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

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To: Buckey who wrote (93390)10/11/2001 8:50:55 AM
From: Tom Allinder  Read Replies (2) of 150070
 
<<OK - I am not a smart man but please try and explain why IBUI has a market cap of under $10Million and makes money and has $50 Million a year in sales>>

Well, because no one believes it... People think that IBUI is using "creative" accounting to come up with these numbers. And... IBUI the last time I checked, they have significantly diluted their stock.

So the question is: Is IBUI still issuing stock in the face of these great numbers? I am going to check into it.

There are many "disconnects" out there. There is more than one OTCBB company that is making money and their stock trades for pennies while there are a bunch of NASDAQ stocks that will never be profitable and trade for dollars.

Tom
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