IDO Security, Inc. (fka IDOI)

[ShysterChaser]

I read your post with the most objective light that I could bring to bear. The context begs to be analyzed at at least two (2) levels. Here is my take.

Level 1: IF IDO Security was really in the business of manufacturing security devices, including shoe magazines with old metal detecting technology, the company would have been out of business a long time ago. Look at the financials-----> major asset is Goodwill which probably reflects the premium paid for the Canadian shell. Not really many actual sales, or much revenue, or any profits.

Level 2: IF IDOI in nothing but a stock-selling enterprise, it can last forever. The gullible, greedy gamblers seem to be willing to take flyers on anything.

All IMHO.