Identa Corp (IDTA)

[chainma1l]

Board has remained intact since October filing. Still a little early, but it appears the AS did not increase in 2016 which is notable for IDTA. I would still expect a minimum of 100:1 RS at some point in the relatively near future. I think 1000:1 is more likely, though. It'll depend on a few factors, but unless their revenues improve, the RS will probably be a higher ratio.
I read somewhere that a police officer somewhere in the US used a mobile drug testing kit to test donut glaze that he thought was meth. Tested 3 times, two came back positive and one was inconclusive or negative. The officer did not perform the test correctly. I don't believe it was an Identa test kit, so they could probably jump all over that since their kits are supposedly very easy to use. I don't expect IDTA to increase revenues. I think their one quarter of profitability was the highlight of the company's existence.
16 BILLION shares authorized. 13,857,625,000 OS as of last report.
New CEO doesn't seem to be in any hurry.