Newsletter
| Promoter: | Penny Stock Pick Alert | Paying Party: | Alan Kau |
| Stocks covered: | Compensation: | Avg $ Volume for Period: |
| IPRU | $15000 | UNKNOWN |
| Max Profit: 9.09 % | Gain at close: 0.00 % | |
| *We think that this promoter is a part of a group of promoters. | ||
Good morning, Traders.
IPRU just reported that they submitted a Letter of Intent ( LOI) to an Aerospace Company....and shares increased which could indicate signs of a solid uptrending continuation.
In a steady fashion, IPRU has now increased 6 consecutive trading sessions.
In reference to the announcement of the pursuit of the acquisition, CEO Doug Clark remarked, "the products created and technology to be acquired would allow us to expand our business future into the eighteen billion dollar aerospace market."
The news announcement continued by saying, "Innovative has presented a letter of intent for the purchase all business, machinery, staff and complete operations of this multi-million dollar business.
The manufacturing business has been operating since 1965 and last month was involved with the APXS rover mission to Mars!"
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IPRU Showing Some Positive Technical Indicators
After looking at the chart, IPRU has displayed some promising technicals, including:
(1) Shares have been on an uptrend and could display light resistance
(2) The Company's shares have begun to gain momentum as it has started to walk the upper Bollinger band
(3) The Company's chart is displaying SIX consecutive higher trading sessions-----------------------------
About IPRU:
IPRU provides assistance in every step of a project, from hand sketches and design through prototyping, construction and project management of production products.
The Company works with Certified Engineering Technicians, designers, graphic artists, manufactures, prototypers, retail chain sellers and buyers, all of which could participate in the development and creation of products.
Furthermore, IPRU offers project management to help its client to produce finished parts ready to market in numerous areas including consumer and household goods, office products, furniture and toys.
Hence, IPRU can oversee a project from inception to completion and clients have the security of knowing that professionals will be supervising all aspects of development.
Want some proof of their success?
Well, IPRU reports that it has design and engineering contacts involved in many notable projects, some of which are listed below. The company is also constantly developing new contacts which could improve their top and bottom line.
IPRU's Top 5 Highlights
#1. IPRU announced that they submitted a Letter of Intent to acquire a well established aerospace company
#2. IPRU is developing revolutionary new item for the Thirty-Nine Billion Dollar Back to School sales market
#3. IPRU is working with a number of potential clients/inventors
#4. IPRU can work with both private and public companies
#5. IPRU shares have been uptrending over the past 6 consecutive days and has shown signs of light resistance
Development of Revolutionary New Item for Thirty-Nine Billion Back to School Sales Market
Earlier this year, IPRU announced that it is developing a new back to school product.
CEO Clark said that the product is for the Thirty-Nine billion dollar back to school market and that it is a great, new innovative product in which the company is at exciting stage of design process.
Clark also said that the intricacies of the product will catch customers’ eye as the company gets it perfect for its intended retailers such as :
(1) Staples
(2) Office Depot
(3) Office Max
(4) CVS
(5) Wal-Mart
(6) other back to school retailers
Working with a Number of Potential Clients and Inventors...and Seen on TV
IPRU said earlier this year that it is working with a number of potential clients/inventors.
In fact, the company said that it has narrowed its focus... and is committed to closing a deal with an inventor to design and manufacture products.
Clark said earlier this year that the company continues to make very significant advances in its endeavor to design and produce new products.
Clark also noted that one potential inventor was featured on Dragons Den, a TV show.
Fundamentally and Technically Skeaking...
With the recent announcement of their pursuit to acquire an Aerospace Company that could expand IPRU's business into the eighteen buillion dollar market segment...traders could be taking notice.
Technically, shares continued the momentum as the company announced their intent to enter into a LOI to acquire the well established aerospace company. Hence, IPRU could gain further momentum.
Overall, the company has announced their steady progress in the last few months, making IPRU a Company that could be worth keeping an eye on.
Watch IPRU trade and see if it continues its upward climb.
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