Identa Corp (IDTA)

[Wooden Indian]

Hi, Johnnyvits and all longs. Good morning from
Jerusalem (J-town).
I just want to say that it is hard to wake up day after day and see our PPS down to a tenth of a cent.
I also want to be on record as saying that I believe in this product and Yaacov's hard work and the potential that will eventually raise the PPS above expectations. That said, I just want longs to look at the opportunity presented at this low PPS. Does it take courage to buy here? Yes, it does. And maybe stupidity (I have to acknowledge that this might be a black hole investment). But at this level a very small nudge up can mean a very sizeable profit for longs. And if Identa realizes it's goal of becoming a world leader in its field then we stand to realize a sizeable move in PPS.
Look, with a new baby I don't have money to throw away. But the risk/reward here seems a bit too tantalizing for me to resist. I have bought a nice position down here and will hold. I'm not trying to cajole anyone to follow suit but only stating my own position and belief.
All that said, I would love to see financials. At least I know the factory is working and the product is getting out. And I know a lot of companies that have built fortunes on nothing but dreams, no product. I've owned some of them. Here we have product and a very hard working CEO.
JMVHO.
Woody.