Reader Interaction - 16 Sep 2006

Is Jasper Rubber Buying Stock in Integral?




16 September 2006
EB Reader & PK Correspondence


PK,

Do you know if Jasper Rubber has purchased any ITKG stock thru any special offering? Somebody has given them financing. All indication is that they were close to being short on cash.

Have a great weekend. Love your latest Blog article. I look forward everyday when I check your Blog to see something new.

The big question is:

Are we having fun?! I say--Yes. Life is good when you have made $135,000 on paper with ITKG stock. And it's all resting in a 401K account.

Have a great weekend.



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EB Reader,

You ask a great question -- unfortunately all I have to go on are rumors, which do not amount to much. Suffice it to note that Integral is looking soon to place its stock on one of the major indexes in the near future. To do this, they will require a substantial amount of capitol on hand, and depending on the exchange (AMEX or NASDAQ), the stock to trade at a $3 to $5 range for a period of time.

According to a solid source rumor, the cash is in-place and ready for this next step. The company is more than likely waiting on that first major announcement to place it over the top and substantiate that trade target range.

So, in response, at least to part of your question, I would not worry about cash-flow issues. The arrangement between the companies will unfold, and your friends attending the shareholder get-together in Jasper might uncover more on that to substantiate the rumors already heard on this front.

Cheers and thanks for the good words -- my editor will be thrilled at the appreciation & acknowledgement of and for his most recent good works.

PK sends...