Secure Point Technologies Inc (fka IMSCQ)

[buffalop51]

The company has received financing from two sources. DMRJ has been around the longest and the other financier who fronted some 20 million less so. These two financiers were pretty much promised what investors were, TSA approvals and quals for Air Cargo opening up the 'floodgates of sales'. Didn't happen. Then the TSA approvals and quals for checkpoint screening yielding sales, "albeit a smaller market than air cargo". If checkpoint came second because Mr. Bolduc indicated air cargo was a 'much bigger market' than was checkpoint and we have paultry sales from the bigger market...

Why in god's name does anyone think that checkpoint is going to yeild sales given that it's the 'smaller market' and the 'bigger market' we've sold NEXT TO NUTT'N.

Do you think these two financiers don't get this picture? If you can't sell and you have no more approvals/quals to 'stall for time", they can pull the plug on this disaster pretty much at anytime. I just hope I'm out before that happens.

The clock is ticking alright......better hope there is one seat left when the music stops.