Identa Corp (IDTA)

[RichieBoy]

Restructuring is not an option , rather a prerequisite.

The ballooned O/S, the empty hyperbole from management,the crippled share price all stem from a ridiculously high number of shares in circulation, and a management who if they have a solution won't dare share it with affected investors.

Mike I have greatly appreciated your support and patience for this company over the years but I'm calling your bluff on this. Yaacov can't keep us in the dark forever nor should he, it's time something was done to repair the damage done. Restructuring is the only logical solution, sure daytraders can scratch out a few pennies no harm done, but what about longs upside down in this because of broken promises and rudderless, ineffective management?

IMHO it's high time immediate corrective steps were taken to reward those who have stood behind this CEO for years on end, whatever it takes.

Take care, Rich.