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International Isotopes Lists to Bulletin Board

By Dave Porter

Financial In Market An interesting micro cap stock is International Isotopes, Inc., which just moved up to the OTCBB, though its shares seem over priced to current sales.Visit our AXcess News Forum and add your comments on this story. Try your hand at writing, the best story will be published on our news network. Take our micro cap stock poll too!

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Financial Forex Forex Software Aug 13, 2004 (AXcess News) International Isotopes Inc. (OTCBB: INIS) will now be traded on the OTC Bulletin Board under the symbol INIS. The Company had previously been traded on the Pinksheets under the symbol INIS.Steve Laflin, Company President and CEO stated, "This is the next step in our long term plan to steadily build the Company, eventually leading to increased trading accessibility and value for our shareholders."According to INIS' first quarter report, the company recorded sales of $743,325 compared to $359,601 for the same period ended March 31, 2003, an increase of $383,724 or 106%.

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Trading The company reported a net loss for the first quarter of $161,487, an improvement over the same period in 2003 when International Isotopes lost $258,547.

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Trading Financial System INIS attributed the improvement to increased sales and managing to hold down costs.

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Day Trading On March 31, 2004 the company had cash and cash equivalents of $606,802 compared to $160,216 at December 31, 2003,Advertisement

Forex Financial Trading The Increased revenues were primarily attributable to a single large cobalt sale that occurred during the period, but the company also saw increases in sales of its nuclear medicine reference and calibration sources and of its new Iodine -131 product. Gross profit for the three-month period ended March 31, 2004 was $300,370 as compared to $148,518 for the same period in 2003, roughly unchanged at 41% of revenues.

Fortune Make Option Trading Every thing appears rather tidy and neat. Though there are over 141 million shares outstanding with International Isotopes, Inc. (OTCBB: INIS) closing Friday at 16 cents, up .005 cents or 3.23%, on 8,000 shares volume.

Science Of Financial Market Friday's close put a market value of $22.5 million on International Isotopes, a company with steller sales growth, with the majority of that figure coming from a one-time sale. More than likely the shares will see a slow decline once the traders' desks wake up.We think this company has some operating potential, but not unless its shares shake out and find a reasonable trading level. INIS was added to our Stock Guide where readers can track the progress of those companies over time.

Future Trading AXcess News will be reporting on any new market trends related to this story. Members should watch their in-box for late breaking news. If you're not a member, consider joining now. Members get the latest business news, commentaries and stock picks delivered right to their in-box.

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