Secure Point Technologies Inc (fka IMSCQ)

[ken_r]

Conspiracy theorist alert: Is our technology worth so little that there were no higher bids despite what McGann and , yes, Bulldock too, told us quarter after quarter. They can't be expected to knock their own company but didn't investors have a right to know if the technology was close or years away.
When it was always "next" quarter can it be true they never saw that it wasn't likely to happen that soon.
Are investors who believed we would be selling the new 150s in 2017 dreamers or were they sold a bill of goods.
If the 150s are that close why is LLL the only company who is interested. My guess is the 150s are still years away . That would explain why management couldn't get financing for another 50 or 100 million and it would explain why they decided to take their ball and go home.
What it doesn't explain is why they never let investors in on WHY it was soooo difficult to get better terms.