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DON'T BUY

Just got new management which announced that they want to be more transparent and move forward. When you are dealing with a $0.04 company on the Venture Exchange that has nominal revenues, you are looking at hope and potentially hype. Risk is very, very high.

Consumer Products
PAST TOP PICK

(A Top Pick Jan 27/12. Down 89.47%.) Have plastic moulding technology that was developed at Magna (MG-T) and were using it to build mobile homes out of plastic composites. Had a big contract with the Haitian government but lost the contract. As soon as this happened, he got stopped out of the stock.

Consumer Products
DON'T BUY
Really likes the potential. The hydro forming technology, which was developed out of Magna, is being applied to transportation and now into housing. Announced some contracts with Haiti for some mobile housing but those contracts have been delayed. They built their plant which is now operational but don't have the revenue that they had expected. It is now a show me story.
Consumer Products
DON'T BUY
Doesn't have enough history for him to be able to look at the 3 and 5 year numbers. Have a very interesting product that is being used globally. If they're successful in getting a build out, it will be beneficial. The challenge at the moment is that the median estimate for Sept/13 is a loss of $0.02. He would wait for a visible backlog and earnings to start to appear
Consumer Products
DON'T BUY
Really, Really small company, $1 million last year. Not a pretty balance sheet.
Consumer Products
COMMENT
Part of this company is involved in plastics and part of that is involved in making mastic houses. Have potential contracts including Haiti and others. Expected to lose $.06 in 2012 and to improve to a very large $.17 in September 2013. People are actually waiting for the sales and deliveries to start.
Consumer Products
WATCH
Announced a contract to provide some shelters to Haiti but the contract has been delayed. At this point, he feels it is a bit of a “show me“ story. Still likes. Has huge potential.
Consumer Products
TOP PICK
Hydro forming plastics technology patent was bought from Magna (MG-T) and is being used to manufacture low-cost modular shelters, which solves all the issues of deterioration, flame retardant, pest controlled and water leakage. Won a $60 million contract for shelters in Haiti and are in the process of bidding with the Clinton Global Initiative on a $4 billion contract. Recently won a contract in Brazil for low-cost housing. Target of $2-$3.
Consumer Products
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Innovative Composites(IC-X) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Innovative Composites is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Innovative Composites(IC-X) Frequently Asked Questions

What is Innovative Composites stock symbol?

Innovative Composites is a OTC stock, trading under the symbol IC-X on the (). It is usually referred to as or IC-X

Is Innovative Composites a buy or a sell?

In the last year, there was no coverage of Innovative Composites published on Stockchase.

Is Innovative Composites a good investment or a top pick?

Innovative Composites was recommended as a Top Pick by on . Read the latest stock experts ratings for Innovative Composites.

Why is Innovative Composites stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Innovative Composites worth watching?

In the last year, there was no coverage of Innovative Composites published on Stockchase.

What is Innovative Composites stock price?

On , Innovative Composites (IC-X) stock closed at a price of $.