And here we are back below $1.40 again today. The earnings reported by the company are not spectacular but IPT remains one of the few juniors that has actually reported a net quarterly profit from recurring ops. The company is thus in better shape financially.

I reported recently how the stock was trending higher as a motivated buyer stepped up, but no follow through appeared thereafter. There is no relationship to the real strength of the company to the stock price during the last year or more. That is frustrating as hell for any investor and no doubt it has the effect to minimize speculation and encourage investors to look elsewhere for the time being.

cheers!

mike