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INVC Innovative Card Technologies, Inc. featured news, full reports, and detailed charts

Innovative Card Technologies, Inc. (INVC/INVC.OB) Wrap Up:

Innovative Card Technologies, Inc develops and markets secure powered cards for payment, identification, physical, and logical access applications. Its products include ICT DisplayCard, which integrates the security of a one-time password token into a card the size of a standard credit or debit card. The company?s proprietary power inlay technology consists of a battery, integrated circuit, printed wiring boards, and switch that power applications on credit cards and other information-bearing plastic cards. Its products are used for enterprise and online banking markets. The company was founded in 2002 and is based in Los Angeles, California.
www.incardtech.com
5 Employees
Founded in 2002

Innovative Card Technologies, Inc. (INVC:OTC Bulletin Board Market)

LAST $0.21 USD
CHANGE TODAY -0.01 -4.55%
VOLUME 9.4K
As of 2:14 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Innovative Card Technologies, Inc. (INVC)

OPEN
$0.24
PREVIOUS CLOSE
$0.22
DAY HIGH
$0.24
DAY LOW
$0.21
52 WEEK HIGH
10/5/09 - $0.50
52 WEEK LOW
02/20/09 - $0.04
MARKET CAP
6.0M
AVERAGE VOLUME 3 mo
88.3K
DILUTED EPS TTM
$-0.38
SHARES OUTSTANDING
28.6M
INVC Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

INVC Top Compensated Officers

Mr. Richard J. Nathan
Chief Executive Officer, President, Chief Fin...
Age: 67
Total Annual Compensation: $30.0K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for Innovative Card Technologies, Inc. (INVC)

Innovative Card Technologies Inc. Reports Revenue Results for the Third Quarter and Nine Months Ended September 30, 2009

Innovative Card Technologies Inc. reported revenue results for the third quarter and nine months ended September 30, 2009. For the second consecutive quarter, the company achieved sales of over $1 million in revenue. The company took in $1,011,760 in the third quarter of 2009, compared with $840,098 in the third quarter of 2008. For the nine months ended September 30, 2009, the company reported revenue of $2.84 million, versus $1.86 million revenue in the prior year period.

Donald Joyce Resigns from Innovative Card Technologies Inc.'s Board of Directors as Well as from the Committees

On November 2, 2009, Mr. Donald Joyce resigned from Innovative Card Technologies Inc.'s board of directors as well as from the committees on which he served. The resignation is effective immediately.

Innovative Card Technologies Inc. Announces Auditor Changes

Innovative Card Technologies Inc. has engaged RBSM, LLP as its principal independent registered public accounting firm effective October 20, 2009. Concurrent with this appointment, the Company dismissed SingerLewak as the Company's registered independent public accountant effective October 21, 2009. The decision to change its principal independent registered public accounting firm has been approved by the Company's Audit Committee and the board of directors.

otc, otcbb, pinksheet, INVC, ob Innovative Card Technologies, Inc.

INVC Competitors

Company Last Change
Vasco Data Security Intl Inc $6.53 USD -0.03
VeriSign Inc $21.56 USD -0.32
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation INVC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.6x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

INVC

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No transactions in the last 6 months.

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