Secure Point Technologies Inc (fka IMSCQ)

[zeynoc]

If you read the notes you will understand, it is never on balance sheet. These will affect the fully outstanding diluted share count, DMRJ has converted the interest of these over the years not the principal. None of these are this management's gift to this company and as they clearly said they are considering several options for a recap. It is not easy to do a recap as some claim in here with this much debt and stringent conditions of DMRJ both as a lender and a hidden majority shareholder through converts. They need Sales, they need more sales and a projection set which the new entrant either equity or debt will buy. Therefore, this quarter and next will be milestones for them and will open up the options as they show abnormal sales growth and even break even profitability.