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Imaflex Inc V.IFX

Alternate Symbol(s):  IFLXF

Imaflex Inc. is focused on the development and manufacturing of solutions for the flexible packaging and agriculture industries. The Company’s products consist primarily of polyethylene (plastic) film and bags, including metalized plastic film, for the industrial, agricultural and consumer markets. Its polyethylene films are mainly sold to printers known as converters, who process the film into a finished product to meet their end-customer needs. Additionally, its films are sold directly to customers to protect and market their own products or bought by distributors for re-sale. Its agricultural films are finished products, predominantly sold directly by the Company to growers. Its portfolio includes common mulch, compostable and fumigant barrier films, as well as metalized crop protection films that add pest/weed control and/or accelerated growth benefits beyond those provided by its common mulch films. It has manufacturing facilities in Canada and the United States.


TSXV:IFX - Post by User

Comment by Angleson Nov 29, 2024 12:33pm
167 Views
Post# 36337731

RE:Beacon Securities

RE:Beacon SecuritiesThey used to list Beacon Securities on the bottom of the investor page website, however I just checked and it is no longer there. Given the better operating results and bright future, having some coverage would really help.
I am very disappointed in how it has traded since the 3rd Quarter report was released. Maybe that is the good and bad of having a 55% insider ownership. And when little Tony Abbandonato decides to keep unloading hundreds of thousands shares of his holdings, it can really dampen this stock. I feel it should be trading at or over $2.00 per share and hopefully will once all this dust settle and people realize what is going on.
I like the credentials of the new CEO and feel he should provide great leadership moving forward. Now if the EPA approval could come quickly, that just might give us the lift we need to get well over the $2 mark. However, I believe (best guess) like other people that is still 3 - 6 months away. I would love to be wrong and surprised tomorrow.

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