Secure Point Technologies Inc (fka IMSCQ)

[LeGoose]

Let me know if I'm understanding this correct:

-During the press conference they announced they would have $19mm in revs for this fiscal year ending June 30th, 2010

-From their press conference this week, they announced $6mm in revenues from Govy of India to be delivered this fiscal year

-From their last quarter's 10Q, they had $1.82mm in revs for the quarter ending Sept, 2009

-From their 1/5/2010 PR, they received an order from China for $400K

-From their 8/13/2009 PR, they received an order from China for $1.2mm


Basically, they're telling us they anticipate $9.6 additional revenues between now and June 30th, 2010 ($19mm - $6mm - $1.82mm - $1.2mm - $400k)

DMRJ was more than willing to restructure their financing, as well as increasing the cap from $3mm to $5mm. One would have to assume they have insights into the current behind the scenes prospects of IMSC business.