Identa Corp (IDTA)

[RichieBoy]

Allow me to put this in some perspective...

Roughly five years ago the same bullish announcement came from the IDTA nerve center, this time it was somewhere in New York same PR almost only in New York. Then we finally found out it wasn't a manufacturing plant at all, it was only a storage facility. The kits were simply being shipped to a warehouse so they had enough stockpiled for the huge sales Identa was anticipating. Where is that plant today?

That was the last I heard of any good coming from our new plant-come warehouse. Already YS has recanted this new plant is not a manufacturing plant, this time again it is only an assembly area... maybe! It is now over two weeks since this worldwide launch PR with all the promise of promotion TV household name merchandisers etc. etc. and still no apparent progress. Does anyone recall the CVS launch a few years ago? However we are told to hang in there and if we get lucky we will hear some projections on the number of units Identa expects to sell. Good GOD get real if they were launching worldwide they already have "projections" from there consultants or they would be certified lunatics for even trying.

Let me ask you something... for a worldwide launch: TV, Internet, famous merchandisers carrying the new product worldwide, the whole nine yards. Does the whole universal detector launch not have this tenuously tentative tone to it. Why must IDTA promotions always be so Fisher-Price farcical, it is so unprofessional who really believes the company is being genuine in there fiduciary duty here?

I agree Ernie the "manufacturing plant" project has that additional billion or two, ring in my ear also. To see more shares issued would not surprise me anymore. What would surprise me is if this launch has any positive effect on the share price whatsoever. For reasons explained above, I truthfully do not believe that is even management's intention with this universal detector's worldwide launch.

DON'T bet the farm, pinkie promotions have a way of putting you in the poorhouse very promptly. Buy only what you can afford to lose, and even then be sensible. This style of launch has a hauntingly familiar approach to it and it's a major reason why I want a new CEO who can promote properly. Who knows maybe YS snagged Billy Maays for the TV launch, just don't hold your breathe and above all don't get greedy. The track record says so, the current circumstances indicate it and I am living proof Identa promotions are not always what they seem.

MHO don't you know Ernie, best of luck anyhow old buddy.

Cheers, Rich.