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Bullboard - Stock Discussion Forum International Bio Recovery Corporation V.IBR

TSXV:IBR - Post Discussion

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Post by spacespot501 on Mar 16, 2007 9:17pm

follow the leader.

I'd like to know when the Convereted Organics cheque will come in. I am waiting for confirmation of payment. Why the delay? I am also expecting to hear something in regards to the NRC money due in March. "...the Company is entitled to further NRC contributions of $28,356 through March 2007" We're not talking about BIG anouncements here; just the little things that keep shareholders up to date... and a little more secure. We must be a pain in the butt for management to report to if in fact most this company's shares are held by a dozen or so 'buddies'. They treat this thing like a private company. I see that there is positive movement in finally getting plants built. What I still don't see is good shareholder communication. According to the October circular; Ben controls 1.8 million shares. Gerard contols 2.5 million John's also got 2.5 million Elmer's got 1.3 million I would think that it is in the best interest of management to create shareholder value. Are they so focussed on trying to create results that they let the stock price slide? Or do they let the stock price collapse so that they can give each other private placements, options and warrants at these ridiculous prices?
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