Replies to post #18138 on Secure Point Technologies Inc (fka IMSCQ)

[b9molecule]

yes it does. trying to square that with all other information.

[Nowak488]

Can you post a link?

[b9molecule]

it also says: number of offers received: 1

Implant was the only qualified bidder. There should be scant price erosion.

The Q just reported said margin was 33%. At a discounted price of $38,000 break even would be $24,320 per unit

IF 21M is the total amount for 1,170 units, that equates to $18,641 per unit. How do we make money on that? are we dumping units on TSA to grab market share? what are we missing? the document is pretty clear.