I see an earlier post from you, Carl, on a different board, about IPII. I know Paul also owns this BB stock, as do I. Expected news finally released tonight:
Imperial Industries, Inc. Board of Directors Authorizes Reverse Stock Split Ratio of One-for-Four Effective at Close of Business On March 18, 2005 Tuesday March 8, 4:39 pm ET
POMPANO BEACH, Fla., March 8 /PRNewswire-FirstCall/ -- Imperial Industries, Inc. (OTC Bulletin Board: IPII - News) announced today that its Board of Directors has voted to effect a reverse stock split of the Company's common stock at a ratio of one-for-four. Today's actions follow approval of a reverse split by the Company's shareholders at a special meeting of stockholders held on December 21, 2004. The reverse split will be effective after the close of business on Friday, March 18, 2005 (the "Effective Date"). The Company's common stock after the reverse split will continue to trade on the OTC Bulletin Board adjusted for the reverse split on Monday, March 21, 2005.
IPII.OB stats from Yahoo:
VALUATION MEASURES Market Cap (intraday): 14.48M Enterprise Value (8-Mar-05)³: 23.23M Trailing P/E (ttm, intraday): 6.40 Forward P/E (fye 31-Dec-05)¹: N/A PEG Ratio (5 yr expected)±: N/A Price/Sales (ttm): 0.29 Price/Book (mrq): 2.51 Enterprise Value/Revenue (ttm)³: 0.46 Enterprise Value/EBITDA (ttm)³: 5.94 FINANCIAL HIGHLIGHTS Fiscal Year Fiscal Year Ends: 31-Dec Most Recent Quarter (mrq): 30-Sep-04 Profitability Profit Margin (ttm): 4.52% Operating Margin (ttm): 6.53% Management Effectiveness Return on Assets (ttm): 13.95% Return on Equity (ttm): 51.55% Income Statement Revenue (ttm): 50.97M Revenue Per Share (ttm): 5.369 Revenue Growth (lfy)³: 12.50% Gross Profit (ttm)²: 12.63M EBITDA (ttm): 3.91M Net Income Avl to Common (ttm): 2.31M Diluted EPS (ttm): 0.24 Earnings Growth (lfy)³: N/A Balance Sheet Total Cash (mrq): 834.00K Total Cash Per Share (mrq): 0.09 Total Debt (mrq)²: 9.49M Total Debt/Equity (mrq): 1.632 Current Ratio (mrq): 1.292 Book Value Per Share (mrq): 0.622 finance.yahoo.com |