Identa Corp (IDTA)

[RichieBoy]

If your correct Woody

BUT, I really think that he was mortally wounded by shareholder name calling and hubris and is paying back,

then he is clearly in the wrong line of work. Any CEO is still obligated by his fiduciary duty to propel the stock for his shareholders despite any adversity. Personally I think he was making up excuses for the broken promises and his own inherent inefficencies of language and geographic limitation.

Compare the annual report to the latest development and you soon see where the rubber meets the road. Massive and relentless dilution, the business plan is flawed, pretty much self explanatory.