Secure Point Technologies Inc (fka IMSCQ)

[Buzzlityr]

rettacs- well a couple of jousting points;

- failing to lower borrowing costs actually CUTS into R-D

- allowing the SP to go "penniless" is very dangerous unless you absolutely know the future is better/brighter

- I think plenty of RISK left the stock when Morpho was embarrassed in denial of their protest of $162M IDIQ award to ISC.

- Roger is NOT the point man on R-D efforts, but he could be on a refi effort, so why not set that in motion NOW because it will have to be answered by Jan. 1st irregardless.

- I don't like DM in the dilution mode but agree that a deal is a deal and honoring the deal is vital...so the onus is on lazy mgt. to do something about it, in my view.

- The best I can make of things since the last CC-- DM is making less from their converts so they may convert more in the near term. But their other converts work at a much higher level ( above $1) so getting the 8 cents out of their hands is a good thing but a painful and very elongated thing.

- IP-- not sure how much more R-D they have to perform in that the K states the E will be ready to ship in Q4-16(fiscal), so to my mind, that has to be in cert. process right now.

- the stock will NOT attract new investors until DM is gone or out of 8 cent ammo, that is a harsh reality but the operational mode at this time...so say they open up and declare the "E" has gone into cert. ( competitors know this already), but DM is still selling 8 centers--- the move up will be invisible.

- the order of recovery: a. lower borrowing costs, b. payout overdue interest, c. TSA shipment news, d. new product story...we might get to $1.20 and actually see DM convert all their sub $1.20 opportunities and actually hold a share like it was NOT 5000 degrees hot.