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Microcap & Penny Stocks : Intl. Absorbents (IABS, formerly IABSF) -- Ignore unavailable to you. Want to Upgrade?

To: JOHN A. who wrote (145)	12/24/1997 2:13:00 AM
From: arizona_ice_tea	Read Replies (2) \| Respond to of 206

I was able to talk to Chuck Tait (IR) some days ago ... I first did ask him about a production facility on the east coast. They don't have one yet. It seems like that they're first concentrating on making this company profitable. If they make money IABS can afford to open a plant on the east coast. By the way, at least they already own the machines. The biggest problem they still have, and this is my personal opinion, is the problem with the holders of this convertible debenetures. As soon as they find a solution I think the down pressure on the stock price won't be so bad anymore. Furthermore the tax-loss-selling should be finished soon because of the year end. Merry christmas Michael