Identa Corp (IDTA)

[demmo47]

Want to know why Shoham's pr's are so vague and fluffy? And why is it that "rumored" material news generally gets released via email to certain individuals? Something for your perusal on another stock:

A July 29, 2011 press release stated that Optimedical had placed their third order with SurgLine and that "Optimedical is currently at a seven figure annual run rate with SurgLine and we expect the relationship to grow substantially as we continue to convert more of our customers." This alleged "seven figure annual run rate" is not mentioned in the 10-K or 10-Q and does not accord with SurgLine's total sales from March 16, 2011 (inception) to October 31, 2011 of $75,272. The July 29, 2011 press release is clearly a fraud and shareholders that purchased stock based on this press release and have suffered a loss may be entitled to both punitive and compensatory damages. No matter the monetary size of the loss, if the loss occurred because of this press release, you should contact your attorney immediately. If you don’t have an attorney, please contact us at [e-mail] and we attempt to assist you.

However, if you bought IDTA shares after the "Caveat Emptor" status was declared, damages may not be possible. "Hey, we warned you not to buy this junk. So sorry."