Identa Corp (IDTA)

[RichieBoy]

The very of you nerve vits

A QUESTION! Silence sir enough insolence. GUARDS drug this individual immediately he might learn something!

"Let's assume" aye yaye YAYE! creeping me out already I think your answer best I can reply is no the number of shares does not change just ownership. Frankly I don't think Yaacov has enough liquidity to buyback all these shares so the more likely scenario I know of is the private investors have agreed to buy these shares AT AN AGREED TO PRICE over such and such a time period. I think that period is coming to a close because there is indication SOME transparency will be made on financials come beginning of Q2 (remember this was in a PR) Additionally patents seem to be getting renewed or awarded at a quickening frequency. The GSA application is a "matter of weeks" so DHS and other industries will soon be able award contracts to IDTA it could not previously qualify for. There is rumblings Bomb Detector R&D is moving forward and of course AccuTest appears to be adding to increased sales and government exposure.

It's all coming to a head John near as I can see though I don't know of any requirement for Identa to retire these shares it looks to me like they will be restricted shares now instead of common which could take a lot of the downward pressure off the PPS. All indications point toward some sort of formal deal making this quarter IMO. Once closed and out of the way then it's prudent for Yaacov to disclose some financial info knowing there won't be any major upheaval in the share structure.

HTH vits? JMVHO so rip 'er to shreds bud

Cheers... Rich