Identa Corp (IDTA)

[chainma1l]

Looks like they are still making progress. Still not much over $1 million/yr run rate. I have no idea why they stay public at this point. Based on the company's statements, most of the shares are owned by insiders or close associates. It would take very little money to buy up the actual public float. The stock has no traction and is not liquid. I believe the company's history is directly responsible for this. If their product is as amazing as they say, their sales and marketing are completely ineffectual, bordering on incompetent.