Identa Corp (IDTA)

[RichieBoy]

The part that bothered me the most:

Identa was very vague about this new CEO. It was like, he is a buddy that's all investors need know, so we will forego any info on the new CEO.

Of course to give this mega diluted stock a fighting chance they needed to go into detail why they thought he was the right man for the job.

All investors are getting is more smoke and mirrors. This should NOT be a secret. To gain investor confidence transparency is paramount. Clearly new CEO or not Identa is resorting to its old nefarious ways. Nothing new same old obscure information, just a bigger pile. More shares , less meaningful news all the time . Except this new CEO will deflect for the outgoing CEO.

So in short the outgoing CEO who told the public nothing worthy of serious investment or financial significance is giving that job to his new fall guy who we really know nothing much about. Strongly suggesting whatever new management are up too it doesn't matter anyway because it is not worth there time or inclination to tell investors ANYTHING.

About what I predicted years ago and still they keep flooding the market with shares. Wow 13.5 billion shares for 13 years on the pinks. A model of consistent failures and no end in sight. Run in the opposite direction at high speed papadedavid this is simply the same old scamarama in a new costume. MHO YMMV but I doubt it.

New company , REAL new management and a business plan that isn't yet another confusing fairy tale please. Disband IDENTA from the pink sheets. Bring something to the table worth buying. After 13 years getting pretty tired of quarterback sneaks.