IWG TECHNOLOGIES INC V.IWG

RE:RE:IWG Announces Revenues/Operating Income For 2nd Quarter 2014

[Sir_Holler]

"Can we rely on the future growth these expenses are meant to be for...?"


The President seems to think so.
Room for growth, one time costs, lower margin products in the quarter...
New product launch...

Stay tuned!

Latest 10 SEDI filings (by transaction date) for IWG within the last 6 months	[?]
Amended Filing

					As of 11:59pm ET May 6th, 2014
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

"Revenues of the second quarter this year were slightly better than those of the second quarter 2013, but the decline in operating income for the quarter was primarily due to the cost of added facilities to accommodate growth, a higher weighting of lower margin products in the quarter's sales mix and other one-time engineering and administration costs incurred. The company continues to position itself for growth through investment in new and improved products" said President of International Water-Guard Industries Inc., Darryl Jacobs.
Read more at https://www.stockhouse.com/news/press-releases/2014/05/07/iwg-announces-revenues-and-operating-income-for-the-second-quarter-of-fiscal#ODlDutvzoDRuJYYs.99