Secure Point Technologies Inc (fka IMSCQ)

[KnightlyCruiser]

Ted I read all of your posts. I would like to postulate as an example- lets for the sake of dialog that; Imsc has two or three devices in the ETD space, $20 shareptice and fifty million cash on hand. A big fish wants the tech. Are they a) a buyer or b) partnership? Instead we have a company that has only 1qtr with positive cash flow. That was last qtr the coming earnings call will show us as cash positive again. Unfortunately the cash flow is inadequate to pay down the principle. In what I understand your position to be a big fish comes along side imsc and like an older brother or a rich uncle hands out 50 some million dollars- you suggest stock. The share price is already under tremendous pressure from whoever it is that has been dumping shares. They seem to have it dried up currently though making payments in stock makes no sense to me. Continued dilution and more hand wringing.
Maybe if the handheld pops out and margins are reasonable we get out of this mess but I can not see any company that has a competent financial team saying, " hey you are a good upcoming etd company. You have great tech and we want to use your product with our portal. Here is enough money to pay off that pesky little debt that is hauling you down. Most in finance love a good deal that is buy low (now) sell high (immediately incorporate it into our existing platform.I I can't see a partnership for imsc. The only alternative to a buyout that I can see as doable would be the sale of the imsc B220 platform to a big fish and the company stays solvent continuing to develop other products. Even that is problematic though it is an alternative that I do not think has been addressed. Still if L3 is indeed interested they will just purchase the entire plant and keep the current team developing new smarter tech. AIMHO of course