I also think we start to see more news as they sign contracts and we hear more news of products. The thing I'm glad of is they do not put out fluff. As far as the worry of someone buying up enough shares to gain control of the company, I don't think that is a problem. I can't remember the exact number of shares involved but I do know when the merger was taking place that there were a few different things that were required by The Irus Group. The first one was that all debt would be paid off before the merger took place and one of the other ones was that the Irus Group would own a certain percentage of the stock. I believe it was around 57 % but don't quote me on the exact percentage. I do know that the people involved with The Irus Group got a controlling interest of the company. I'm sure that none of the partners in that group have sold any of their shares, so I'm quite confident that there are not enough shares out there for anyone to buy controlling interest. I will try in the next few days to go back through some of my papers and see if I can find the exact percentage. This merger was well thought out and the conditions of it were one of the reasons I continued to buy before the merger was completed and continue to buy now. The people running this company are very good businessmen.
On another note and just some speculation on my part but knowing a few facts about the companies involved and knowing that there was no debt for either company when this merger was completed, the agreement they announced a few weeks back for financing if they so chose, makes me believe there could be some sort of addition to the company within the next year. I hope at some point within the next few months we hear news of some sort of acquisition. They have chosen the areas that they want to pursue and have indicated that they have chosen only areas where they could be leaders in that field. Acquisitions are the next logical step for them. They are in the process of getting audited financial as we speak and I think this is part of the process of getting ready for that next step.
This could be one of the most surprising stocks of 2010 and the next decade. The product that they have is top of the line and they are at the forefront of a field that will continue to grow for the next decade. It's so hard to believe that there are not more people aware of what is here but that will change in the next year and as I said the other day, once the stock price moves above the dollar mark, this will open up doors that will allow it to move to even higher levels. The future is very bright for all stock holders and I'm thrilled that I was lucky enough to have been introduced to it. These opportunities do not come along very often and when they do not many get a chance to be on board from the beginning. We can all say that because one day I truly believe that this will be a story stock.
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