Secure Point Technologies Inc (fka IMSCQ)

[int10a]

All good points and it would be good to have an explanation as to the low revenues since the company had been touting continuing revenue growth.

I found this on page 9 of the 10-Q and it was not about the new TSA IDIQ as I had thought:

"On October 16, 2014, the U.S. Department of Homeland Security (“DHS”) selected our proposal to develop next generation explosives trace detection screening systems for funding. We entered into a cost-plus fixed-fee contract with the DHS on August 24, 2016. The contract consists of a definitive task and an optional task, each valued at approximately $1.1 million. The total performance period will be twenty-four months, provided the optional task is exercised. The project commenced in the first quarter of fiscal 2017."

So I was wrong in thinking I had read something in there about the new TSA IDIQ.