OTCPK:INPCF - Post by User
Comment by
bargainhuntson Mar 04, 2019 10:37am
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Post# 29438006
RE:No questions on the conference call
RE:No questions on the conference callFinally got around to listening to the replay. Not much new, as you said. I didn't realize they were already close to running out of capacity in their $20 million of credit facilities for mortgage streaming. It does appear the demand for the product is there. But they need scalable capital to grow that business. Clearly their plan to replicate the two initial credit facilities "many times over" has run into some issues. If they were able to do so the share price would take care of itself and this strategic alternatives process probably wouldn't be necessary in the first place.
I wish they had been a bit more targeted in that news release -- instead of throwing the kitchen sink at us. As someone else (I forget who) on this board said, it contained options ranging from good to very dumb (cannabis streaming; acquisitions, etc).