Zey- I also believe that ceo bolduc was hesitant to speak about debt resolution plans. Its not a favored topic when you drill into what the details are. So, until he has lined up other financing, I expect silence regarding that.
I did take a minor offense over discussion of the share price. Of course we shareholders want a higher share price as should all of mgt. So to say something to the effect, "...if the share price is 10 you would asking for 12..." which would discount the shareholders who paid 13. Not a worthwhile exchange of dialogue, in my opinion.
We need true alignment between shareholders and mgt. in order to keep the stock from turning into a flipping tool. Which it seems to be right now, which if true, then that will be the story until debt is resolved.
I think even dmrj would agree that 15% interest converting to shares at an 8 cent price will kill the stock price and work as a "do not enter" sign for new potential investors. That is the anchor attached to our raft.
Meanwhile, on the positive side; more and more people are finding out about IMSC as it is still early in the diligence cycle post-IDIQ news and first sale lot news. Many people even here are working under the thin assumption that tsa=100% of sales. Not true. I like to think of them as somewhere from 60% to 75% of sales. Sure, the forecast was for 20M rev. by 6-30-15. This was the conservative estimate, so if it comes in higher, the surprise will be a positive one. The eruo composite order, if placed thru a buying cooperative agreement has significant potential.
Cargo is sort of closed until Smiths-Morpho units loose certification which happens in 2016. Before then, I expect IMSC's next big breakthrough to immediately find its way into the back room. Swabbing massive amounts of packages all day long will either wear out staff or cause them to be very sloppy which creates a dangerous opening for terror cabal.
Best of Better Luck to ALL IMSC LONGS!
