Buffalo If I may interject. I believe ceo bolduc was directed by tsa to qualify for cargo certification first as it had a near term expiration approaching for etd. And it also had the latest specification for etd.
A salient problem that you have to consider: tsa never disclosed a specification for passenger etd use. Tsa lead IMSC down this path. And you cannot ignore the regulatory agency especially when they said: we won't buy anything from you till sept. of 2014, which tsa also missed.
So any ceo would say: go after what is known and where we have the most opportunity that is closest at hand.
In my opinion, the ceo did the right thing. Sure, it hasn't turned out to generate the sales everyone expected but knowing what was available then, he did the right thing.
Think about this: how angry would you have been IF the ceo had targeted passenger while ignoring cargo and cargo was the niche where IMSC product could have been sold.
I think you have to be reasonable with what has transpired. And truthfully, the only reason the stock has not appreciated is because of dmrj's on-going converts. That is the issue that needs to be cleared to allow for rapid growth in the S/P.
Best of Luck to ALL IMSC LONGS!
