Secure Point Technologies Inc (fka IMSCQ)

[tedpeele]

For every story like that there are probably about 50 total disasters where the stock collapsed and never or only partially recovered. Good for you but it's a meaningless story.

You are relentlessly trying to raise hopes around here with little real evidence to support your speculations.

I admit to going from positive to neutral here, but it isn't based on the stock price drop. It's based on the IMO bad 2nd quarter report along with prospects for that to be repeated for 2 more quarters -- while the TSA appears to have done nothing to deploy units - making the prospect for an absolutely horrible 3rd (current) quarter very real.

In other words my sentiment change is based on reality and facts.

I hope you do well here, but I will still to the facts as we know them.

Its with some bitterness/frustration - even sadness that I write this because for so long I believed it only makes sense to have a core here because I saw this as having the potential to be very profitable in the coming years. That's what has changed for me. I just don't see the road to profits anymore, and it's based on facing what I see as the reality of the actual marketplace for bomb-sniffing products. Sadly, there seems to be little real demand other than that which is forced upon them by governments - which we have learned/seen takes forever for even our own government.

I mean by all accounts we should be in the promised land right now, today: We dominate ECAC, and we won TSA delivery but IMO the problem is it didn't help the debt situation (the amount hasn't shrunk) and its not clear that it will at all, even if all 1170 units are delivered to the TSA. I mean what are 2017 revenues going to be and why, and what will be the earnings? Big questions with IMO very unclear answers at this point.

The future market still CAN do well but a LOT has to happen and at just the right times and with large enough margins.