Secure Point Technologies Inc (fka IMSCQ)

[tedpeele]

Options:

1. No deal is done. Which of the following is best explained by silence beyond June 30 and to the present?:

a. No interested parties remain
b. One interested party remains but something is keeping it from being finalized (price haggling, TSA-govt, Platinum, lawyers)
c. A bidding war is in process

It seems to me (a) is the least likely explanation for silence. Surely PP has had time to do an extension if no deals were made. What in (b) would keep both parties from signing off in principle on the basic terms?


2. A deal is done

If a deal is done, is there a good explanation for silence at this point? Why would ISC NOT be allowed to announce that a deal is done?