and tens of millions. I realize we have a lot of debt but, based on this comparison, I don’t feel that the market is pricing our stock fairly. In fact our current value of approximately $300,000 is less than the value of an empty OTC shell. I’m confident that the market will eventually figure out that Inova is worth many times the value of an empty shell. Off course, I am the CEO and my opinion is biased. In the meantime, it’s also important to mention that I certainly categorize our stock as speculative and strongly advise investors to act accordingly and consult their financial advisors before making any decisions to buy or sell our stock.
Exactly!!!DUDE!! I saw tons of shell companies trading higher than what inva's PPS right now!! I can't believe why this is so low and I don't get it why it is not going up?!!!
2.Q. What are the key objectives for the Company over the next 12 months?
A. Our primary objective over the short, medium and long term is to build the Company based on fundamentals and eventually get away from the OTC markets and trade on a real exchange. I think this strategy has been evident in the acquisitions we have made and the business opportunities we have pursued over the past 6 years. Since becoming the CEO in 2005, we have maintained a lean business operation and never spent excessive amounts of money on management, offices or anything other than solid business opportunities. Achieving our objective means maintaining our existing revenue streams, addressing our debt and growing organically or by acquisition or both.
Oh, Yes, I think ADAM has prove that the company made 20mil revenue for last couple years and I think he is still working on whatever his plan was.
P.S
Q. Have you sold any shares in the last 12 months?
A. No.
also notice that they were on time for all the filings with whatever thier rev/debt was , so why this time they are so late and no information is released yet???@!!!
I beilieve there is certain rules that they need to follow and this could be a huge news!!
