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Microcap & Penny Stocks : Invitro International (IVRO) -- Ignore unavailable to you. Want to Upgrade?


To: MicroKing who wrote (15)7/4/1999 3:18:00 PM
From: Steven Marshank  Read Replies (1) | Respond to of 74
 
I have held this stock for almost 4 years, watched it go up over $2 and crashed back down. Rich Ulmer has held on and finally brought it to a profitable level, albeit a tiny one. This is technology whose time has come--even in the provincial USA. I have met personally with Rich and spoken to him over the years on the phone. He is dedicated and keeps going even when the going looks impossible.

In the June 12 Business week there is a blurb in the Innovations section as follows "Testing new chemicals may soon become a lot less cruel to animals. InVitro International in Irvine, Calif expects approval for a test that relies on a gel of suspended collagen, the protein that gives skin its strength. The time it takes a chemical to eat through the gel indicates its potential to damage skin. The most caustic substances will no longer need to be tested on rabbits."

This alone may bump the price a little but with full approval, we should be flying. Then it is only a matter of time before the bolder companies (or the ones that want the politically correct image) jump on the bandwagon, which will result in revenues, profits and a much higher stock price!