Secure Point Technologies Inc (fka IMSCQ)

[Buzzlityr]

Z- yes and THAT silence/sideline position is part of the problem-- the market doesn't know the company is for sale and if it did, it is guessing far below Noble's valuation...so are you saying that Noble's valuation is where the price negotiation is at?

The problem we have is the perception that " they are on the road to BK or foreclosure by DM".

Sure, a SP always stays far below the take out price and then magically pops on the news, but applying the 40% premium rule to say 100 cents barely puts us in the Noble range.

But what could be at play is competitive forces spiking the SP to make the deal a really tough discussion. OR- nobody has faith in this mgt. team to close a decent deal.