SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Microcap Potential Homeruns--Credible, and Reporting

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: thomas a. burke1/5/2011 8:45:07 AM
1 Recommendation   of 1056
 
Some of you that follow ISCR may be interested in this post from Valuefinder on Ihub. It clears up the stock overhang question. It should also be noted the company received their NOBO letters back and it has been determined that approximately 10% of the O/S are short right now. There is a big guidance call coming up on the 10th, Monday. If all goes well, we could see a large percentage of the short position begin to cover. Actually, I think they have been covering for a few weeks, very well I may add. Here is Valuefinder's post:

=====================================

ValueFinder8 Tuesday, January 04, 2011 11:49:09pm

People, this upcoming conference call is possibly the last of the cheap investment into ISCR. Alot will be discussed on the call and it will be done on a professional level in front of the right people.

If anyone has paid attention to the last quarter, they will see the only real shares of substance issued was a release agreement for 5 million shares dated in early october. It is very possible if not likely those people started selling those shares early and even if they waited for their shares, it probably was not later than late october by the time they were saleable.

If you couple that fact with the downtrend in stock price all year, you will see motivation for tax selling by people who are down for the year and needed a write off. Chances are alot of those people may buy back in after 30 days of taking the loss in order to stay invested in the potential of ISCR.

The chart mirrors very strongly this outcome and the 5 million settlement shares.

Those settlement shares are old business and old news and clean up control from a long time ago. There are no more problems or surprises listed in the filings.

If you subtracted those shares from the issued shares last quarter, you will notice no real issuances. This is where you will see growth through retained earnings and this is where every smart investor wants to be in. It is called the ground floor.

There is an accumulated deficit which is a tax shield for the company. Many merger/ acquisition professionals look at accumulated deficits as an incentive to merge a profitable company into one that has a deficit to shield corporate taxes. The rule of thumb used to be about 30 percent cash value of the deficit. This deficit close to 20 million would be a bonus of roughly 6 million cash/merger value to another entity.

Since ISCR has been using their accumulated deficit recently against income , I can assume they are choosing to grow the company through their own efforts right now. However, the accumulated deficit represents a huge intrinsic value in its own and definetely worth a market cap above where we currently trade.

People, this is where you find your undervalued, underfollowed emerging growth stories. The call will be very interesting.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext