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IFCR to Continue Efforts to Build Shareholder Value

Friday, 30 January 2015 10:15 AM

Integrated Freight Corporation

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SOUTHBURY, CT / ACCESSWIRE / January 30, 2015 / Integrated Freight Corporation (OTC: IFCR), as it concludes its restructuring, continues to settle several remaining outstanding debts and legal issues. Through this period, management has raised limited outside capital and, in most cases, there has been limited shareholder dilution due to the settlements. 

David N. Fuselier, Integrated's CEO said, "Our strategy has been very straight-forward: maintain our lowest-of-all-transports overhead structure; organically grow our current profitable trucking operations and, lastly, reach fair resolutions to the remaining creditor issues. Management has endeavored to accomplish this substantial task while keeping in mind the best interests of customers, creditors, and shareholders alike. The cooperation of these stakeholders has been greatly appreciated throughout this difficult process and we hope, and expect, that their patience will be rewarded." 

Fuselier further noted that, "In no case was convertible debt raised to settle the claims."

About Integrated Freight Corporation

Integrated Freight Corporation (OTC: IFCR) provides long-haul, regional and local motor freight service. For its customers, the Company provides dry van and hazardous waste truckload services in well-established traffic lanes in the Upper Midwest, Texas, California and along the Atlantic seaboard. For its shareholders, Integrated Freight acquires operating motor freight companies that build, maintain and deliver shareholder value. The Company's corporate mission is to be the best niche motor carrier in North America.

This press release may contain forward-looking statements, made in reliance upon Section 21D of the Exchange Act of 1934, which involve known and unknown risks, uncertainties or other factors that could cause actual results to differ materially from the results, performance, or expectations implied by these forward-looking statements. The Company's expectations, among other things, are dependent upon economic conditions, continued demand for its products, the availability of raw materials, retention of its key management and operating personnel, its ability to operate its subsidiary companies effectively, need for and availability of more capital as well as other uncontrollable or unknown factors which are more fully disclosed in the Company's 10-Ks and 10-Qs on file with the Securities and Exchange Commission.

We may, from time to time, make additional written and oral forward-looking statements, including statements contained in our filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statements that may be made from time to time by us or on our behalf.

Contact:

Henry P. (Hank) Hoffman, President and COO
Integrated Freight Corporation
(417) 434-1782

David N. Fuselier, CEO
(203) 628-7142

SOURCE: Integrated Freight Corporation

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