Identa Corp (IDTA)

[RichieBoy]

Reckon you are bang on the money JG
Crazy thing is I don't get any sense they are finished diluting yet. Looks like they are happy to drive it into the ground. This sniffer gizmo looks to be leading the dilution parade. Not a word yet on what this thing does but that's ok good for another billion shares.

Who will buy this top heavy also ran. Eight years and I'm not sure they weren't pulling in more money in 2003! I like the goodwill from Identa as much as anyone but the business plan is stale and unsuccessful to my mind. I may scoop a few in the 2's or 3's we'll see. Looks like it's where it's headed, completely unsustainable IMHO.