Short Term Trading Week Starting: 24 Apr, page-10

STT COMP JTL FA LONG

Integrated Healthcare Services

Shares on issue 281 million
Market Cap $2.5 million

What has attracted me to JTL is the number of measures the company has taken to get into profit and positive cashflow.
In September last year they appointed a new CEO.He has implemented cost cutting of $2.34 million.
Debt owed to the director and major holder of $3.25 million has been converted to 250 million options at 1.5c.This transaction is therefore valued at 2.8c being $3.25/ 250 million = 1.3c plus 1.5c = 2.8c. Conversion of these options will also fund the company into the future.
Director recent buying on market.
Overall ridiculously low market cap for a company with revenues looking at getting into profit.