Identa Corp (IDTA)

[mike1991]

urka,
Most of my postings were initially on RB. I tried to organize a shareholder meeting in NYC about 3 years ago and only two shareholders showed up. I have kept in contact with Yaacov since then and usually see him when he comes to the US. I don't feel it's OK for me to reveal the s/p, that would be for Yaacov if he so desires because it's a private transaction and not really a buyback.
According to the 2-11, the Alliance buyout should be finalized in February.
Yaacov is only interested in promoting the products and realizes the s/p will take care of itself in due time.
He works 16-18 hours a day and travels all over the world to market the products himself and doesn't take a salary and says he will not until the company achieves it's goals.
Yes, I'm still buying and hope to hear of large contracts soon. But the competition is very difficult because they are the established ones.