Silicon Investor (SI) -- The First Internet Community

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... -- Ignore unavailable to you. Want to Upgrade?

To: JOHN SAMSEL who wrote (195)	2/19/1998 10:49:00 AM
From: Bugsy	Respond to of 747

Welcome Traindriver The financials should be out in about a month. I doubt it will contain any info. on the ROP plant. In there press release they state these plants will produce over 6 mil. revenue ( .10 - .12 a share ) per year. Now from dealing with similar cos. in the past , their projections sound resonable. If you go back and read all the posts you will see that 1 of the investors here has visited the plant. So # 1 we know the plant is there and real. # 2 we know the plant should produce 6 mil. or so per year. # 3 the market cap is around 6.1/2 mil.. #4 we know they are generating revenues from the soil cleanup side of the co.( don't know how much } in the range of .2 - .4 cents per share per year. # 5 We know there 3 year projection is to build 15 plants ( and then 1 per month thereafter }. IMO if they can reach there projection the stock price won't be anywhere near these prices we see today. At these prices I just can't find any downside risk. We should know more when we see the financials. Hopefully we will hear about some more plants being constructed soon. From the picture of the plant in the investors pkg. it does seem quite large. Maybe someone that lives close to the plant can take a tour and give us an update. Best Regards > Bugsy <