TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Buckey who wrote (95816)	11/9/2001 9:08:38 PM
From: Buckey	of 150070

Hers is one that will have earnings out this week but I doubt they will have booked any sales of the anthrax product INNOVA PURE WATER INC (IPUR.OB) Small water filtration company based in Clearwater Florida. Their recent news indicates that they have successfully tested their product to be capable of filtering Anthrax out of Water. The product already existed as they had developed the product initially for outdoorsmen who often encounter water borne bacterias. They actually had introduced the product before Sept 11 but wanted to officially launch the product via a NR. Here is the yahoo quote and it will link to all recent NRs and to recently quarterly reports finance.yahoo.com Company Website ipur.com Contacts: Rose C. Smith, President & CEO, Innova Pure Water, Inc., Clearwater FL, 727-572-1000, innpurewtr@aol.com Preston F. Kirk, APR, Kirk Public Relations, Austin, TX 830-693-4447, or kirk@281.com 10.2 Million shares, very little dilution the past few years. 50% held by insiders $380k in Revenue last quarter and a $20k loss ZERO DEBT $183k in working capital, June 30, 2001 $500k one time gain last year from a lawsuit against Brita Net loss was $175k so really it was $675k. ($922k loss previous year) Looks like Gross Margins about 40% ($443k Cogs on $744k Revenues) and operating expenses around $1MM. Looks like the company must get to about $600k per quarter in order to break even.

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