Secure Point Technologies Inc (fka IMSCQ)

[tcm7]

My real question is why the drop in revs with the TSA/CATSA delivery orders. Aren't they producing these?

1170 B220 deliveries? CATSA? New TSA contract 1353 B220? = YOY -54% in B 220s? EU was only around 800 B220s, yet (?), with these large orders a large rev drop? YOY -54%


$27MM loss as conversions, yet those deals did not happen for US. All efforts appear to be trying to convince us that debts / CIC are the only pertinent issues? I don't respect their apparent lack of effort for shareholders and questionable priorities and deliveries/production failures. Why aren't the CATSA and TSA deliveries accomplished?

Sure burn all that money on lawyers, IMO. Management has spent all their efforts on ensuring their futures. Little discussions about debt settlements/past attempts of refinancing and minimal about production and delivery successes. Is it all competitor efforts at delays and low bids that forced us here? I doubt it, IMHFO... Incompetence and selfish greed, missed deadlines/lost contracts? Endless unpaid bills?