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Ibc Advanced Alloys Corp V.IB

Alternate Symbol(s):  IAALF

IBC Advanced Alloys Corp. is a beryllium and copper advanced alloys company. The Company serves various industries, such as defense, aerospace, automotive, telecommunications, precision manufacturing, and others. The Company has two divisions: Copper Alloy and Engineered Materials. The Copper Alloys division manufactures and distributes a variety of copper alloys as castings and forgings, including beryllium copper, chrome copper, and aluminum bronze. The Engineered Materials division makes the Beralcast family of alloys, which can be precision cast and are used in an increasing number of defense, aerospace, and other systems, including the F-35 Joint Strike Fighter. The Company’s products include Beryllium-Aluminum Castings, Beryllium Alloys, Copper Alloy Castings & Forgings, Copper Alloy Fabricated Shapes, Tolling Services and Consulting and Thermal Mold Super. It has production facilities in Indiana and Massachusetts.


TSXV:IB - Post by User

Bullboard Posts
Comment by Berylliumon Dec 08, 2017 4:07pm
174 Views
Post# 27120782

RE:RE:RE:RE:Going to break .20 - look out below...

RE:RE:RE:RE:Going to break .20 - look out below...Read the M&D, they are out of money again and will need to raise funds in the short-term. Banks will not loan to IBC and so that is a stock raise. IBC has signficant losses, very little cash left, and hardly any value to their stock ($5M market cap is sad).  Everyone in the past raises has lost their shirt and now the stock is back to under 2 cents pre-reverse split. I was blinded in the past, I admit that. I knew they were tiny and the risks but the pie in the sky hope was the technology and the potential for big contracts. But Dutton selling us on the technology being unique was not true, Materion has had it and who knows who else at this point. That stock halt a while ago followed up by that odd news realease about the info being leaked was bizarre to me. Either a cover up or news realease to set a foundation for some lawsuit downt the road. I didn't like that then and it still stinks of something where we didn't get the whole picture. And as far as big contracts, IBC is too tiny to risk on the production of billion dollar defense contracts. A big defense company is not holding up production of a nuclear sub because two employees at IBC were sick, dead, or got fired etc, or they wen't belly up. I think if they really had something here, that a larger company would have bought them a couple of years ago when they were broke the last time. But that didn't happena and Mark Smith came in and bought it on the cheap and holds the majority of shares. His Niocorp is in the tank too.
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