Secure Point Technologies Inc (fka IMSCQ)

[Buzzlityr]

meima--- give mgt. a chance to get the boat out of the harbor. THEY said they are working on it. Talking with DM is smart and a responsible fall back OPTION.

And they presented sort of an attractive LEVER-- what is NEXT in an $1.5B market:

- non-contact ETD in a hand held configuration

- non-contact ETD in a conveyor enabled INLINE configuration

Both are compelling prospects of significant interest and value to gov. buyers of ETD technology. This drives the AIT makers toward ISC.

We'll know by St. Pats which way the company proceeded. I believe that DM would welcome an equity position by an AIT maker that would remove interest and pay down some principal...DM will still retain a slice of the first loan that converts at 8 cents BUT it would be much lower than the current $5M that converts at 8 cents.

IMO, this is a turning point so its worth waiting for.