Identa Corp (IDTA)

[Wooden Indian]

Here's my take on Q2.

I've wondered why security around the Identa building seems to be UP? I've not been in, BUT....one can speculate. Hmmmm. I do drive over there every now and then. In my imagination I've thought of trying to pose as a new VP or something and chuzpah my way in.

Anyway. Here's my take.

I don't think all the world wide interest in Identa has been BS. I think it really exists. And I think there has been a huge uptick in sales that we will now know about. There will be an announcement of a share buyback AND the serious possibility of a new listing. With a PPS at rising to 5 bucks a share (finally) there is no telling where this company will find itself. Shareholders are splurging and Richie has started a foundation for disemboweled CEOs with his new found fortune. Pamo is in Alaska panning for gold on his own claim. Midastouch has invested in Dubai bobsled team. Johnnyvits is still shaking his head in disbelief bathing in greenback Franklins. Woody retires on lake wobegone.

Oh, and Yaacov has invited all shareholders of record (date to be announced) to a party in Tel Aviv which will certainly bring the International community together for a night to remember. No hard feelings. (Tel Aviv is one of the party capitols of the world). He will announce a dividend that makes every news outlet headline world wide (with pictures that the National Enquirer has exclusive to).

My true down to earth assessment. I think Q2 will sport a different look for Identa entirely. I don't think we will recognize it at all. Fasten seatbelts.

Woody, wobegone already, but not retired.