Secure Point Technologies Inc (fka IMSCQ)

[nynewbie]

I haven't read the zapata thread but the IMSC Q&A sounds like smoke and mirrors.

I read last month about the Platinum Partners FBI investigation etc. and their plans to close down their funds. So Mark Nordlicht wants his money back = sell EDT in a hurry. Why else would it make sense? With their current growth curve EDT is an appreciating asset.

They probably have an EDT sale pending but with the Zapata deal senior management gets to keep their jobs and the investors have something to talk about other than that IMSC got sold and the commons got roasted.

As weird as the deal sounds it might have been the best path although new management following the deal would make me more comfortable.