Identa Corp (IDTA)

[Wooden Indian]

Richie,

I still think there are two possible directions for Yaacov, given his current lack of public address. Either he wants to sell the company, which makes keeping financials secret a very good strategy, or, he doesn't want the competition privy to IDTA's sales figures. Forget about us, the shareholders, what is Yaacov thinking? We have to guess here. There is no information from anyone that would suggest either scenario. So, this is pure postulation but plausible at this point. I am being positive in a very negative environment here. I think we can assume for all intents and purposes that Yaacov is out for himself alone. With that in mind, I think the two scenarios are the most plausible. Sell the company and we all can reap a small benefit. Grow the company and we enjoy huge benefits. Think, 'If I were Yaacov, what would I do?' I've never ran a company like this so I can only postulate. I think I would sell in this environment. I think I would send signals to all competition that I'm interested and they would want to look at financials and deals and make an offer. I think this is plausible. What would this mean for shareholders? 20% above spot? I don't know? I think, on the other hand, we have a fantastic product that is sizzling markets around the world, so why would Yaacov sell? Remember, it's not about us, it's not in our interest he makes deals. So, I think he's seriously wanting to build and sell this company when the time is right.
Just an opinion.
The Woodster.