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Forum - Mining and Commodities Eh! (International Parkside Products Inc - IPD.V)    All things commodities, with a Canadian Junior Miner focus.

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From: Jimjones1972 (Rep: 0) reply to Jimjones1972Date: 12/09/2016 12:17
Forum: Mining and Commodities Eh! - Msg #5697 - List IPD.V msgs Thread #673778298 (Rec: 0)
Int'l Parkside to pay one-cent dividend Jan. 24

2016-12-06 14:06 MT - News Release

Mr. Murray Keating reports

DIVIDEND DECLARED

International Parkside Products Inc. will pay a one-time dividend of one cent per common share, payable in cash, in respect of the year ended July 31, 2016. The dividend will be paid on Jan. 24, 2017, to shareholders of record on Jan. 13, 2017. The dividends declared have been declared as eligible dividends for Canadian income tax purposes pursuant to Subsection 89 (14), as defined under Subsection 89 (1), of the Income Tax Act (Canada).

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Reply to Jimjones1972 - Msg #5615 - 03/10/2016 10:46

New IPD website has finally been release:

http://www.internationalparksideproductsinc.com/

At the bottom of the page you'll find the recent news, MD&A, financials, and technical info.

Q2 results will be out in a few weeks and I believe we will be seeing another profitable quarter. Below is a recap of the Q1 and 2014 results:

Symbol: IPD
Common Shares: 15,617,670
Insider Holdings: 10,141,992 (65% as per SEDI)

Assets
Cash: $215,960
Accounts Receivable: $184,898
Inventory: $210,488
Prepaid Expenses: $84,678
Short-Term Investments: $225,481
Equipment: $630,248
Licensing Rights: $114,276
Total Assets: $1,666,029

Liabilities
Accounts Payable: $196,527
Customer Deposits: $47,917
Total Liabilities: $244,444

Q1 2015
Sales: $926,373
Net Income: $41,997 or $0.0027c eps

Recap of 2014 Year End Results
Sales: $4,214,046
Net Income: $319,127 or $0.02c EPS.

Over 5 quarters:
Sales: $5,140,419
Net Income: $ $361,124 or $0.023c EPS
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