Replies to post #22105 on Integrated Freight Corp (fka IFCR)

[mikeo56]

Keep reading it wont take long to figure why.

[maz1978]

Convertible debt originally rocked the price...note holders are the ones responsible for bringing it to such low levels. We believe they have been done converting for a little while now but ofcourse there is no real way to prove that. What many have not factored in however that even if note holders were to max out the AS (which keep in mind the convertibles were used for an acquisition that only brings more money in for the long term baseline) our market cap alone should be substantially higher. Here is a quote from the CEO

Today, even in a difficult but improving operating environment, our enterprise value is above $10,000,000 but we trade at a market capitalization of less than $100,000.
http://finance.yahoo.com/news/ifcr-issues-companys-progress-155651137.html