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Ziro pops up every 6 years, so i am sure he is part of the plan. Impressions of a plant visit.....what a joke.......if I was a long term investor in this and I had a chance to speak to jagoff, I certainly would not come back saying how great the plant looks.
What happens next for this stock is the question is one or some combination of:
R/S
Product tossed out of Waklgreens
Stock halted
Tossed off the pinks
Or possibly they get current by re-releasing audited financials
You are correct. They have no idea how to pump their own stock the right way. They screwed up the Walgreens announcement as well. If they had done that correctly the stock would have bounced nicely.
The only thing they have now are a bunch of inaccurate financials......they cant even do math right.
Ziro - if you are indeed just a naive duped investor like our friend the wolfer I am sorry for you. Identa continues to look every bit like a scam. Years and years of failed promises and false starts, coupled with huge increases in A/S and now with financials that literally could have been done by a 3rd grader.
This stocks sucks, the management sucks, the product sucks, the share structure sucks.........just my opinion of course.
Hey Zero - how could you as an investor in this company go visit the factory and not ask how business was or how sales were going or why they keep jacking up the A/S. You are either an insider and just pumping the company or the most uneducated investor anywhere.
I forgot my old password so I had to create a new alias.....was joe good.
Impression from a plant visits means nothing.
Zero....no one cares what is going on in the plant. People care what is going on with the company and they refuse to tell anyone what is going on and posted inaccurate financials that were audited by an unregistered CPA (so they are useless).
Great the plant looks fabulous and Jackoff and his stuff of employees are great people. This means absolutely nothing to investors.
I love this line:
I feel IMHO that in the very neer future , although I didn't told any thing concrete we will here a lot of information regarding Identa doings.
This perfectly sums up the last ten years of this company. It could have been written by Jackoff himself (and maybe it was).
A plant visit.
Hey Ziro did you get a chance to visit the plants in India and Russia?
He does not care what you think.......what a tool. Just a matter of weeks.
Just got this from OTC markets. looks like the CPA they use is not properly registered so they wont be getting uplisted anytime soon (plus the CPA can't add).
Thanks for the question. The OTC Pink Marketplace, where this company trades, does not require audited financials. Further, before “audited” financials qualify for the highest tier of that marketplace, we check to see that the firm that provided the audit letter is PCAOB registered. The firm in question, Hastar & Agam, C.P.A, does not appear to be PCOAB registered and in the company’s profile (on the screenshot below) we display the fact that the company’s financial are unaudited. We do review the financials to see that the company has posted the required financial statements. It is up to the company and the individuals who prepared the financials, however, to ensure that the line items are accurate and that the numbers add up. I might recommend contacting the company regarding the discrepancies you outlined. In the audit letter, the auditor claims that, “we conducted our audits in accordance with generally accepted auditing standards in Israel, including those prescribed by the Auditors' Regulations (Auditor's Mode of Performance)-1973.
Too funny.....yes in a matter of weeks we will hear more. Did they happen to mention why sales went down somthing like 30% from 2012 to 2013? Did they say why the math on their finanicals doesnt add up?
This post means absolutely zero, which is why the stock keeps getting killed.
Yes but they are publicly filed inaccurate audited financials. Someone should care.
Here is another mistake.....the list out their total SGA expenses in the appendix, they say this amounts to $584K. So it would appear looking at the detail in the back that total expenses were more like $720K which would make loss worse.
The $584 expense for SGA listed in the appendix does not match the amount listed on the income statement.
Wonder what the penalty is for issuing inaccurate financials?
Here is a straight out mistake on the financials.
What a great auditing firm. Take a look at 2013 revenue and expenses. Expenses add up to $330074, which is the exact amount of sales for the period, whch is odd. Also they add the expenses up and come to a number of $548453 even though two expense columns dont add up to that.
How can a company submit "audited" financials that are simply wrong?
Here is something fishy about the financials for the one posted year end 2012, they have the columns listed in this order 2011 and then 2012, for the one posted year end 2013 they reversed that and it goes 2013 then 2012. Why would they do this? Perhaps so that the person taking a quick look will think revenue actually increased. These guys will do anything.
Also note they posted the actual financials twice and neglected to include the management discussion of the financials. Think this is another one of their errors or an intentional mistake?
Boy the new sniffer must have been a complete bust. They projected sales of 1.25 million in 2013 from the sniffer and boy they did not come close. Also revenue declining from 2012 to 2013 is a bit troublesome, what with the product in Walgreens and the new sniffer.
Richie
I think that might be a bit delusional. Jackoff I believe is making a fine living for himself selling shares to the masses and folks like poor Mueller over on yahoo. He remains outside of the US law by maintaining residency in Israel. With so many much more blatant scams running around I don't think the SEC or Finra has the time/resources to look at Identa.
Years of lying and misleading press releases have amounted to nothing for investors. Years of jacking up the A/S by billions appears to have lead Jackoff into a nice business, not of selling detectors but of selling shares.
FYI, I used to go by Joe Good hear, but the board was so dead I forgot my login.
Any news lies posted by Jackoof lately? Or just the same old nothing.