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bliksam

04/03/14 10:57 AM

#19805 RE: JPak #19804

Now that they are a bit player in a local market, the only way they will become bigger is if they are acquired by a regional player. I don't know this business well enough to know who that may be. The CTC NAP has changed hands twice in the last 15 months, so the owners already squeezed the value out of the company, or they saw no potential for real growth. It appears the "award winning" appliance business is gone. With no new (announced) buyers, their product line is aging on the vine and probably not keeping up with advances in technology. Even a White Knight can't fix this "company".

bliksam

04/07/14 2:54 PM

#19806 RE: JPak #19804

Iceweb now has a relationship with Asher Enterprises. They apparently are grasping for funds to keep operating while they execute an as yet unstated business plan. More dilution is on the way as a result of this arrangement, but the share price is rising slightly today. I guess we just have to wait and see what Iceweb is becoming and who is pulling the strings. I don't know much about Asher, but some posts on I-Hub are not very complimentary.