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iFabric Corp T.IFA

Alternate Symbol(s):  IFABF

iFabric Corp. is a Canada-based company, which is engaged in the business of designing and distributing women's intimate apparel, as well as a range of complimenting accessories. It is also in the business of developing and distributing a range of products and treatments that are suitable for application to textiles, plastics, liquids and hard surfaces, as well as finished performance apparel. These products are designed to provide added benefits to the user. Its two divisions offer a variety of products and services through wholly owned subsidiaries, namely Intelligent Fabric Technologies (North America) Inc. (IFTNA) and Coconut Grove Pads Inc. (Coconut Grove). IFTNA is focused on development and sale of high-performance sports apparel, medical protective apparel, consumer protective apparel and proprietary treatments. Coconut Grove operates as Coconut Grove Intimates, is a designer, manufacturer, distributor, licensor and licensee of ladies’ intimate apparel products and accessories.


TSX:IFA - Post by User

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Post by prophetoffactzon May 15, 2024 8:11pm
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Post# 36042353

$4.60

$4.60On March 7, 2024 IFA announced the extension of the $4.60 warrants by another year to March 2025. It said, "While the price of iFabric shares is currently below the exercise price of the Warrants, their exercise over the coming 12 months may be achievable if certain corporate goals are realized within that timeline."

What catalysts could be at play? They expect to be published in a peer-review scientific journal in July-August. It's possible around the same time that they could also receive next-level kill claims from the US EPA. Those two events could help significantly. Timing them canbe difficult. 
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