Profitable Company!!!!if there was any doubt that IPX is now profitable, here is proof. Pender Financial released their Q4 and year end results April 20. This is from sedar page 4 of 12 in their MD & A discussion.
" IP Apps. grew rapidly in 2005 largely as a result of aquisitions, but is struggling with profitability. Since year end there has been a change in management of the company and it is now focusing clearly on becoming cash flow positive as rapidely as possible.
IP Applications recently announced that it has achieved this milestone"
I guess they are referring to the update in March.
Hold on to your shares boys and girls because once the institutions get wind of this company we move up by dollars.
Our shares have to be worth atleast $1.50 right now.
Long and strong!!!
IPX2006