Intl. Absorbents (IABS, formerly IABSF) Message Board

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

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To: Kris Dungan who wrote (12)	11/18/1996 4:45:00 PM
From: arizona_ice_tea	of 206

The news did come out! CEO resigned ... Finally at least one little press release did come out. Unfortunately it did not affect the stock price a lot. But I think the Company is still a very interesting story. I heard very good things about the new important men at IABSF. But they need a little more time. One sample: One of the new man was able to cut the cost of one bag where IABSF's product is filled up from $2 to $.038. It seems like that quite a lot of people already anticipated the resignation of the CEO. This was probably the reason for the down- trend in the stock price. I think, and this is my personal reason, as soon as the new management is coming with their strategies we will see a light a the end of the tunnel. Good luck Michael

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