Replies to post #18269 on Secure Point Technologies Inc (fka IMSCQ)

[zeynoc]

Cash with 300k quarterly sales and no prospects but that's not my point. What you are doing is illegal. The CEO of a company who signed the contract is telling you that the figure is INCORRECT And it is MATERIALLY HIGHER. It is not assumption, forward looking statement or projection. It is a FACT. What I don't understand is why do you get bothered? Why don't you put your effort in your little ASTC which has 0 chance of survival in the detection industry? Talking about proven business, how about 1170 unit sales to TSA or a contract as a sole provider worth up to 162mn? You have spread the same nonsense for years but after the achievements of last week, these claims are simply not legal. You are blaming a CEO of a public company by fudging numbers or not telling the truth. This is unacceptable.

[Buzzlityr]

MS- first off, that document appeared before there was a sale or an IDIQ. Secondly, ceo Bolduc has answered the question in 2 ways- one, the document was NOT reflective of the IDIQ price accepted by tsa, further, when questioned about B-220 vs H-150 prices he specifically said the B-220 sells for a much higher price than the H-150, which follows pattern and he wasn't referring to an MSRP price. I think the 150 ranges from 18-25K and 220 ranges from 35K-bid low end to 45K MSRP.
Additionally, the company was fairly cognizant of the pricing scheme submitted by Smiths and certainly by Morpho as Dr. Jones likely looked at both price schemes, one from the inside and one from the outside. I believe Smith's underbid Morpho last time around.

You can figure 1100 units at low end of 35K and high end of 37K, add expendibles-service etc at 15% of list not net. This was a 40 to 46M dollar piece of the IDIQ.

Many folks here have overlooked Dr. Jones role in this entire deal. He's sharp, has done it at a competitor and never walks into a gunfight with a fork. The man knows the way of the tsa.

Investors are NOT buying F. U. D. when we have a ceo we trust and I trust ceo Bolduc. As far as your post about the India / H150 order, try to remember, ceo Bolduc made those statements at the time that he took as WORD from the Indian Gov., which later Smith's protest turned upside down, delayed and deleveraged the entire deal. And one telling detail, caused share price decay for a period of time.

So to accuse our ceo of lying to shareholders, well that is a pretty damaging statement.
As far as I can see, the damage is done to YOU, not ceo Bolduc nor this company.

Best of Better LUCK to ALL IMSC LONGS!