Message #38 From:
NewsBot Date: January 4, 2007 06:29:00 AM
INLM News International Monetary's Rating Raised to 'Strong Buy/5' and Target Valuation Increased to $1.31 by Investrend Analyst Vassalotti in 'Institutional' Research Update
NEW YORK--(BUSINESS WIRE)--(Investrend Research Syndicate) In a report dated December 26, 2006,
Investrend analyst Gary Vassalotti cites November’s
record volume as a potentially offsetting factor against a weaker 3rd
quarter in ’06 forInternational
Monetary Systems, Ltd. (OTCBB: INLM), applying a higher “Strong
Buy/ 5” rating and increased $1.31 target
valuation in his most recent research update.
The full report, including important disclosures and disclaimers, is
available at http://www.investrendresearch.com.
In the report, the analyst also stated:
“INLM had a weak third quarter, but we
believe this is a temporary event and that recent acquisitions will more
than make up for it during the upcoming year.
“During the prior quarter, INLM completed two
acquisitions during March, one in April, and one in June.
“The third quarter included one acquisition
on September 29th for the National Trade
Association, Inc (d.b.a. Illinois Trade Association) for $4,600,000 in
cash. Notes, and private investments were used to raise funds needed for
this acquisition.
“We believe that the weak numbers from the
third quarter are a one-time event. Given the accretive acquisitions
recently completed by INLM, and its growing focus on growing the
business through increased sales force activity, we expect the company
to quickly be back on the growth track. INLM is concentrating on growing
the business over managing EPS numbers. That is a crucial focus for a
company in this stage of development.
“Since INLM is now trading near or above
$1.00 and enjoys a confident investor base, we are raising our
recommendation and price targets.”
All Investrend Research reports published for INLM, including important
disclosures and disclaimers, are also available via the company’s
InvestorPower(TM) Page, posted at Investrend.com (http://www.investrend.com).
InvestorPower(TM) Pages are directly accessible from http://www.investrend.com/company/list.asp?sPathParam=yes.
Investors are advised to read those disclosures carefully before trading
in the equities of any enrolled company.
International Monetary is enrolled in Investrend Research’s
pioneering professional research program, which facilitates independent
analysts to provide coverage for shareholders in companies that
otherwise would have little or no analyst following.
Enrollment fees for Institutional coverage were/are $29,800, and the
fees were/are being paid by the company via a barter credit. Analysts
are paid in advance of initial reports by Investrend Research to
eliminate pecuniary interest, and neither the analyst nor anyone
associated with Investrend Research may own or trade in the stocks of a
company under coverage.
Anyone interested in receiving alerts regarding International Monetary
research should email contact@investrend.com
with “INLM” in the
subject line.
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of similar import also identify forward-looking statements.
Forward-looking statements are based on current facts and analyses and
other information that are based on forecasts of future results.