Secure Point Technologies Inc (fka IMSCQ)

[Buzzlityr]

TED-

GB was ousted for A reason, which we do NOT know.

BM has chosen "R-D" over Refi, which we do know.

DM continues to convert their 8 cent converts and sell qtr. to qtr. at 80 cents, at 70 cents, at 60 cents at 50 cents and in the 40 cent ranges. According to you, they are missing out on a gold mine, a potential of reaping 1.40 or more per share. Yet they don't do that. And they won't do that. I think YOU know that.

But why would they miss the pay-day you point to Ted...? Surely they are out to make the most off their convertible loans? You would, I would, anyone would. I have no problem with that as it is a deal ISC made to survive. The problem I have is ISC choosing to let it continue.

I admit, I have NO evidence of DM's hand at work in ISC corp. affairs but where there is smoke there is combustion. Why in the world would the BOD oust the GM that took them from the gallows to the grandeur that was within sight?

My only conclusion: GB was suddenly a threat the Chinese River and was removed. But hey, you are free to guess also as THAT is all we can do.

But one thing you can't guess about, 33M shares dumped in the last 3 fiscal years that could have been held for greater profit, but weren't. Dumped without a second thought. I would guess that DM is gnashing their teeth over NOT being able to convert more when the SP was over $1.25...to reap the profit you speak of..

I think we shareholders who see NOT much good coming from DM remaining in the stock are NOT with you. Its a small stock, not a lot of room to bleed it dry and attract new investment...so the only way to make a decent profit on owning the stock is a with a buy out. A sure signal of THAT would be an end to the Chinese River...so we, the worried long term shareholders will watch that.

And you can watch DM convert a pittance of interest Q2Q to more shares, scaring more people away from the stock, including but not limited to current mgt. and motivating long term holders into selling along with pesky short penny flippers.
This stock is one ugly train wreck Ted and there are real reasons why things happen the way they do.