[Jack_Aster]

This is a thinly traded stock, but I like it for the dividend potential and volume could increase as sales increase. Due to sales increasing and the US/CDN exchange, I believe this will be the least expensive yearly dividend paying stock on the market. In prior years, IPD paid dividends with the exception of 2014 due to the Russian sanctions and loss of sales in the Ukraine. Today, IPD has 19 products in 61 countries through it's subsidiary (Lenspen)

IPD Q3 Results Ending April 30th 2015

Price: $0.10c
Common Shares: 15,617,670
Insider Holdings: 8.64 million (45%)

Website:

ASSETS
Cash: $96,614
Accounts Receivable: $230,970
Inventory: $215,954
Prepaid Expenses: $13,864
Short Term Investments: $263,168
Property & Equipment: $570,452
Licensing Rights: $108,817
Total Assets: $1,499,839 (Down from $1,884,071 last quarter)

LIABILITIES
Accounts Payables: $228,024
Customer Deposits: $22,594
Total Liabilities: $250,618 (Down from $369,138 last quarter)

9 Month Sales Revenue: $3,068,004
Gross Profit: $1,280,260
Net Earnings: $107,494

IPD MD&A Highlights

Parkside Optical manufactures and distributes to wholesale distributors the following optical lens cleaning devices: LensPen, PEEPS, DigiKlear, Mini-Pro, Mini-Pro II, MicroPro, CellKlear, MobileKlear, FilterKlear, Vidimax, Laptop Pro, Panamatic, SensorKlear, SensorKlear Loupe, SmartKlear, ScreenKlean, screen cleaning kits, HunterPro Kits, Photo Kits, RangeKlear, DSLR Pro kits, and Microfiber cloth. Since the first shipment of LensPen in August 1993, the Company has expanded sales of these products to over 80 distributors in over 85 countries, and is continuously seeking to add new distributors and items to its range of cleaning devices.

The Company experienced a decrease in revenue - $3,068,004 during the period ($3,636,258 for 2014). This translates into a revenue decrease of $568,254. The Company sells its products globally in U.S. dollars but reports in Canadian dollars, causing distortions in period to period comparisons.

During the period Asian customers were hit by a decline in the SLR camera market, as were customers in Russia and Ukraine. Additionally, disruptions due to war, economic problems and currency decline against the USD have negatively impacted Russian and Ukrainian customers