Identa Corp (IDTA)

[RichieBoy]

The central problem is CREDIBILITY

As proven over and over and over this management doesn't find that huge handicap an issue. Here is the conundrum the more investors call for credibility the less transparent management becomes.

That to me is a very BAD omen. Whatever they are hiding they are not prepared to walk the talk. They would rather leave investors in a cloud of controversy something the market shuns like the plague. The quirky thing is we have known for years that revenue must be very weak that was factored in. What wasn't taken into account is that Identa could not rectify CE status. All that does is create a bigger question of credibility and as evidenced management is not about to change there quirky ways.

The ONLY plausible solution I can see given the circumstances, is replace this story telling management with a viable business plan and achievers at the helm. If not then the dog chasing it's tail syndrome will continue to plague Identa, no doubt in my mind.