Intl. Absorbents (IABS, formerly IABSF) Message Board

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

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To: Russel W. Kennel who wrote (112)	7/23/1997 4:33:00 PM
From: arizona_ice_tea	of 206

Talked to IR of IABS! I did ask the company about the numbers which should come out very soon. Here is a little summary: Year End (January 97): big loss (as announced before) First quarter: Loss of approx. $100'000 /end of april Second quarter: Loss of approx. $50'000 /end of July The third quarter which starts in August should be profitable. It seems like there is a light a the end of the tunnel. The company expects that the profit is coming back very quickly Michael

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