IT Packaging Inc (ITP) .19
HIGH RISK HIGH REWARD
16m Float
3.2m MC
$175m assets
Delayed 10Q
Heres the kicker.
In 2020 they started a biomass renewable energy plant. It was scheduled to take 5 years to complete. This plant would not only generate energy for the plant, cutting back on operating expenses, and generate income.
There is no Dilution or reverse split danger ATM.
Has a delayed 10Q warning from NYSE but thats nothing new
If we get the update for the plant in the next 10Q she can fly with that float and no cashless warrants
Here is the plant PR from 2020
[https:\/\/www.prnewswire.com\/news-releases\/it-tech-packaging-inc-to-launch-construction-of-biomass-combined-heat-and-power-generation-project-301082700.html](https://preview.redd.it/mavci0p3831h1.png?width=1000&format=png&auto=webp&s=c56cde74ebf011d73f64f0b2429fdafe17096169)
Here is the revenue it can generate
https://preview.redd.it/ezkzzurb831h1.png?width=985&format=png&auto=webp&s=ac289ce7835877a6de6e8675a3d45ee24fa8145a
Weekly has some nice spurts on it. She can give easy 20/50% moves like any other penny but we really need an update on the plant for anything to stick
https://preview.redd.it/8wzahxdp831h1.png?width=1108&format=png&auto=webp&s=57b9e87f0f6b771e4d2ee065f301c9ae8a4a5c9a