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Microcap & Penny Stocks : WR, LB and Friends. NO HYPESTERS OR SCAMMERS

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To: Wayne Rumball who wrote (1492)3/5/1999 1:51:00 PM
From: Tom Allinder  Read Replies (1) of 13776
 
DD on IRTG: As most of you know, Arnold Wrobel took over as the President of IRTG. The first thing they did was unload the Casino biz. They are now pursuing the acquisition of internet related businesses. The news release recently regarding the acq of thinkbid.com is a start. They expect the acq to take plce without a hitch. Additionally, other aggressive acquisitions are in the works. They cannot give specifics due to legalities. The O/S on the shares is 8M, float is 4M.

IRTG will have first earnings report under new management out in a few weeks. Don't expect a whole lot at first due to the re-organization. However, acq of profitable companies over time will make the bottom line look better.

Finally, a name change as well as ticker change is being considered as well.

Tom
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