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Microcap & Penny Stocks : Intl. Absorbents (IABS, formerly IABSF)

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To: suzy-q who wrote (98)6/21/1997 10:03:00 AM
From: suzy-q   of 206
 
I can't stand this quiet any longer! I e-mailed the co. and asked about how they were handling promoting the product. Got an answer the next day (which is a good sign to me - caring for the individual investor). Chuck Tait responded saying , for the short term, their emphasis is on becoming profitable. He said we will take a small loss this second quarter (although Absorbtion Corp. will turn a profit), and projections are for profitability in the 3rd quarter. The new production facility in Ohio should be opening in the next few months - producing products cheaper and exploiting eastern markets - helping sales substantially.
Just an update to keep this thread alive.
;~) Suzan
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