RE: IEC PresentationI agree. If ATQ can improve its margins to be similar to those of IEC and produce a breakout profitable q2 instead of more excuses about currency fluctuations, then the stock should be north of $0.50/share today and much further ahead once the newly announced contracts drive up the top line further. As a point of interest, IEC broke through $7.00 per share this morning giving it a market cap of $60 million. Not bad when it is the virtual twin of ATQ.
IEC does not have the currency bonus to play with like that of ATQ where the cdn$ is less than the us$. That is a definate advantage for ATQ. But this currency bonus should make ATQ even more profitable that IEC so why is it not? As a business prof would say lets look at the best practices of IEC.
Lets see: IEC uses local audit and legal firms sparing themselves of the huge costs of big name firms. All the senior management have bought and paid for shares of their company--stakeholders instead of just employees.