Here are the details
|Jan 14, 2015||Triple Moving Average Crossover (4-day 9-day 18-day)||Short-Term Bullish||$0.12||n/a|
|Jan 08, 2015||Momentum||Short-Term Bullish||$0.12||n/a|
|Jan 08, 2015||Price Crosses Moving Average (21-day)||Short-Term Bullish||$0.12||n/a|
|Jan 05, 2015||Short-term KST||Short-Term Bullish||$0.12||n/a|
|Jan 05, 2015||Continuation Wedge (Bullish)||Intermediate-Term Bullish||$0.12||Bullish $0.22 - $0.24|
IBC Engineered Materials Corporation, a wholly owned subsidiary of IBC Advanced Alloys Corp, manufactures Beralcast as a family of beryllium aluminum alloys that overcomes the limitations of pure beryllium and existing aluminum alloys, while retaining the benefits of the two metals.
IBC Advanced Alloys Copper Division manufactures and distributes a wide variety of copper alloys as castings and forgings including beryllium copper, chrome copper and aluminum bronze in plate, block, bar, rings. They also develop specialty copper alloy forgings for plastic mold tooling and resistance welding applications.
The U.S. Dept of Defense is currently testing Beralcast alloys for use in their UAS and UAV programs in aerospace (Airforce), on land (Army) and underwater (Navy). This program is ongoing.
IBC Engineered Materials, a wholly owned subsidiary of IBC Advanced Alloys, is also collaborating with Purdue University and the University of Texas on the production of Beryllium Oxide Enhanced nuclear fuel to increase the safety and longevity of nuclear fuel rods. IBC and PUrdue share patents for this technology.
IBC trades on the Canadian Venture Exchange (ib-tsxv) and on the OTCQX International as IAALF
Earlier today I spoke with Ian Tootill of IBC regarding their outlook for 2015. Although he cannot discuss any upcoming contracts or talks with other companies besides Lockheed, he did say he is very optimistic that IBC is moving steadily toward profitability in 2015.
Currently IBC's market cap is only $9 M with 80 Million shares outstanding at today's price of .11c Revenue for 2014 was over $20M
Disclosure: We are investors in IBC Advanced Alloys Corp