OTCPK:IVWFF - Post by User
Post by
SAMITHEBULLon Aug 23, 2003 6:35pm
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Post# 6347675
Excellent news Again
Excellent news AgainAs stated a couple of weeks ago that we would, we got some good news just before the sharholders meeting..
This latest news release just adds more credibility for IVW in the eyes of the investing community.They have signed TWO BIG deals with TWO different reputable companies (Sentient and Cambrian) in the space of ONLY two month.I am sure, Cambrian just like Sentient, did thier due diligence before they put forth just under a million dollars to invest in IVW.
This puts IVW on solid ground in 3 IMPORTANT WAYS:
1) You can say a floor price of .04cent has been put in place
FOR IVW.This will act as support for the stock and it will
attract 'NEW" investors, as the fear of the stock falling back
down to .02cents has all but been removed now.I have for the
past two month been stating that anything under .05cents
is cheap,I am glad Cambrian agreed.
2) With this latest transaction,IVW stock will continue to be
tightly held, where 4 shareholders hold well over 50% of all
the o/s shares of the company.This will create less risk
going foreward in terms of huge price shocks with the stock,
and INSIDERS will have a BIG VESTED INTEREST to see the stock
do well.
3)Investing groups like Cambrian, DO NOT buy stocks at .04cents
so they can turn around and sell them at .07cents.They are
after much bigger returns.A $40 millionCDN market cap for
IVW would be fair market value in a few month's time.right
now we have a market cap of under $10 mill.You can figure
out the rest.
Congrats to IVW and see you guys at the meeting this week.
Cheers
sami