Company Description: Imperial Industries, Inc., through its subsidiaries, engages in the manufacture and distribution of building materials to building materials dealers and others located primarily in Florida, Mississippi, Georgia, Alabama, and to a lesser extent, other states in the southeastern part of the United States, as well as foreign countries. The company’s subsidiaries, Premix-Marbletite Manufacturing Co. and Acrocrete, Inc., manufactures and distributes stucco, plaster, roof tile mortar, and swimming pool finishes to building materials dealers, contractors, and others. These products are used in the construction or renovation of residential, multifamily and commercial buildings, and swimming pools. Just-Rite Supply, Inc., another subsidiary, distributes the company’s manufactured products, as well as gypsum, roofing, insulation, and masonry products manufactured by other companies. It offers its products through distributors and company-owned distribution facilities. Imperial Industries was founded in 1937 and is based in Pompano Beach, Florida.
|An SI Board Since November 2005|
Shares outstanding: 2,452,826 as of August 1, 2005
Reverse Spilt Info: The company did a 1 for 4 reverse split after the close on March 18, 2005 to get the share price high enough for a NASDAQ listing. The stock closed at 1.65/6.60 (pre-split/split) that day. The following Monday after the split it closed at 6.40. IPII began trading as a NASDAQ Small Cap Market stock on May 2,2005 and closed at 8.50 that day.