Secure Point Technologies Inc (fka IMSCQ)

[int10a]

Of course that was back in July... Now that they've won the TSA contract the value of the company has increased since then. So while that statement may have been made regarding bids they received at that time, certainly the value of any bids has increased. One hopes they meant the sale would cover that $35 million plus the debt with a lot left to spare, but it is unclear. I am hoping those on here who say it should be worth at least $200 million after the TSA order are correct.

As to the restructuring/reverse split, those warrants at $1.50 a share would hopefully be with no split, or else adjusted to account for any split. So my hope is they expect it to get to $1.50 a share without a split in fairly short order for those warrants to be worth anything.