
Newsletter
Promoter: | RisingPennyStocks.com | Paying Party: | Alan Kau |
Stocks covered: | Compensation: | Avg $ Volume for Period: |
IPRU | $15000 | 4147 |
Max Profit: 9.09 % | Gain at close: 0.00 % | |
*We think that this promoter is a part of a group of promoters. |

Greetings, Traders.
IPRU (Innovative Product Opportunities Inc.) just announced this morning that they have entered a Letter of Intent (LOI) to a multi-million dollar Aerospace business...
Innovative Product Opportunities, Inc. Submits LOI to Aerospace Company for Consideration by Board of Directors
MISSISSAUGA, ONTARIO--(Marketwire -12/19/11)- Innovative Product Opportunities, Inc., a product development firm, (OTCBB: IPRU), submits a letter of intent to the aerospace company for approval by its board members.
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!
CEO Doug Clark remarked, "the products created and technology to be acquired would allow us to expand our business future into the 18 billion dollar aerospace market."
Preliminary discussions are promising and expect sign back soon.
To read the press release in full, please visit: http://finance.yahoo.com/q/h?s=IPRU.OB+Headlines
IPRU's Top 5 Highlights
#1. IPRU entered an LOI to a Multi-Million Dollar, 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
Watch IPRU Following its Announcement
With what looks like a strong technical bounce back on solid volume, IPRU has been showing a stable move northbound over that past couple of weeks and is trading above its 9-Day Moving Average.
Last Wednesday IPRU saw the highest volume over the past year...and continued to move upwards on Thursday and Friday, walking the upper Bollinger band.
IPRU shares are trading around sixteen cents...and have a 52-week range of around eight-cents to seventy-one cents.
With the new announcement by IPRU to enter into a LOI to acquire a well established aerospace company, news could generate a continuation of this trend.
Watch IPRU trade as this Company has fresh news...
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