Integrated Freight Corporation (OTC:IFCR) got massively promoted yesterday. The alerts came from numerous online 
promoters and immediately pumped up the stock price for a total compensation of $25,000.
As a result, yesterday IFCR soared 26.58% on a traded volume exceeding 1.5 million shares.
Though, that’s not all for IFCR. Along with the stock alerts, it was reported that the company was hosted by WallStreet Research for its Small Cap Conference on Nov 16.
Apparently, the hot news and the promotions influenced IFCR stock price at once, though it is not certain how long the up move will resist.
Following the records, the company has released a number of positive news lately, though its stock price has been quite unstable. So is the financial condition of IFRC.[BANNER]
According to its 10-Q, as of June 30 the company still had some cash available, however, its deficit and losses were much higher.
The management stated that they relied upon additional investment through debt in order to fund their operations. Though, they anticipate the need to raise significant amounts of capital in the next fiscal quarter due to their insufficient cash flow from operations.
