Hi Leon, I'm a holder of Bulletproof as well, good to see some...

Hi Leon,

I'm a holder of Bulletproof as well, good to see some recent price appreciation, also hold Big Air another one you like.

I've recently bought into International Coal Ltd (ICX) soon to be renamed Velpic when the reverse takeover is finalised.

Velpic is a video e learning business in its early stages of development based in WA with a number of high profile clients with plans to gain clients on the east coast, (it has just secured their first one.)

It's a bit of a punt I guess, has a small amount of annual revenue at present,somewhere between 2 to 2.2 million, but not currently profitable.

A capital raising is currently being undertaken in conjunction with the reverse takeover.

My question is, have you ever bought into a situation like this, (company not yet profitable but with prospects of becoming so) and if so how did you fare?