IECS- NASDAQ $0.50 stock won prestigious OIL and Gas... Message Board

STOCKTALK

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 : IECS- NASDAQ $0.50 stock won prestigious OIL and Gas...

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: dusty who wrote (513)	6/8/1998 8:30:00 PM
From: Bugsy	Read Replies (1) of 747

Hi , Although the #s are not eye-popping we are in the black for the 1st time in the COs. existence. One major contract could put us over the top. Everyone needs to realize that when your dealing with the goverment everything seems to run in slow motion. I don't expect to hear anything about the DOD for several months( as far as any contracts being awarded ). What I am looking for in the near future is news regarding the ROP division. Signed contracts with Campbells and BK ect. to provide a quality waste stream. When the plant in Amherstburg is up and running at or near full capacity ( 240 tns per day ) we should start seeing the #s rise. Can the CO. reach their projected earnings for the year?? With 20 mil. shares outstanding ( maybe a little more or a little less) the CO. would have to show in the range of 3-4 mil. pre-tax profits. That would be remarkable. If they do they will need some very strong qtrs.. They have a ways to go to reach these #s but it is possible. Look at these #s from previous years.1994 the COs. loss was (pre tax)$2,069,114.00. In 1995 (pre-tax) loss was 2,704,759.00. In 1996 after new managment was in place their loss was (pre-tax} 823,814.00. I don't have any #s for 1997 but as we can see the new managment started turning the CO. around very soon and are continuing to do so. If they continue progressing at this rate we should be a small-cap in no-time. Regards > Bugsy <

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next