SHAREHOLDERSI would like to dismiss the bashers as I believe they are rapidly becoming irrelevant. From my point of view, they consist of a small group of losers with nothing better to do than post ridiculous, unintelligible utturerances towards what end, I cannot fathom.
At any rate, it has come to my attention that the change in the Canadian Stock Exchange setup, which is a version of the NASDAQ upward mobility factor, permits IBR to move up in class rather rapidly to a listing on the Toronto Stock Exchange. Of course, this depends on developing revenues, market cap, etc. It could come a lot quicker than I had thought previously. I recently found out that the company has come under scrutiny by Toronto Stock Exchange interests. This, of course, is based on the tremendous potential the company offers.
The main concern at this time appears to be the reverberations engendered by the attack on the company by Salcon. As I have recently stated, the Salcon lawsuit, if it represents a threat to anyone, it represents a threat to Salcon. There exists no possible manner in which Salcon can prevail in this lawsuit. The problem they face is to extract themselves with the least damage possible.
The company being cash-short is also a concern of the Toronto exchange group. I view this as temporary as it is in nobody's interest to put pressure on IBR, including Salcon which has serious problems of its own with IBR and has no interest in creating additional difficulties.
My experience has convinced me that the four brochures, which I recently obtained from the company, make all the difference in the world as far as interesting any prospect in the IBR story. These brochures, although available during the Dixon regime, were never made available to me and others. These brochures opened for me one of the most powerful political groups in the Midwest and, at the present time, this group is formulating plans for a substantial venture with IBR. I have also been able to establish a genuine interest in Japan which, I believe, I can bring to closure, unless the group, touring the plant two weeks ago, beats me to it.
I would urge any shareholder to put these brochures into the hands of anyone you wish to talk to about IBR before you talk to them. The brochures understate the IBR case but they are the most powerful preamble I have ever handled.