Value Microcaps Motherboard

[zenvesting]

ITSI: Voting machine monopoly, 6 cents EPS last quarter, $7.8M backlog ($5.7 M market cap @ $0.44), and a low floater. It's an election year and I don't think I've ever seen a better set up for some low float mania.

Here are some news stories that discuss why ITSI has a monopoly on electronic voting machines, basically because the are he ONLY company certified by to the newest Elections Assistance Commission (EAC) standards of 2005.

Here is a story from Clay County, Iowa where they are awaiting delivery of new Unisyn Voting machines that says "It's the only product in Iowa at this point with 2005 certification which is the newest possible for federal certification," Pitts explained.:
http://www.spencerdailyreporter.com/story/1833583.html

Here is a story from South Bend Indiana, where they are working with Unisyn partner RBM Consulting to purchase new voting machines "According to the EAC's website, Unisyn OpenElect, of which RBM Consulting is the exclusive dealer in Indiana, is the only system that currently meets that standard":
http://articles.southbendtribune.com/2012-03-20/news/31217751_1_es-s-hart-intercivic-eac

Here is the story from St. Louis Missouri where they are being called a monopoly and have apparently made sales to “That’s why 25 counties bought these machines and all 25 received only one bid,”:
http://wentzville.patch.com/articles/voting-machine-veto-stands-county-to-re-bid-election-items#photo-5532040

....just add the predictable electronic voting machine scandals from their old competitors (Diebold) that we've seen in 2000, 2004, 2008.....and their backlog of orders should continue to grow substantially IMO.