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just talked to vp at iaac, annual report being mailed today, nothing big in there, still looking for on line international trading to be announced in january-baring any last minute bugs, float is still around 700k, outstanding about 2m because stock options were excercised, big barrier to entry on international trading is live quotes, they expect to make a market in a lot of the issues and make the spread, overall, i get a good feeling on iaac, based on my conversation, they are real business people with a plan, that just might work, i would definitely want to be invested when they announce the first on line site for live international trading, market cap now only about 13 million, good risk/reward here |
