IDTY $5,000,000 financing via shares at .13. Currently .19 x .215. Watching for a dip
keep your eye on IDTY. I know there's a ton of shares outstanding but the people in charge are reputable (CEO of IDTY was ceo of PLPM, ) and their new products, imo, have a lot of potential. They took care of all their convertible debt via conversion to common but are still in need of cash. They'll get it I think via a stock offering at a discount, maybe as low as .10. If that happens and it gets punished below .10 I'll buy and hold. Shareholders also voted for a reverse split at some point. I might buy some if it tanks on that news too. Neither company has toxic financing.
My posts are my opinion. Do not be influenced by anything you read on any message board website unless you can confirm it.
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