Intl. Absorbents (IABS, formerly IABSF) Message Board

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

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To: arizona_ice_tea who wrote (162)	5/5/1998 4:48:00 PM
From: JOHN A.	Read Replies (1) of 206

News from Chuck: The annual report for IABS will be in the mail to shareholders mid-June. We have however file a 10-K report with the SEC (on EDGAR). The 10-K is the basis (same financials, etc.) for the annual report. In fact, it's much more in depth. You can view the Company's 10-K on-line at sec.yahoo.com. Although International Absorbents did post a loss for Fiscal '98, it was substantially less then that of the previous year (Fiscal '97). The majority of the loss (75%) occurred in the first two quarters of the year. Also... although the results of the first quarter (Fiscal '99) are not yet final, it should be a very good quarter for the Company. Feel free to e-mail me at info@absobent.com, or call me at (604) 681-6181 if you have any further questions. Regards, Charles (Chuck) Tait Director, Corporate Communications International Absorbents Inc. P.S. ------------->Convertible debentures (Note 7) 0<---------

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