Secure Point Technologies Inc (fka IMSCQ)

[Buzzlityr]

RCA-payday loan program--two ways to look at this;

- POSITIVE LOOK- It protects the company from having to go to DM-BAM, IF they have other "irons in the fire" that may take a bit longer to get "hot" as small gov. purchases from say State-DOD-ATF-Fed. Prisons solicit drug detection/ETD equipment from ISC. It would be considered smart-prudent and a positive for shareholders and company and a neutral event for DM

- NEUTRAL LOOK- if this is all they have planned, then I would say we are staring at a steep slope downward as MORE OF THE SAME continues.

I think the positive look is much more likely considering: TSA's grant to ISC, announced for Dec.'15 has NOT been PR'd ( not likely to be PR'd) but the timing foretells at least 8 months to cert. start.

I think it shows the company knows the SP is a vulnerable point of attack that competitors are pounding on and something/anything had to be done and is in progress at worst and likely to be item #1 of more at best.

Montel would approve!