Identa Corp (IDTA)

[RichieBoy]

Hey Mike that's interesting, say I was wondering

Ever notice how Identa will rarely report sales numbers in the same value? Sometimes it's number of kits, then it's number of US dollars, then again it might be Israeli shekels. Odd that, never a straight forward comparison.

The other thing I noticed was Australia had an order in last October if memory serves. If you remember Australia was Identa's first international customer some 8 years ago. Now I'm not sure but I think the Aussie order last October was for 2000 initial test kits but after 6 months we still don't hear of any final tally.

That's 8 years plus 6 more months of dithering for 2000 Australian kits Mike. That got me wondering, is that the reason Identa never reports sales in the same value? Why with such a great product why is it Australia only purchased 2000 kits after 8+ years. Any idea? The other thing is how did we ever go from Identa is cash positive and putting all it's profits back into R&D too: $8,000,000 US dollars in "accrued debt" and $200,000 US dollars in annual profit. (note we had to do the Israeli shekel, vs US dollar calculation Identa did not disclose a comprehensive profit statement)

I think you can agree despite what that national crime lab agreed to say about Identa in Lyon the numbers be they number of kits, US dollars or Israeli shekels... those numbers are ringing rather hollow, wouldn't you say?

Also based on the above I guess it's really no wonder in Identa latest PR it didn't disclose the name of this thousands of stores strong druggist chain or what type of agreement or what dates it pertained to huh? I wonder if they intend to use number of kits, or US dollars this time around? Well at least there is one constant they always like to refer to the dilution in BILLIONS of shares to the A/S. Hey I wonder if there was even full disclosure on that because this CEO always seems to be running with his tail between his legs. When are those manufacturing plants from India coming on line pray tell, heard anything?