Secure Point Technologies Inc (fka IMSCQ)

[pumper_stumper]

" the sale of the ETD business through the shareholder voting process, which requires shareholder approval on the transaction."

Well the company sure found a way to bypass that, eh? Yep, that's what pinks do. Shareholders won't get their say, as MANAGEMENT will rip whatever rights they want from shareholders hands. They find a way, every time! And just understand, while the company made this statement, very likely the plans for bankruptcy filing were in the works at the same time! lol In other words, IMSC shareholders beleived the IMSC pink sheet bull, and now are paying the price for thinking that they would actually get to vote on the sale! I should rephrase that, the $600 million sale!

And the shareholders reaction to that right being pulled from them appears to be "no big deal, let's back the same management and go through the same thing with zapata". That saying about fool me twice doesn't apply to the pinks sheets. There will be a LOT more misleading by the company, so everyone should be prepared to give them another dozen or so passes. No biggie!

What do I mean? How about the new handheld which was said to be coming out this month, that's what they told you, right ki2002rom? (see here http://investorshub.advfn.com/boards/read_msg.aspx?message_id=125463485 ) So it will be out Monday then? If not, just slide it under the IMSCQ pink sheet rug, right? This is why I love the pinks! Deja vu all over again, dozens of times, and many more to come!