Secure Point Technologies Inc (fka IMSCQ)

[Nowak488]

It's almost as if the TSA didn't have to approve this one...

This would have been disappointing a couple of months ago, but it makes sense from where we stand today. Right after the initial order from the TSA we had a chance to get a better deal from someone else, but that would have required significant additional sales.

If you were a creditor, would you lend a company with $50M+ in debt money? I would, but only if they showed they were able to pay it back or if they gave me great warrants coverage.

I'm not even sure we generated a dollar of revenue in the January quarter...