RE: Profitable Company...confirmed!!!FWIW smallcapper, it's stuff like this that keeps me skeptical and on the sidelines (although I wish I snatched up those cheap shares for a quick double-up)... If IPX can show me some real viability, I'll be in for certain.
I wonder what the rules state about disclosure like this? Pender is an insider, so really they are privy to information the general public is not privy to, but for an insider to open up information that is not (as far as I can tell) made public by IPX... That should be against the rules, although I'm not a lawyer.
Either Pender is misleading investors in their financials, or they are disclosing information in their financials that aren't yet public.
If I was a shareholder I'd be livid over this, but as it stands right now I can't say anything about it...