RE:QuestionThere is always competition issues with small Cap companies and it seems some investors have concerns in this area. With the relative large cash position and no debt, IWG is well positioned to survive a downturn in orders. With that said last quarter had record sales and combined with new future products in the pipeline the future looks great. I had a great week with CWL on takeover speculation and plowed some of those profits into IWG. Picked up another 20K @ 0.245. Now up to. 500K or 1.25% of the company and my 20K bid at $0.24 is in.
IWG is exactly where CWL was last month and suddenly bang up it went. The time to accumulate these smallcap is when no one else wants them. IWG is now my second largest holding, TLA is number 1 and PHO number 3.
Do your DD on this one and the place to start is www.investorfile.com, Gerry has a great record and some excellent blogs on IWG among others, gl