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IWG TECHNOLOGIES INC V.IWG

"IWG Technologies Inc through its subsidiary is engaged in developing, manufacturing and selling aircraft water treatment equipment, on-demand water heaters and water systems."


TSXV:IWG - Post by User

Comment by battleforeston May 05, 2014 12:54pm
50 Views
Post# 22525052

RE:RE:Bombardier results

RE:RE:Bombardier results
Sir_Holler wrote: "anyone got a read on the detail?"

The President should have a good read on all of IWG's clients. He purchased over $80,000 in stock after the quarter about to be reported was essentially over and before the numbers are released. He may have known very well how many units were shipped in the quarter and the outlook for the next quarter and beyond.

The 23% increase in inventory is the largest in at least one year including before quarters that registered $1.7-$1.8 million in revenue. Given the company's growth objective is 10-15%, the inventory levels, the new product launch, and the large purchase of shares by the President as well as the decline in the Canadian dollar, it looks very interesting. I wonder if we could have the first $2 million quarter this quarter about to be reported or not long thereafter.


Filing
Date
Transaction
Date
Insider Name Ownership
Type
Securities Nature of transaction # or value acquired or disposed of Price
Mar 31/14 Mar 26/14 Jacobs, Darryl E. Indirect Ownership Common Shares 11 - Acquisition carried out privately 340,000 $0.220
Mar 21/14 Mar 21/14 Jacobs, Darryl E. Indirect Ownership Common Shares 10 - Acquisition in the public market 38,000 $0.215



when do they report ?

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