Secure Point Technologies Inc (fka IMSCQ)

[Buzzlityr]

TED- I agree that allowing DM to reprice their 1.18 options lower is a good compromise IF they are going to pay DM out via part of an equity buy in by partner.

The market would respond very well to any indication that DM is moving OUT and a lower convert price for those options helps to do that...IF...they have enough to pay them out on all their other loans.

That is a good way to begin to gain some of the glory due to ISC for all they have accomplished. As it is now, the more they accomplish, the more they are punished via SP disdain.

In terms of deadlines...well its rare to go to the wire on a simple refi so I think you can assume that there are plenty of moving parts making 3-31 a kluge-like event.

I think Buffalo hit the solution on the head, a stock for stock event is easy and painless for the buyer and offers nice upside for we the lowest of the low, ISC Loyal Longs.