Identa Corp (IDTA)

[chainma1l]

Whatever Identa can do to cause problems for shareholders is what they want to do. They are probably going to do another reverse split to eliminate more of the very few retail holders that still have some shares, then they'll go private. Now that they are making money, they don't want to have to share any of that money with the ones who financed the company for over a decade to get them to this spot.
Of course, their miniscule revenues last quarter were not impressive--especially after they had been touting all of the progress and sales that were coming. What else is new? They have been spewing the same garbage for years.
It'll be interesting to see if they are profitable again next month. Although, if they are private, they won't have to bother to tell anybody.