IEEC.... A/S a paltry 75 million shares. O/S of 50 million and a Float of a little under 29 million shares. Operating expenses for the last quarter of only $40,000 and no convertible debt.
IEEC has entered a niche market with no competitors. They are broadcasting (via COMCAST) a TV channel dedicated to the Indian Immigrant population in America (like a Spanish Channel?) as well as having an ecommerce site and social media site for those very same people. Check out the growth numbers of immigration from India to the U.S. and you will get some idea of the potential here.
Might want to do some weekend DD on this one. Up big time today upon release of 10Q, with second qtr. 10Q to follow shortly.
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