OTCPK:IVWFF - Post by User
Post by
99921on Jun 16, 2008 6:47pm
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Post# 15191070
Share Price
Share PriceI have held this stock for several years and remain optimistic about the company's long term prospects. It would obviously have been financially wise to have sold when the bird problem arose and then waited it out. My guess at the time was that the company would sort things out in six months or so and get back to making money.
One thought I have about the present negativity reflected in the share price concerns IVW's 2007 annual report and the notice of annual meeting. I suspect that anyone doing due diligence with a thought of buying the stock would, on scanning these documents, come away with a feeling that the overall presentation conjures up a lot of problems and potential pitfalls that could prevent an early resumption of production. I was also struck by the meagre numbers of shares owned by the directors. Three of the seven own none and I own more than two of the remainder. Not a lot of enthusiasm reflected there.