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Bullboard - Stock Discussion Forum IWG TECHNOLOGIES INC V.IWG

"IWG Technologies Inc through its subsidiary is engaged in developing, manufacturing and selling aircraft water treatment equipment, on-demand water heaters and water systems."

TSXV:IWG - Post Discussion

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Post by Sir_Holler on Nov 22, 2013 10:03am

$.50

My target is $.50 by the end of next year given $2 million in earnings in 2014, and as the market looks ahead to 2015. The company now has the finances to focus on growth.
Comment by theinvestor22 on Nov 22, 2013 12:14pm
I'm inclined to agree with you that the company is doing very well.  As you mentioned, those royalty payments to NRC will end in a year, which will increase cash flow further.  The company's increasing cash flow is allowing it to pay off what little debt it has left ($360k), accumulate a lot of cash ($1,363k) and working capital ($2,786k), plus develop new ...more  
Comment by Sir_Holler on Nov 22, 2013 12:54pm
And with 50% margins the growth translates very well into increased profits.
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