Zey and Buffalo both of you are on point, in my view. And both express concerns and fair desires of worn out long shareholders. Points well taken.
Z you are on target, the giant multinationals will spend a few million to injure-limit-douse the competition of an 80M debt ridden small US company. Their spend takes share price value out of the company on the otc everyday. Huge issue for all of us longs. How do we deal with that? Well one way would be, do what THEY want to do, which is buy IMSC shares for a "dime", Friday's price, $1.18. That does NOT serve these giants purpose. So that is one idea.
Buffalo indeed also to the frustration level felt by all longs, myself included. Would anyone offer this company $2.50 to $3 a share plus assumption of debt? I don't think so but you made the point best; IMSC has one product on the tsa's qpl list and same product on the approved cargo list. That stunts the potential for a close at hand buy out, in my opinion.
As we look down the road and try to assess the size-shape-direction of risk for our investments, the largest looming risk is the giant multi-nationals stop IMSC progress, make debt reduction much more costly and fatigue long term shareholders setting the table for a cheap, undervalued bid on IMSC.
Please consider, the amount of risk we faced over the past two years has been removed. That risk was dwindling, spotty sales make debt payment too costly and bring our corp. life to a halt. That risk is gone thanks in great part to a large, eye opening idiq with the tsa.
But once again, Morpho's actions are the twitches of a giant about to be left behind in the etd sector. Sure Morpho has new products for etd but those same products have to move thru the certification process like IMSC's B-220 did.
I think its clear: IMSC will replace every current tsa etd unit in the USA and capture an outsized shares around the world during tsa replacement cycle. The giants cannot stop that advancement but they hope to make it cost IMSC more and thus divide mgt. from shareholders. I think this is fairly evident.
I think a resolution pivot is coming if the ceo can resolve debt ( lower the cost) by at least 50%.
I understand shareholder fatigue as I have a good bit of it myself. I think the fair question to ask is which IMSC is worth more: today's IMSC with some 70-80M in debt and one tsa product or tomorrow's IMSC with 35-40M in debt, two tsa products and a nasd listing?
I would will take $5 or more per share and I would NOT be satisfyied with anything under $3 per share, but those are my targets so thus you get my long winded answers which I do enjoy discussing with you both and other interested IMSC longs!
Best of Luck to ALL IMSC LONGS!
