intermoco in very good position! $1.199m cash!

Hi All

Im back into Intermoco today after seeing it being oversold! I had sold out 18 months ago when I thought they hadn't turned the corner. They now have and the next announcements will prove this!

Albuera is 100% correct! INT is actually making money for the first time!

The Downrampers need to look at the latest announcements!

Enjoy the read and in 3-6 months time you will see that today and probably early next week will be the long term lows for INT!

On March 18th INT announced that they had a POSITIVE CASHFLOW! They had a positive cash position of $1.253m of which $233k was made up of the Capital Raising, the rest went to paying off the debt and the remaining was made up from trading cash flows!!!



Have a look at the Appendix 4C below! It clearly shows Intermoco are now cash flow positive and being a subscription type business every new deal is pure profit once their costs are covered!





$1.199m in CASH!



No Capital Raising
Growth in new business will continue
New Managing Director
Quarterly Cashflow growing at around $190,000 per quarter!

Dont panic sit tight and enjoy the ride over the next 12-18 months!

Cheers Nectar