IESV Intrepid Technology Resources
This company seems to have a sensible
management team exemplified by their common
sense. Their actual product under development
is alternative fuels made from organic
materials, like potatoes, corn and manure.
I like their common sense because they have
their true product, alternative fuel sources,
on the back burner and are keeping their
company afloat plus a little profit, by
contracting out their engineering talents.
Intrepid Technology is a collection of
engineers working towards developing
financially viable methods of producing
alternative fuels. Being comprised of
engineers, they have sense enough to
contract out engineering services,
for a fee, and appear to be doing well
at this.
Their alternative fuels, they most likely
know there will not be a big market for
those products for many years to come.
Black oil is still cheap enough to keep
alternative fuels out of the current market.
However, there is a small market developing
in this area. This market is in tractors and
other "crop harvesting" machines which can
easily run on these new alternative fuels.
IESV is located in the heart of farmland.
Some cities are now looking to extract
methane from covered over landfills no
longer in use. All of those represent a
small market, though.
Basic approach is this group of engineers
sale their services, then turn their profits
over into developing new fuels, slowly.
Seems good common sense.
Interestingly enough, they do own mineral
rights to some gold rich land. Nonetheless,
at current production costs compared to gold
prices, it is doubtful they will actively
mine. Still, this does add to assets.
Please read their current 10Q at SEC edgar.
There is good news and bad news. Be sure
you do read ALL filings.
Some snippets from their 10Q report:
***
Cash On Hand:
Year 2002 27,175
Year 2003 105,291
Total Assets:
Year 2002 4,683,342
Year 2003 4,620,150
Total Liabilities:
Year 2002 886,498
Year 2003 767,949
Income (loss):
Year 2002 (190,184)
Year 2003 76,417
Earnings Per Share Diluted (loss):
Year 2002 (.0013)
Year 2003 .0005
"The Company is a biofuels renewable
and alternative energy development
and operating company with strengths
in engineering and technology. While
the Company's primary source of current
revenue is the sale of engineering
services to a variety of clients, it
is posturing itself for a primary
business purpose of developing,
constructing, and operating a portfolio
of projects in the Renewable and Alternative
Energy sector, with a special emphasis on
production of biofuels - particularly, biogas
(methane), ethanol and...hydrogen."
"The report defined the reserve as consisting
of 455,000 ounces of recoverable gold. Over
20 of the 180 drill holes intersected
high-grade ore zones, but it must be assumed
that the bulk of the deposit is of low
grade."
"...revenue is derived from "work-for-others"
by the Engineering Services Division, with
any profits being used to develop the
Biofuels...."
"quarter ending September 30, 2003...operating
costs decreased 13.7% to $494,575 from
$573,264...."
"The Company had gross profit of $309,363 in
the first quarter compared to $71,849 for
the same quarter ended September 30, 2003
and 2002 respectively. This 330% increase
in gross profitis a mark of increased sales
and better management and...."
***
Please their 10Q report and all SEC filings
very carefully for a full financial picture.
All looks relatively healthy to me. Nothing
to really brag about but they do seem to being
just fine, at least turning some profit.
Why I am suggesting you NOT buy this stock
is there will be no major increases in stock
price anytime soon. You will NOT earn any
profits worthy of mention for a long time.
Yes, appears they will do ok but there is
nothing there which will cause a sudden
price break out. No loss is expected nor
is any sudden profit expected.
This is an extremely slow growth stock.
We have invested based on speculation and
based on affordable price.
They have two future potentials. One is
a developing "farm" market for biofuels
but this is probably years away.
Other is they hold and have good assets,
specifically gold bearing mineral rights,
which they could sell if a cash crunch
comes about.
At a nickel a share, we have decided we
can buy a lot of this stock for not a
lot of money. This one we can buy, set
a shelf and not worry much. Maybe in
year, maybe in two years, maybe longer,
this stock could have good value.
We are placing a bet on the good common
sense displayed by the management team.
Our hopes are their good sense will pay
off in the long term.
We are in for 10,000 shares at .0485
and hope to accumulate perhaps another
thirty to fifty-thousand shares.
Don't run the price up on us, ok?
We have not yet finished buying.
Again, my suggestion is you NOT buy
this stock. Chances are you will be
disappointed because this stock will
not move for a very long time.
As always, never buy nor sell based
on my opinions. You could lose money.
Chances are very good this stock will
actually decline in value sometimes.
This stock is only for extreme risk
takers, in for very long term based
on nothing but speculation and the
apparent good common sense of the
management team.
I would NOT buy this stock if you
are an average investor looking for
good returns in a short time.
Be sure you read carefully. I am
actually telling you to NOT buy
this stock. Risks are extreme with
a stock of this nature.
Purl Gurl
Purl Gurl
Purl Gurl
Purl Gurl
You are up just about one-hundred percent,
on the average.
Purl
quote:
Originally posted by Purl Gurl:
Originally profiled for you at a nickel
per share, IESV is now trading at eleven
cents per share.You are up just about one-hundred percent,
on the average.Purl
NICE FIND GURL. VERY NICE.
------------------
DIANA
quote:
Originally posted by Purl Gurl:
Ha! Ha! How funny, I am both a pumper and a basher,
all depending on in which thread I participate!
You are simply jealous of my talents.
* assumes her Cassius Clay voice *
I am the greatest! I am the greatest!
Purl Gurl
quote:
Originally posted by mr money:
LOL--Jealous of you. I don't think so. I've turned 5k into over 500k in less than 5years.To me, I find trading stocks quite easy. I don't need nor do I have the time to post continuely like you do either pumping or bashing a stock. I made over 50k on NDOL alone .I don't own any at this time as I sold all sharers over a buck. But to watch you continually bash a stock really leaves a bad taste. Where were you when it was below .10. Smart investors were loading up(and I wasn't pumping it either )Will be loading up again on it real soon though. Keep pumping IESV hope it runs for you--just try not to create to many bagholders. Good traders don't have to pump or bash stocks all day like yourself--We just trade.
quote:
Originally posted by Purl Gurl:
Ha! Ha! How funny, I am both a pumper and a basher,
all depending on in which thread I participate!
You are simply jealous of my talents.
* assumes her Cassius Clay voice *
I am the greatest! I am the greatest!
Purl Gurl
quote:
Originally posted by Purl Gurl:
"I've turned 5k into over 500k in less than 5years."
pffftt...
I turned 25 grand into one point one million
in three years.
Of course, I started out with more than you.
I am the greatest! I am the greatest!
Purl Gurl
quote:
Originally posted by Purl Gurl:
"Just keep using my same stategies."
A strategy of slinging childish personal insults?
I am skeptical.
Purl Gurl
quote:Tough call. The pictures are nice but it's a hell of a lot of fun when you stir up the pot too. I guess it's a coin toss from my point of view.
Originally posted by Purl Gurl:
Which do you boys prefer? My coming over here
to Hot Stocks to help you earn money, or my
staying over in my small corner of Allstocks,
elsewhere, posting nude pictures of myself?
Cannot have both!
To help in your decision making, you know my
participation here at the Hot Stocks board
will cause all Hades to break lose.
Purl Gurl
quote:Ok, here's the way I see it. You're actually performing two valuable services here. One, you're flushing P & D people that come here thinking they'll get away with it while at the same time providing knowledge to those that truly need it. That's your Hot Stocks service.
Originally posted by Purl Gurl:
I have a recent photograph of me, nude, which is
currently artistically rendered for viewer safety.
Still have not decided if I should provide
my more recent picture. I am thinking if I
get over here and earn some bucks for you
boys, others will be less likely to complain
about our family being social nudists, and
less likely to complain about my being so
very comfortable with nudity.
Have you boys enjoyed my link to my nude
portfolio I provided elsewhere?
Purl Gurl
quote:i would of course go with: both!
Originally posted by Purl Gurl:
Cannot have both!
quote:Blue.. should gap tomorrow and run hard IMO..
Originally posted by blue_in_MI:
quote:i would of course go with: both!
Originally posted by Purl Gurl:
Cannot have both!
nice day for IESV: swing-chunk sale triggered near EOD, but still holding long-chunk. quite a nice day for ALMI as well, bucking the general sharp downturn today in resource/mining stocks