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International Bio Recovery Corporation V.IBR



TSXV:IBR - Post by User

Comment by Flexy6on May 14, 2004 3:16pm
205 Views
Post# 7488382

RE: Oh comon really

RE: Oh comon reallyThe most likely this stock is at risk of going lower is lack of activity trading this stock, not lack of talk. I have to disagree with your position. There have been thousands of shares sold at current prices the last few months. I believe that very little, if any, of this stock would have been sold if the holders believed that he company had what it says it has. It comes down to a simple matter of disbelief. Let me illustrate--I have been talking about the IBR fertilizer for a long, long time on this forum. I have obtained all the information I could get on university testing, field-testing, all kinds of tests. I have determined that the IBR fertilizer, on its own as a fertilizer, is superior to all other fertilizers on the market. It has all the positive qualities of the chemical fertilizers with none of the liabilities. It is 100% non-toxic and 100% organic. It harms neither human or plant. Good-bye to lawsuits on behalf of poisoned workers and astronomical insurance protection for growers. If this were not enough, the IBR fertilizer has significant therapeutic qualities, which have been established over the last three years at every level of inquiry and testing throughout the world. I live in an agricultural area. I have talked to farmers, agricultural agents, and fertilizer experts. I grew up with many of these people. I never mention the name of the company. I simply pose the facts, as I know them to be and ask them what it would mean to world agriculture if such a product existed and what it would be worth. The consensus is that such a fertilizer would revolutionize world agriculture and would have a value of millions, tens of millions, or hundreds of millions. My point is a simple one--Everything I have stated here is accurate and I do not believe that any rational owner of such a product would sell it for pennies, if they believed what I know to be a reality. For some time, the company has been gathering the data, results, etc. in order to obtain licensing for their fertilizer as a pesticide. This is a work in progress. It is necessary to be licensed before fertilizer distributors will mark it as such. They are presently waiting in the wings. Will the licensing be consummated in a month, three months, six or nine months? I do not know. I only know that it will happen because it is what it is, a proven fertilizer which functions as a pesticide for a multitude of plant diseases. It is unusually effective in respect to fungus pathogens. To make it clear—the company and its shareholders at this time own this valuable property. It is functional today, however it cannot be merchandised on a wide scale until licensing is completed. At present, in terms of market capitalization, I value the asset at a minimum of one-hundred million. Upon licensing, the market cap will move steadily higher to at least five-hundred million.
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